Community / How to calculate stock gain or loss percentage on the NGX

How to calculate stock gain or loss percentage on the NGX

Beginner Investing

If you want to know how to calculate stock gain or loss percentage on the Nigerian Exchange, you simply compare your profit or loss to the original amount of money you used to buy the shares.

In simple words: percentage gain or loss tells you how much your money has grown or shrunk in every hundred Naira, just like calculating your profit when selling tubers of yam in the market.

For example: Imagine you buy shares for one thousand Naira, and later your investment grows to one thousand two hundred Naira. You have made a gain of two hundred Naira, which is a twenty percent increase.

Remember:

  • Always subtract your buying price from your selling price first.
  • Divide that answer by what you originally paid.
  • Multiply by one hundred to get your final percentage.

Try it on StocktoWealth: Open your virtual money account today and practice checking your percentage on stocks like ELLAHLAKES to see how it works.

This is for learning, not financial advice.

Asked by Amaka Chukwu · 3 days ago · 12 views

2 Answers

Good day to you, and welcome to our learning space. To find your percentage gain or loss, you simply divide your profit or money lost by the original amount you paid, and then multiply that answer by one hundred. Think of it just like calculating your gain on selling tubers of yam in the market, where you want to know the exact profit made on every hundred Naira you started with. Please log into your virtual practice account on StocktoWealth today and try this simple math on any stock of your choice to see how your simulated money grows or drops.

Amaka Chukwu · 1 day ago
▲ 0

Ah, my friend, do not worry at all about these big grammar words, because calculating your gain or loss on the NGX is just like checking your profit after selling goods in the market. You simply take the current price of your shares, subtract the original price you bought them for, divide that answer by your buying price, and multiply by one hundred. Since we are just practicing with virtual money on StocktoWealth, go ahead and try this formula with any stock on your dashboard to see how your numbers grow.

Ngozi Ade · 6 hours ago
▲ 0

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