Stock Average Calculator
The Stock Average Calculator helps investors calculate the new average purchase price when buying the same stock at different prices.
This tool is useful when investors average down their stock investments during market corrections.
The calculator determines the new average cost per share after multiple purchases.
Calculation Example
First Purchase
Price = ₹100
Quantity = 10
Second Purchase
Price = ₹80
Quantity = 10
New average price = ₹90 per share
This helps investors understand the price at which their investment will break even.