Here’s the formula for calculating the Average Price in Equity:
(Total Invested Amount / No Of Shares Bought)
Day | Qty | Buy Rate | Invested Value |
1st Trading Day | 50 | 100 | 5000 |
2nd Trading Day | 40 | 99 | 3960 |
3rd Trading Day | 25 | 90 | 2250 |
4th Trading Day | 115 | 97.48 | 11210 |
Total | 230 | 22420 |
Total Investment Amount: – 22420/230 = 97.48 Avg price per share.