Share Average Calculator 2024: Maximize Your Investments
What is Share Average Calculator?
A stock average calculator is a tool that helps investors understand the average price of the shares they hold. It helps investors calculate the average cost of the same share even if they buy it repeatedly.
Features of Share Average Calculator
The feature of the Share Average Calculator is that you can calculate the average price of two shares with the help of this tool.
- Straightforward interface: The interface of the Share Average calculator is concise, which any investor can easily use.
- Currency options: This calculator can choose different currencies for calculation. After selecting the currency, the investor can easily calculate his currency.
- Calculate Total Amount: Through this calculator, you can calculate the total amount invested in both purchases.
- Total Quantity: The total number of shares purchased can be found very easily through this calculator.
- Average Price Calculation: In this calculator, after filling in the quantity and price of both purchases, the average cost can be easily calculated.
- Amount invested: This calculator also tells how much money is invested in each purchase.
- Online Available: You can easily use this calculator online anywhere.
- Clear Function: A clear button is also available. You can delete the data by clicking on clear button after the average calculation.
How to Calculate Share Average Price?
The formula of the Share Average is straightforward. First, to know the Stock Average, save the cost of the shares you buy in the name of Total Cost. After that, save the shares you buy as several Shares. First, to calculate the average stock price, you add how many shares you want to calculate the cost. Cost basis = (p1 × q1 + p2 × q2 + … + pi × qi) / n
n = q1 + q2 + … + qi — Total number of shares bought; q1 — Number of shares 1st bought; p1 — Shares purchase price 1st buy; q2 — Number of shares 2nd buy; p2 — Shares purchase price 2nd buy; qi — Number of shares last bought and pi — Shares purchase price last buy.
Advantages And Disadvantages of Share Average Calculator
Share Average Calculator has many advantages. From this, the user can calculate the average price of his share so that he can calculate how much money is being spent on each share in his share budget and the total number of shares. Using this tool saves time and reduces the chance of errors in data. Let’s talk about the disadvantages of the Share Average Calculator. The only disadvantage is that it is an online tool and can be used only with internet access. At the same time, it also increases the person’s dependency, which is not suitable for the human mind.
Frequently Asked Questions
- Is Share Average Calculator Safe? Yes, it is created by Trusted Website and HTTPS Secure Website, so use it properly without worry.
- Is Share Average Calculator easy to use? Share Average Calculator is very easy to use. You need the total number of shares to be entered, and then the share price has to be entered. Then, click on the option to calculate the average share price.
- For whom is Share Average Calculator beneficial? Share Average Calculator must be used by those who invest regularly and must invest a significant amount. However, all share market investors should learn to use this tool.
- How is per share calculated? The cost of each share of a stock or investment is called Per Share Calculation. To calculate this, the total amount invested in the purchase is divided by the total number of shares.
- How to calculate share profit? To calculate share profit, the following information should be included: Total Initial Investment, Determination of current value, Total Sales Cost (Selling price × Quantity), Calculate Profit or Loss.
- Is averaging good in trading? Averaging is a suitable method traders use to recover their losses and increase profits even more.