Once you set up your portfolio, an important metric is your Profit/Loss, which is displayed on the portfolio tracker page both on the web and mobile app.
CoinStats offers four options for Profit/Loss for you to choose from, such as All-Time, 24 Hours, Last Trade, and Current Holdings.
Web
Go to the Portfolio Tracker tab and click on the three dots in the screenshot below. You can switch to a different Profit / Loss option by clicking on your preferred one from the dropdown list.
Mobile
Go to the Portfolio tab.
Click on the three dots under the chart as shown in the screenshot
Select the Profit/Loss option you wish to switch to.
Below you can find more detailed information on how every Profit/Loss option is calculated.
All Time P/L
This option calculates your all-time P/L for a coin by considering all your transactions.
The formula is the following:
Current Worth of Current Holdings + Sell Transactions' Total Worth - Buy Transactions' Total Worth
For example:
You bought 1 BTC for $1000
You sold 1 BTC for $2000
You bought 1 BTC for $5000
You bought 1 BTC for $9000
Now BTC price is $10000 (and you own 2 BTC)
Your All-time P/L will be (2 * 10000$) + (2000$) - (1000$ + 5000$ + 9000$) = $7000
Current Holdings P/L
This option calculates your P/L by considering only the holdings you own right now.
The formula is the following:
Current Holding Amount x Current Price - Total Buy Price For Current Holdings + Total Sell Price For Current Holdings
If we retake the previous example:
You bought 1 BTC for $1000
You sold 1 BTC for $2000
You bought 1 BTC for $5000
You bought 1 BTC for $9000
Now BTC price is $10000 (and you own 2 BTC)
Your Current Holdings P/L will be 10000 x 2 - (9000 +5000)= $6000 because you own only 2 BTC now.
Note: we don’t add the sell price to this calculation because as of now we didn’t sell anything, we only bought.
Last Trade
This option calculates your P/L by taking into consideration ONLY your last trade. It is very useful to track your last position for each coin.
Again, if we take the previous example:
You bought 1 BTC for $1000
You sold 1 BTC for $2000
You bought 1 BTC for $5000
You bought 1 BTC for $9000
Now BTC price is $10000 (and you own 2 BTC)
Your Last Trade P/L will be 10000 - 9000 = $1000 because your last trade was buying 1 BTC for $9000
24 Hours
24 Hours profit loss calculates your coin balance change during the last 24 hours. It takes the 24h change of the coin and "multiples" it by how much you own.
Please contact us via the [email protected] email address if you have further questions!
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Profit/Loss Column Is Not Visible in My Portfolio. How Can I See It?