What does it mean when the fund is green and red?
Fund green and red refer to the rise or fall of the closing price of the fund on that day, which are represented by green and red respectively. In the stock market, red is generally used to indicate that the stock goes up and green is used to indicate that the stock goes down. The same is true of the fund market. Red indicates that the fund's closing price has risen, and green indicates that the fund's closing price has fallen.
Specifically, the fund's red and green are determined according to the fund's closing price on that day. If the closing price of the fund rises, the color of the fund will turn red; Conversely, if the closing price of the fund falls, the color of the fund will turn green.
In the fund market, red and green are also signs of ups and downs, and investors can judge the ups and downs of the fund on that day by observing the color of the fund. The red and green of the fund is also based on the psychological needs of investors. Red and green represent prohibition and smoothness in traditional traffic lights. Therefore, using red and green to represent the ups and downs in the fund market is also in line with the rules of traditional traffic lights.