Determining the aggregate profit or loss within Fidelity’s mobile application necessitates navigating to the portfolio summary or positions view. This information is typically displayed as a dollar amount and/or a percentage, reflecting the difference between the original purchase price of assets and their current market value. For example, an account showing a “+$1,000 (2%)” indication means the portfolio’s value has increased by $1,000, representing a 2% gain on the initial investment.
Understanding portfolio performance is fundamental to informed investment decisions. It provides a clear metric for assessing the effectiveness of investment strategies and identifying areas for potential adjustments. This overview facilitates tracking progress toward financial goals and allows for comparison against benchmarks or other investment options. Historically, such calculations required manual tracking; however, modern brokerage platforms, like Fidelity’s app, automate this process for enhanced user convenience.
