Performance Tab Overview
The Performance tab is a powerful tool in Collectr that helps you track the financial performance of your collection by comparing the purchase prices entered into Collectr vs current market values.
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Note: For any products that you wish to track on the Performance tab, you must enter a Price Paid for those products.
Need to understand how to enter a price paid amount? Take me there.
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- Profit & Loss: Automatically calculates your unrealized gains or losses
- Paid: Displays the total amount you've entered as paid in your portfolio
- Market Value: Shows the current market value of your entire collection
How to Use the Performance Tab
- Access the Tab: Navigate to the Home screen and select the Performance tab at the top of the screen
- Enter Purchase Prices: Make sure you've entered the purchase prices for your items to get accurate P&L calculations
- View Performance Metrics: Check your collection's performance through various timeframes (daily, weekly, monthly, etc)
- Monitor Market Changes: Keep track of how market fluctuations affect your collection's value
Tips for Better Tracking
- Always input accurate purchase prices when adding new items
- Regularly check market values to stay informed about your collection's worth
- Use filters to analyze performance of specific parts of your collection
- Export data for detailed analysis if needed
Remember that market values are based on real-time data and may fluctuate based on market conditions.