1. P/L
| | Explanation |
Total P/L | Total P/L = Total Profit + Total Loss; Total Profit: the sum of stock P/L with positive returns; Total Loss: the sum of stock P/L with negative returns; |
Yield | Yield is calculated as total P/L divided by total allotment amount. |
Overall Average Holding Days | Overall Average Holding Days: the average number of holding days for all new stocks since the account has opened; The number of days to hold a single new stock: Calculated from the date of announcement of the successful lottery to the date when the number of successful lotteries of the stock is completely cleared; |
Update to | Pull down to refresh for the latest data. |
2. Subscription Analysis
| | Explanation |
Allotted Rate | Allotted Rate = number of allotted new stocks/number of subscriptions; Number of Subscriptions: the number of times of subscriptions that the subscription money is successfully deducted; Number of Allotted Amounts: the number of stocks that are allotted; |
Winning Rate | Winning Rate = number of the stock with positive returns/losses; Number of Profits: Among the number of allotted stocks, the number of stocks with positive return0； Number of Losses: Among the number of allotted stocks, the number of stocks with the negative return; |
Financing Ratio | Financing Ratio = Financing Amount / Total Subscription Amount; Financing Amount: the sum of bank financing and Futu financing; Total Subscription Amount: the sum of financing amount and cash subscription amount; |
3. Subscription Details Explanation
| | Explanation |
Profit and loss of a single new stock | P/L Amount = Fill Amount + Current Position – Allotment Amount – Trading Fees – Subscription Fee |
Holding Days | The cumulative number of days from the allotted date to the day when all the allotted shares sold out; |
Yield | The yield for each IPO stock is calculated as P/L divided by its allotment amount. |
Avg Sell Price | Amount sold/quantity sold; |
Since the subscription of new stocks in US stocks only supports cash subscriptions, the subscription analysis of "financing ratio" is not supported for the time being. |
No subscription fees apply for US IPO participation. |
4. Questions
4.1 What is the difference between the IPO P/L and the P/L Analysis profit and loss calculations?
1) IPO P/L only includes P/L of allotted IPO shares until they are sold. P/L Analysis includes both the IPO P/L and the P/L of your existing holdings.
2) IPO P/L includes allotment fees and subscription fees, while P/L Analysis currently excludes them. HK IPOs, allotment fees, including brokerage commissions, are listed in the subscription details.
4.2 Why is the P/L negative for stocks that are not allotted?
Since the P/L includes subscription fees, allotment fees, and trading fees, stocks that are not allotted will show a negative P/L.
4.3 How are allotted shares identified when calculating P/L?
Profit/loss is calculated on a first-in, first-out basis.
For example, if you are allocated 100 shares through IPO and buy another 100 shares in the grey market before listing, then sell 200 shares on the listing day. IPO P/L will only include the 100 allocated shares (with trading fees split proportionally, meaning 50% of the fees will be applied to the IPO P/L in this case). You can view the total profit and loss from selling all 200 shares under P/L Analysis.
4.4 Will IPO stocks still appear in IPO P/L after liquidation?
Yes.
