Wrong stock value, average cost, etc

General discussions about the release versions of Capitalism Lab
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ukrlex
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Wrong stock value, average cost, etc

Post by ukrlex »

Let's analyze the attached screenshot first.

1. An, plc owns 0.01 percent of the JP Morgan's shares. The stock value is $63,824,545.
Relay Power owns 0.01 percent of the JP Morgan's shares. The stock value is $82,962,506.
Stacking Blocks owns 0.01 percent of the JP Morgan's shares. The stock value is $97,853,212.
Memory Today owns 0.01 percent of the JP Morgan's shares. The stock value is $57,435,581.

So, as you can see, all of the above companies own the same number of shares, but the cost of this shares is significantly different. I think it is wrong.

2. The cost of buying and selling shares is the same, which practically may not be.

3. I don't understand how the average purchase price ($324.99) can be unprofitable if there is a profit ($ 56 M )
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pookar
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Re: Wrong stock value, average cost, etc

Post by pookar »

ukrlex wrote: Wed Jan 20, 2021 10:33 pm Let's analyze the attached screenshot first.

1. An, plc owns 0.01 percent of the JP Morgan's shares. The stock value is $63,824,545.
Relay Power owns 0.01 percent of the JP Morgan's shares. The stock value is $82,962,506.
Stacking Blocks owns 0.01 percent of the JP Morgan's shares. The stock value is $97,853,212.
Memory Today owns 0.01 percent of the JP Morgan's shares. The stock value is $57,435,581.

So, as you can see, all of the above companies own the same number of shares, but the cost of this shares is significantly different. I think it is wrong.

2. The cost of buying and selling shares is the same, which practically may not be.

3. I don't understand how the average purchase price ($324.99) can be unprofitable if there is a profit ($ 56 M )
Its not wrong cause every company have a different owned quantity.
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ukrlex
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Re: Wrong stock value, average cost, etc

Post by ukrlex »

Please, read again my message.
Each company has 0.01% of shares.
But stock value of 0.01 % is different for each company.
pookar
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Re: Wrong stock value, average cost, etc

Post by pookar »

ukrlex wrote: Thu Jan 21, 2021 12:23 am Please, read again my message.
Each company has 0.01% of shares.
But stock value of 0.01 % is different for each company.
Persentage 0,01% its not accurate cause total number of share very huge. You can calculate ( owned quantity each company X stock price (212.72) = stock value).
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ukrlex
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Re: Wrong stock value, average cost, etc

Post by ukrlex »

[/quote]

Persentage 0,01% its not accurate cause total number of share very huge. You can calculate ( owned quantity each company X stock price (212.72) = stock value).
[/quote]

I know it.

Do you think that 0.0144% cost $97,853,212 and 0.01% - $57,435,581. at the same time? Too much difference between $97,853,212 and $57,435,581.
Last edited by ukrlex on Thu Jan 21, 2021 2:56 am, edited 1 time in total.
pookar
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Re: Wrong stock value, average cost, etc

Post by pookar »

2. Why the buy and sell price is $ 75,957,252 ? And not match with your owned stock value.

Minimum quantity in stock trading to buy and sell is 0.01% which is for this case JP Morgan have total number of share 3,570,689,655. Its mean 0.01% of the total share is 357,069. If the stock price is $212.72 X 357,069 = $75,955,722. Its correct.

In stock market for JP Mogran, shareholder who owned share quantity below 700,000 will show in the percentage as 0.01%. Thats why each company have different stock value but have the same value in percentage, cause every single company have different owned stock quantity.

There is no error or wrong or bug. Its normal. But i'm shock with the value of JP Morgan. I think its cause you play with DLC digital and DLC banking too. Its hard to reach 100B company market cap in DLC Sub + DLC CES.
pookar
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Re: Wrong stock value, average cost, etc

Post by pookar »

ukrlex wrote: Thu Jan 21, 2021 2:52 am
Persentage 0,01% its not accurate cause total number of share very huge. You can calculate ( owned quantity each company X stock price (212.72) = stock value).
[/quote]

I know it.

Do you think that 0.0144% cost $97,853,212 and 0.01% - $57,435,581. at the same time? Too much difference between $97,853,212 and $57,435,581.
[/quote]

Cause the game only show 2 number of decimal. Count the real exact value by the owned quantity, not percent.
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ukrlex
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Re: Wrong stock value, average cost, etc

Post by ukrlex »

We are talking about different things. There is almost always a difference between the buy price and the sale price. Usually the buy price is higher.
pookar
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Re: Wrong stock value, average cost, etc

Post by pookar »

ukrlex wrote: Thu Jan 21, 2021 3:04 am We are talking about different things. There is almost always a difference between the buy price and the sale price. Usually the buy price is higher.
no friend, is the same thing.

see this.
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MagnusA
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Re: Wrong stock value, average cost, etc

Post by MagnusA »

Old thread but I try anyway:

As many have pointed out the 0,01 % is heavily rounded and not accurate. For such small amount of shares (compared to the total number of shares) you need more decimals. The inaccuracy gets even worse if the game internally calculates with too few decimals. A more accurate relative ownership in the first scrrenshot is like this:
  • An, plc: 300 034 shares of 3 570 689 655 = 0.0084 % (rounds to 0.01 %)
  • Maple Five: 740 000 shares of 3 570 689 655 = 0.0207 % (rounds to 0.02 %)
  • Relay Power: 390 000 shares of 3 570 689 655 = 0.0109 % (rounds to 0.01%)
  • Stacking Blocks: 460 000 shares of 3 570 689 655 = 0.0129 % (rounds to 0.01 %)
  • Memory Today: 270 000 shares of 3 570 689 655 = 0.0076 % (rounds to 0.01 %)
The stock price is currently $212.72 per share. Since each company owns different number of shares their total share value differ from the other owners.

For the global stock market the game needs to present the relative ownership with more decimals.
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