What is LTP percentage in Zerodha?

LTP Meaning

LTP (Last Traded Price) indicates the last price at which the share was bought and/or sold. The significance of the LTP lies in its fluctuations, as the LTP of a share varies throughout its life.

LTP Percentage in Zerodha

The LTP percentage in Zerodha is calculated as the percentage change in the last traded price compared to the previous day's closing price.

ATP Meaning

The ATP (Average traded price) is the price that buyers pay for a share in a given period. The average traded price is also referred to as the volume-weighted average price, while the LTP is the last traded price at which the last transaction was executed on the stock exchange.

When calculating the average buy price for your shares, it is important to apply the FIFO (First In, First Out) method. This means that the shares you buy are sold first from your account. Using the FIFO method when filing your income tax return is important because the Internal Revenue Service requires it. Note that intraday trades are not taken into account when calculating the purchase average of your holdings. If you sell and repurchase your holdings on the same day, the difference will be considered an intraday gain or loss and will not affect the purchase average of your holdings.