Finance Help
Finance Help
FINANCE
About portfolios
1. Portfolios deprecation information
2. Performance and Transactions
3. Short Lots
4. Cost Basis
5. Long Lots
6. Portfolio summary calculations
7. Cash in your portfolio
Charts
1. Customize your chart's settings
2. System requirements for charts
3. One of my charts is missing
4. Identify splits and dividends on a chart
About portfolios
o Follow the stocks you’re interested in - the list of stocks in your portfolio will be migrated into the new experience on Google
automatically
o Receive the latest industry news and market trends
However, as part of this updated experience, the Portfolios feature will no longer be available. To keep a copy for your records,
download your portfolio now.
To give you time to download and consider alternative services, this change won't happen until mid-November 2017.
Anatomy of a portfolio
Every portfolio is composed of transactions each of which reference securities, of which are represented by a Ticker Symbol. This is
what you see in the Overview, Fundamentals, and Performance views. The symbol for a security may represent a
company's Common Stock, such as GOOG for Google. Or it may represent different classes of shares of a company's common
stock, such as BRK.A and BRK.B for Berkshire Hathaway, or an Exchange-TradedFund, Mutual fund, or anything else that you can
own shares of. Technically, a portfolio can contain a stock Index like the Dow (.DJI) or NASDAQ (.IXIC), but that is just a
convenience so you can compare your securities' performance against the broader market; we will not discuss stock indexes further.
We start with the fundamental unit of portfolios, the transaction.
Transactions
A transaction is assumed to have the following values that you can set:
Share count: the number of shares referenced by the transaction. This can be zero for a "watchlist" item, that is, a stock that you
added to your portfolio just to keep an eye on its performance, not because you own any shares of it.
Cost per share: the cost to purchase each share, in the currency of the exchange on which the share is traded. In the case of cash
deposits or withdrawals, this is just the amount of the transaction.
Type: One of "Buy", "Sell", "Sell Short", "Buy to Cover", "Deposit cash", "Withdraw cash", "Dividend", or
"Split". Dividends and splits are computed automatically based on the traded company's history; you cannot set these yourself.
Share count, cost per share, and commission are all optional. If you leave any blank, we treat it as zero.
A transaction also has certain values that are set automatically based on
its traded company:
Share price: the trading price of the share at the time computations are performed, in the currency of the company's stock exchange
Price change: the percentage change in the trading price of the share since the market open
Dividend value: For dividend transactions, this is the amount of the dividend per share of the stock
Finally, there are values that are derived from those we have looked at
already:
Transaction-adjusted share count: this is the number of shares in the transaction, as of the time of the computation, based on the
company's split history. For example, if you purchased 100 shares of a stock that then split 2:1 (meaning that you receive two
shares in exchange for every individual share you own), this value would be 200.
Event-adjusted share count: this is like the transaction-adjusted share count, but instead of being split-adjusted to the present, it is
adjusted to the time of a relevant event, such as a split or dividend issue.
Cash value: this value depends on the type of the transaction you decide to do. See Transaction types:
o "Buy" or "Buy to Cover": The amount it cost to make the transaction. This is negative, since purchasing depletes your bank account.
cash value = -(share count * cost per share + commission)
o "Sell" or "Sell Short": The amount you made on the sale. cash value = share count * cost per share - commission
3. Short Lots
Short lots work pretty much the same as long lots, but with buys and sells reversed. In short lots, a position is opened by selling
shares you do not technically own yet (which makes you money), and closed by buying shares at a later date to cover the
transaction (which costs you money). This way, you make money if the security's price goes down, and lose money if it goes up.
The most important difference with short lots is the definition of cost basis. Since the gains from a short sale transaction are not
realized until a covering buy is made, Google Finance computes the value of an uncovered short as if a covering buy were made at
the current stock price. For this reason, both the basis and the return are dependent upon the price of the stock.
At this point you have an obligation to deliver 100 shares at some point in the future. Suppose the stock is now trading at $450,
down $10 since the market open.
Then:
We calculate the same numbers, bearing in mind that you only hold obligations to sell 50 shares at the time of calculation. Suppose
the stock is now trading at $450, down $10 since the market open.
Then:
4. Cost Basis
Cost Basis
We should linger on Cost basis for a moment. When Google Finance presents summary statistics for your portfolio, it computes
those numbers based on the number of shares you still own. So, if you bought 100 shares of XYZZ, then sold them all, your cost
basis will be reported as 0, as will your market value, gain, etc. If you only sold 25 shares, then all of your statistics will be based on
the 75 shares that you still own. Notice that since this ratio is applied to your entire initial investment, which includes commission
costs, only the portion of your commission costs that applied to the stocks you still own will be considered.
Some examples:
Transaction: 4/1/2008 BUY XYZZ 100 @ $471.09 ($15 commission) -> the cost basis is 100 * 471.09 + 15 = $47.124.00
Now Suppose you buy 100 shares of XYZZ on April 1, 2008, but sell 50 on 5/5/2008:
Transaction: 4/1/2008 BUY XYZZ 100 @ $471.09 ($15 commission) -> At this point you own 100 shares.
Transaction: 5/5/2008 SELL XYZZ 50 @ $573.20 ($15 commission) -> Now you own 50 shares. The cost basis is 50 * 471.09 +
7.50 = $23,562.
(Remember that commission costs are apportioned across all the shares you bought originally.)
Overall Return
The overall return will consider all the shares in your transaction history, whether you still own them or not. This is useful for
evaluating your overall investment strategy, rather than simply tracking the stocks you currently own. We start by looking at all the
transactions in the lot, and adding up how much money each of these transactions either cost you, or made you.
For example:
Transaction: 4/1/2008 BUY XYZZ 100 @ $471.09 ($15 commission) -> costs $47,124.00. We call this cash out.
Transaction: 5/5/2008 SELL XYZZ 50 @ $573.20 ($15 commission) -> makes $28,645.00. We call this cash in.
Now we can compute the returns gain? This is similar to the gain computed earlier, except that it takes into account the money
you made on all transactions.
In our example, suppose XYZZ is trading at $484.77 today. That means that market value (based on the 50 shares still owned) is
$24,238.50. Plugging this in to our equation gives us a returns gain of $5,759.50.
The overall return rate is just the returns gain divided by the amount you paid to establish the lot:
**the computation of return for short sales is somewhat different: see our page 'Short Lots'
5. Long Lots
Long Lots
Each security is divided into Lots. These do not appear in the user interface, but they are important for calculating gains and returns.
Lots, in turn, are composed of transactions. Every time you purchase shares of a stock, a new lot is opened. When you sell shares,
they are deducted from the oldest lot that still has shares. (Why the oldest first? We take our cue here from the U.S. tax code) If the
oldest lot has shares, but not enough to complete the sale, then the sale may be split into two (or more) transactions, in order to
allocate it across multiple lots. If all the lots together do not have enough shares to complete the sale, then the sale is invalid, and an
error message is displayed.
Now suppose you sold 50 shares of XYZZ on May 5, 2008. That would be divided up like this:
Suppose you also sold 80 shares of XYZZ on September 19, 2009. Since Lot 1 only has 50 shares left, the sale has to be split. In
the Transactions tab, you will see your sale of 80 shares, but internally, it is treated like this:
At this point, Lot 1 is considered a closed lot, that is, it has no more shares available for sale. Lot 2 still has 70 shares.
Everything we have talked about so far applies to long lots, lots that are created by buying and holding stock. But lots can also be
opened by short sale. These short lots behave analogously to long lots, except that every short sale starts a new short lot, and any
covering buys will be deducted from the oldest short lot. Short lots will be discussed in more detail later on, so don't worry if you are
unfamiliar with the term.
o initial quantity: This is the share count of the transaction that opened the lot.
o remaining quantity: This is the number of shares that have not been matched with subsequent sell transactions.
o initial investment: This is the negative of the cash value of the transaction that opened the lot, because the cash value is the effect
on your bank account, but the initial investment is the opposite: it is the value that has been "put into" the stock. So, for example, the
cash value of a purchase of 10 shares of XYZZ at $350 is -$3500, and the initial investment is $3500.
From these values, the following investment statistics can be computed for the lot:
cost basis: cost basis = initial investment * (remaining quantity / initial quantity)
gain: gain = market value - cost basis [Note that this might be negative!]
The total return for each security is calculated similarly: Returns gain and cash out are summed over all the lots for the security, then
the total return is calculated by:
Next, the summary values for the portfolio are calculated. These are the values that appear along the final row in the Performance
tab. First, for each of the securities in the portfolio, cost basis, market value, gain, and today's gain are converted from the security's
currency to the portfolio currency (which you can set in the Edit Portfolio page). Then the converted values are summed over all the
currencies to give the portfolio values. Market value is adjusted by adding any cash deposits and subtracting any cash withdrawals.
Then gain percentage is computed in the by-now familiar way:
Finally, the overall return is computed by converting the returns gain and cash out from each of the securities from the security
currency to the portfolio currency, then summing them to get portfolio values. The total return is the calculated by:
Currency is an issue worth revisiting, because it can get a little complicated. Every security on Google Finance has a currency in
which it is valued. For example, GOOG is priced in dollars, whereas Vodafone (LON:VOD) is priced in British pence. The currency
we use for a security is the currency used by the stock exchange on which the security is traded. Since all the securities need to be
combined in order to show portfolio currencies, you have the option to specify a portfolio currency by clicking the "Edit Portfolio" link
on the main portfolio page. When the security values, such as gain or market value, are rolled up for all the companies, each is first
converted from its own currency to the portfolio currency, using today's exchange rate. Then all the summary values will be
displayed in the portfolio currency.
End Notes
[1] U.S. Dept. of the Treasury, Internal Revenue Service Publication 550, "Investment Income and Expenses (Including Capital
Gains and Losses)", 2008. Chapter 4, Section "Basis of Investment Property", Subsection "Identifying stocks or bonds sold",
Paragraph "Identification not possible": "If you buy and sell securities at various times in varying quantities and you cannot
adequately identify the shares you sell, the basis of the securities you sell is the basis of the securities you acquired first." This rule
is sometimes called FIFO, for "First in, First Out". Since Google Finance does not let you manually match sales with lots, this is a
reasonable rule to use.
1. Once you’re signed into your Google Account, click Portfolios on the left side of the Google Finance homepage.
2. Next to "Cash," click Deposit or Withdrawl.
3. Choose whether to deposit or withdraw, enter the date and amount (notes are optional), and press Add to portfolio.
Cash balances and transactions will be calculated in your portfolio’s default currency.
Receive a dividend? Add the appropriate amount to your cash balance to appropriately adjust your portfolio's overall value.
1. Import a portfolio
You can import file transactions in two formats, OFX and CSV. You can either import a file that you've developed, or one that you've
downloaded from another financial service.
4) Before importing the file into the chosen portfolio the columns specified can be adjusted to match the uploaded file: Stock
symbol, purchase price per share, number of shares.
5) Click 'Import' found at the bottom of the page to finish the transaction.
Note: You don't have to Import every transaction that you upload. You can tick the boxes to the left of the transaction to indicate
what you want imported.
Most brokerage firms allow you to download historical transactions in .csv format. A .csv file, also known as 'Comma Separated
Values' is a plain text file that stores spreadsheet information. If you have your portfolio in an Excel spreadsheet you can also save it
as a .csv file to be imported directly.
2. Create a portfolio
When you create a portfolio, you can keep track of financial information, including how many shares you own and at what price. To
get started, you first need to create a Google Account. Once you have a Google Account, creating a portfolio is easy:
1. Click the Portfolio link in the left navigation bar of the Google Finance page.
2. Click Create a Portfolio on the right side of the page.
3. Name your portfolio, and click OK.
4. You can click Add to Portfolio at the top of the company or mutual fund search result.
Once transactions are entered, you can view and change which of your transactions are linked to a cash balance in your portfolio.
Simply visit the transaction-editing page in your portfolio, and check or un-check the box labeled "Cash-linked."
5. Delete a portfolio
To delete a portfolio in your account, please follow the steps below. Please keep in mind, however, that once you delete your
portfolio, you won't be able to recover it.
1. Once you’re signed into your Google Account, click Portfolios on the left side of the Google Finance homepage.
2. Click Delete portfolio. This will permanently delete your portfolio and all transactions in it.
3. Click OK.
Charts
Large chart view does not allow you to view News Flags right now
You can also try clearing your browser's cache to ensure that you're viewing the most updated version of Google Finance. One way
to do this is to visit the Google Finance homepage and then refresh the page while holding the Shift key (or Ctrl key for certain
browsers). Reloading the page while holding Shift will clear your browser's cache only for the site you're refreshing and may restore
the charts functionality. You can also try clearing your browser's cache.
Note: Certain securities don't trade with enough volume to generate a chart. This often happens with penny stocks or stocks trading
on foreign exchanges. Also, privately held companies will not have charts.
In a nutshell
o Use the stock screener to search for stocks that meet a rich set of criteria (e.g. with a market cap between 0 and $100M and a 52-
week price change between -70 and -40%).
o Access the stock screener by clicking Stock screener, in the left navigation column. Each time you visit the screener, the default
screening criteria will appear at the top of the page.
o Use the default screening criteria, or learn how to specify your own.
o Once you've got your results, save any screen by bookmarking the URL in your browser's address bar.
Google Finance's stock screener allows you to search for stocks (currently US stocks only) by specifying a much richer set of criteria
than a text search allows. For instance, if you wanted to look for bargain small-cap stocks, you could perform a search for stocks
with a Market cap between 0 and $100M and a 52-week price change between -70 and -40%.
You can screen stocks using these default criteria or specify your own criteria. Once you've selected your desired criteria, provide
upper and lower limits for each criterion. The list of results update as you refine your search. Click any result to go to the Google
Finance summary page for that company.
Example: Clicking the ‘Find similar stocks’ from Apple’s company page will display the stock screener with the P/E Ratio and Return
on Equity set to a min and max for figures that give an actual representation for that of Apple’s ratios.
o
o
Email alerts
Although we don't provide stock alerts at this time, you can request email updates or create an RSS feed about particular
companies using Google Alerts. Visit http://www.google.com/alerts to get started.
Google.com searches
If you search for an exchange-supported ticker symbol or mutual fund on Google.com, you'll see the price at the top of the search
results, along with an intra-day chart, the daily high and low, and other useful information. Click the chart or the Google Finance link
to visit the corresponding company page in Google Finance.
RSS feeds
If you use a RSS reader, you can create RSS feeds for news stories on a particular company in Google Finance and subscribe to
them via your RSS reader.
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