How to Use Average Price Calculator 📉
Averaging Down is a strategy of buying more shares at a lower price to lower your overall average cost per share.
- 1. Enter your Current Quantity and Current Avg Price.
- 2. Input the New Buy Price and Quantity you plan to purchase.
- 3. Check the New Average Price. Is it low enough for your target?
Formula: (Old Invested + New Invested) / Total Qty