Recomputing Historical Net Worth

MI automatically creates a file containing weekly net worth values for each portfolio. These records are created whenever a portfolio change report or Net Worth chart needs a net worth value that does not already exist in the file. If the value already exists in the file, it is not recomputed thus saving time when running the report or chart.

Occasionally, users will need to enter, edit or delete information that, invalidates the net worth values that were previously computed and stored in the file. These entries include reassignment of assets from one portfolio to another, backdated transactions and corrections to price data.

If any of these conditions occur, the Rebuild Net Worth button may be used to rebuild the weekly net worth values so that they reflect the current status of entries in your data files.

NOTE: If your portfolio contains securities that had splits that were applied after the security or some portion of it was sold then the historic net worth computed for that security will not be accurate since it will be computed using split adjusted prices but not split adjusted shares.