Posted: 11/6/2009 3:23:17 AM EDT
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Ok If I buy a certain stock, 3-4 times at different prices, how do I figure an average price for what I have purchased? This seems like it should be easy, but the more I think about it, the more complex it seems. anyone have a formula? Maybe it's because its 1530 here and I just got up. I might be kinda groggy.
Aviator |
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Quoted: Ok If I buy a certain stock, 3-4 times at different prices, how do I figure an average price for what I have purchased? This seems like it should be easy, but the more I think about it, the more complex it seems. anyone have a formula? Maybe it's because its 1530 here and I just got up. I might be kinda groggy. Aviator Sum the prices paid, divide by number of stocks. |
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Quoted:
Add the prices up. Then divide by 3 or 4. Ex: Stock #1 = $15.35, Stock #2 = $13.45, Stock #3 = $14.67 Total Price = $43.47 $43.47 divided by 3 = Average Price of $14.49 Thanks, but I did not explain myself good enough. I purchased the saem stock at various prices, but also varied amounts of the stock each purchase. The formula in the first reply will work good. I was just over thinking it. Aviator |