Thursday, November 4, 2010 at 1:34 PM
Posted by Patrick Coskren, Software Engineer
Any investment advisor’s first tip to new investors is to look at their investment portfolio as a whole, rather than banking on individual stocks. So for most of us, the most important metric for our investments is how our portfolio performs, especially relative to broader markets.
To make it even easier to track your portfolios, today we launched Portfolio Charting on Google Finance. Now you can graphically track your portfolio’s historical performance either individually or versus a specific stock or market index to get an instant snapshot of how you’re doing. For the first time on Google Finance, you can see a visual representation of an entire portfolio as well as track it over time, rather than graphing each stock individually.
To get started, visit your Portfolio page and scroll down under ‘Portfolio related news’. From here you can see your portfolio’s total value over time or zoom to a specific date. Use the graph to compare your portfolio to indices like Dow, S&P 500, and NASDAQ, or enter a symbol to compare your portfolio to a particular stock.
The graph uses the transaction data you’ve entered or uploaded for your portfolios to display the market value of each portfolio at a given time. If you haven’t entered transaction information for a portfolio, we make some assumptions to give a general overview of the stocks you’ve selected. For a full breakdown of the assumptions we make, visit the Help Center.