1. Formula for calculating P/L on stocks
P/L = Ending Market Value – Starting Market Value + Total Inflow – Total Outflow
a. The position market value is calculated based on the closing price on the selected date.
b. Total Inflow: selling value or its equivalents, including values of stocks sold and transferred out (as calculated at the closing price on the date of transfer).
c. Total Outflow: buying value or its equivalents, including values of stocks bought, transferred in (as calculated at the transfer cost price if so designated, or the closing price on the date of transfer if no such transfer cost price is designated), and allotted in IPOs (as calculated as the issue price multiplied by the number of allotted shares).
d. Transaction Fees: settlement fees, trading fees, etc. which are withheld by Moomoo AU as well as commissions and platform fees which are charged by Moomoo AU.