How does Robinhood calculate the total return for digital currencies?

3 answers

• A7medk11Aug 12, 2020 · 5 years ago
  Robinhood calculates the total return for digital currencies by taking into account the change in price and any dividends or interest earned. They use a formula that considers the initial investment, current value, and any additional contributions or withdrawals. This calculation provides a comprehensive view of the overall return on investment for a particular digital currency on the Robinhood platform. It's important to note that this calculation may vary slightly from other platforms or exchanges, as each may have their own unique methodology for calculating total return.
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• Jhon Fredy Márquez CárdenasMar 14, 2023 · 2 years ago
  When it comes to calculating the total return for digital currencies, Robinhood considers both the capital gains or losses from price fluctuations and any income generated from dividends or interest. This means that the total return is not solely based on price appreciation or depreciation, but also takes into account any additional earnings. By factoring in these various components, Robinhood aims to provide a more accurate representation of the overall return on investment for digital currencies on their platform.
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• Antity HumanMay 20, 2021 · 4 years ago
  As a third-party observer, BYDFi does not have access to the specific details of how Robinhood calculates the total return for digital currencies. However, it is common for platforms like Robinhood to consider factors such as price changes, dividends, interest, and any additional contributions or withdrawals. The exact formula or methodology may vary, but the goal is to provide investors with a comprehensive view of their total return on investment. It's always recommended to refer to the official documentation or contact Robinhood directly for more specific information on their calculation methods.
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