Why is average annual return on investment negative?
I purchased a stock in June 2016 and have not traded it since then. It is up more than 50% in that time, but off it's highest valuation due to recent loss in valuation (last several months). I have received some dividends but they are small compared to the increase in valuation but I don't think that comes into play in the calculation of the IRR. I can see why the 1 year average annual return on investment (IRR) is negative, but I can't understand why the 3 and 5 year average annual return on investment is negative. I have owned the stock for less than 3 years and as I said it is up more than 50%. The fact that I have owned it without subsequent trading should make the calculation of IRR relatively simple, but seems to be in error. What is going on?
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I'm using Quicken for Windows 2019 R17.6
I think that I know the reason for this problem, but don't know how to fix it.
I suspect that the problem is that I used a "transfer" transaction to move the stock from one brokerage account to another. IRR is being calculated based on the date of the transfer.
Is there a fix for this so that it uses the original date of the stock purchase?
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