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Stock comparison currency

HC
Hedge Cat29 ноября 23 г. | Опубликовано в Помощь
Hi, when comparing stocks nominated in different currencies, like GBP and EUR, do you first convert them into a common currency to make the charts comparable and account for currency movements against each other?
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DS
Dmitry Shevchenko30 ноября 23 г.

Hey, yes, that's right. When comparing stocks nominated in different currencies, we convert them to a common currency – USD. All further calculations, like performance, drawdowns, etc. are then based on the $ price of compared tickers.

If you have any more questions or need additional clarification, please feel free to ask.



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