Kite portfolio shows average price and p&l of a stock bought and sold multiple times on FIFO principle. It is fair enough.
However to assess net p&l from a stock it is better to have the overall average price in front. Although detailed p&l statement are already available on console, but still calculation using realised and unrealised p&l is required to get the net picture.
@nithin@siva would it be possible to have portfolio analysis based on simple average on holdings screen of kite?
That is exactly what I am saying. If you lock in, we have to not do FIFO when the shares are locked in. It has to be LIFO or FIFO excluding what is locked in. Calculating buy averages is an extremely complex math especially with corporate actions, billions of rows of breakdown, etc. We can’t really make changes on that.
What we are working on though is a tagging feature. You can tag your portofolio to goals/strategies or whatever you want it to be. But the math will still be FIFO to calculate your holding price.