Stock Average Down Calculator
On the other side of the pandemic effect, there are more people engaging on stock trading and investing. Younger generations tend to trade cryptocurrencies, foreign exchange and other financial markets with the goal to earn money with it. However, when trading stocks, there are times when you may want to buy at the bottom to lower your average, use this Stock Average Down Calculator to quickly assess your decision.
How to Use The Stock Average Down Calculator
Most of the traders do not recommend averaging down, while investors may want to do it. Whichever it is, it is all up to you, this calculator simply helps you compute the stock average if you are planning on buying more stocks at the dip.
Now, this is not 100% accurate. Depending on your broker, you will have to pay fees and taxes. It will be carried over to the amount you have to pay that's why you may be dazzled when you bought stocks at 2.50 but the value reflected is somewhere at 2.51. It is because of the fees associated with each transaction.
Here's a step by step guide on how to use the Stock Average Down Calculator:
- 1. There are three primary columns on the calculator - Stock Shares, Price Per Share and Subtotal. Enter the number of shares you currently have and price per share on the corresponding columns. Make sure it is on the same row.
- 2. Then on the second row, enter the Stock Shares and Price Per Share of the stock you want to average down. You can add multiple rows by clicking the Add Row button in case you are planning to buy at certain prices.
- 3. Click the Calculate button to generate the subtotal, total amount, total shares and your average price.
You can delete a row by clicking on the red close button beside each row. You can change values as well on Stock Shares and Stock Price Per Share if you want to compute other Stock Average Down values.