A Share Average Calculator is a financial tool used to calculate the average price of a stock or share over a period of time. It takes into account the total quantity of shares purchased, the price at which they were purchased, and the total amount invested. The calculator then provides the average price per share, which can be used to determine the overall performance of the investment.
Using a Share Average Calculator is a straightforward process. Here's a step-by-step guide:
A Share Average Calculator is an essential tool for investors who want to track the performance of their stock portfolio. Here are some reasons why:
Let's say you purchased 100 shares of a stock at₹50 per share, and then purchased another 200 shares at ₹60 per share. To calculate the average price per share, you would enter the following information into the Share Average Calculator:
The calculator would then display the average price per share, which in this case would be ₹56.67.
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