The net asset value (NAV) of a stock is not applicable, as it is specific to investment companies such as mutual funds and unit investment trusts (UITs). NAV is calculated by dividing the total value of a fund's assets by the number of shares outstanding, which results in a price per share. However, for stocks, the price is determined by market forces and supply and demand, and it can change throughout the day based on investor reactions to news and events12.