I'm looking for ways to find discounts for NAV. I want to know the best methods or platforms to search for these discounts, so I can save money on my purchase.
5 answers
amelia_martinez_engineer
Sun Jan 05 2025
The process of calculating Premium/Discount to NAV is relatively straightforward.
Elena
Sat Jan 04 2025
To express this difference as a percentage, the difference is divided by the NAV per share and then multiplied by 100. This provides a clear indication of the ETF's premium or discount to its NAV.
emma_grayson_journalist
Sat Jan 04 2025
It starts by determining the ETF's market price per share. This reflects the current trading value of the ETF on the stock exchange.
BitcoinBaroness
Sat Jan 04 2025
Next, the ETF's NAV per share is calculated. NAV stands for Net Asset Value and represents the total value of the ETF's underlying assets minus any liabilities.
Bianca
Sat Jan 04 2025
Once both the market price and NAV per share are known, the difference between them is computed. This difference indicates whether the ETF is trading above or below its true value.