Single -
Category Averaging Method This is the simplest averaging method, but also the least flexible.
The single -
category averaging method has been used to determine gain or loss for shares of the XYZ Mutual Fund.
Not exact matches
The «very warm»
categories translate to the «much above
average» while the «very cold»
categories translate to the «much below
average» in terms of the NCDC ranking
methods.
The weighted
average approach places teachers with different combinations of performance metrics into a single
category, while the matrix
method has the advantage of being able to handle the inconsistent cases differently.
You can figure the
average basis yourself using the single -
category method.
In our example above with the ABC Fund, the Single
Category average cost
method was used.
This is very similar to the Single
Category method, but you
average the shares in subsets according to holding period.
Most mutual fund companies will provide cost basis information for you when you sell your shares —
averaged according to the Single
Category method.
There are really two
average - basis
methods — single - and double -
category.