Knowing how to calculate stock gain or loss percentage helps beginners track their money on the Nigerian Exchange.
In simple words, your percentage gain or loss shows how much money you made or lost compared to what you started with. Think of it like buying plantain at the market and checking your profit.
For example, if you buy shares for one thousand Naira and later check a price of one thousand two hundred Naira, you made two hundred Naira. That is a twenty percent gain.
Remember:
- Always subtract your buying price from your current price.
- Use this method to calculate stock gain or loss percentage correctly.
- Multiply your final answer by one hundred.
Try it on StocktoWealth: check one of your virtual stocks like FTNCOCOA today and practice how it works.
This is for learning, not financial advice.