Go back
Stock question

Stock question

General

Vote Up
Vote Down

I play "fantasy stocks" at this site:

http://www.wallstreetpros.com

In the Portfolio section, there is a column that reads "Profit" for that stock. What exactly does that mean? Is it

(Current value) - (Amount spent)?

If so, then the program would need to remember how much I paid for each share of each stock, which seems like a lot of stuff for the program to remember. I suspect that column uses a different formula. Can anyone tell me exactly how that column is calculated?

Vote Up
Vote Down

Originally posted by AThousandYoung
I play "fantasy stocks" at this site:

http://www.wallstreetpros.com

In the Portfolio section, there is a column that reads "Profit" for that stock. What exactly does that mean? Is it

(Current value) - (Amount spent)?

If so, then the program would need to remember how much I paid for each share of each stock, which seems like a lot of stuf ...[text shortened]... t column uses a different formula. Can anyone tell me exactly how that column is calculated?
is it any good?

Vote Up
Vote Down

Originally posted by celticcountry
is it any good?
I know nothing about stocks, but I find it enjoyable and educational. You can only buy once every 15 minutes due to some sort of cheating that was taking place in their competition.

Vote Up
Vote Down

Originally posted by AThousandYoung
I play "fantasy stocks" at this site:

http://www.wallstreetpros.com

In the Portfolio section, there is a column that reads "Profit" for that stock. What exactly does that mean? Is it

(Current value) - (Amount spent)?

If so, then the program would need to remember how much I paid for each share of each stock, which seems like a lot of stuf ...[text shortened]... t column uses a different formula. Can anyone tell me exactly how that column is calculated?
i would assume that the formula you provided (value-cost) is probably correct, as this seems the only way it could be calculated. as for the thing of it being a lot to remember, this isnt the case really.....just think of all the information this website holds for each player etc. i could be wrong but this seems likely to be correct