I'm wondering if NAV is similar to stock price. Are they comparable in some way or completely different? I'd like to understand the relationship between the two.
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    Arianna
    Tue Nov 05 2024
   
  
    The listed NAV price is indicative of the fund's value as of the previous trading day's close.
  
  
 
            
            
  
    
    Isabella
    Tue Nov 05 2024
   
  
    The NAV represents the value of each share in a mutual fund.
  
  
 
            
            
  
    
    Thunderbolt
    Tue Nov 05 2024
   
  
    Unlike stock prices, which fluctuate throughout the day, the NAV remains stable until the end of the trading day.
  
  
 
            
            
  
    
    CherryBlossomFalling
    Tue Nov 05 2024
   
  
    It provides investors with a snapshot of the fund's worth at a specific point in time.
  
  
 
            
            
  
    
    TaekwondoMasterStrengthHonor
    Tue Nov 05 2024
   
  
    At the conclusion of each trading session, the NAV is updated to reflect the fund's current value.