What is market value in SAP CRM-IFS - Financial Services?

SAP Term: market value

• Component: CRM-IFS

• Component Name: Financial Services

• Description: The estimated price that a property would fetch in the open market conditions at a particular point in time. This value is derived based on usual way of business, actual property features such as type of usage and location and such other influencing factors. Any unusual or personal circumstances are not taken into consideration. This is in line with § 194 of the German Building Regulations.

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• Key Concepts: 
  Market value is a term used in the CRM-IFS Financial Services component of SAP to refer to the current value of a financial asset or liability. It is calculated based on the current market price of the asset or liability, and is used to determine the value of a portfolio or account. 
  
  How to use it: 
  Market value can be used to measure the performance of a portfolio or account over time. It can also be used to compare the performance of different portfolios or accounts. Additionally, it can be used to assess the risk associated with a particular portfolio or account. 
  
  Tips & Tricks: 
  When calculating market value, it is important to take into account any fees or commissions associated with the asset or liability. Additionally, it is important to consider any changes in market conditions that may affect the value of the asset or liability. 
  
  Related Information: 
  Market value is closely related to other financial terms such as fair value, book value, and intrinsic value. It is also related to concepts such as risk management and portfolio management.