The Average Price Calculator app provides an efficient solution for investors to manage their operations in the stock market. With the ability to calculate the average price of assets and cryptocurrencies, the app makes it easier for users to understand the actual value invested in their portfolios.

The average price represents the average of the acquisition values of assets on the stock market. It is the expression of the average value invested in an asset that is traded multiple times at different prices. Additionally, you can also use this app to calculate the average price of cryptocurrencies.

For example, if you acquire an asset for $6.00 and, the following month, decide to invest more in the same stock, now priced at $8.00, buying more units later for $7.50. In this case, the average price would be $6.44. There is a calculation to determine this value.

How to calculate the average price?

To calculate the average price of your asset, add up all the amounts paid and divide by the number of shares. For example, if you bought 1200 shares for $6.00, then acquired 1800 more for $5.20, and later bought another 500 for $8.00, the calculation would be as follows:

1200 * $6.00 = $7,200.00
1800 * $5.20 = $9,360.00
500 * $8.00 = $4,000.00

Total of 3500 shares for $20,560.00. Your average price is $5.87.

In this example, if the stock price is $8.00, you would be making a profit of $2.13 per share, totaling $7,455.00 in the overall amount.

Why is calculating the average price important?

Calculating the average price is crucial for evaluating your profit. This calculation plays a crucial role in managing your portfolio, allowing you to understand the actual value invested in an asset. Additionally, it's worth noting that the average price is used in the income tax declaration.

Don't waste any more time trying to calculate manually. Download the Average Price Calculator now and gain more productivity.