Manage multi-order purchases, calculate weighted averages, and track real-time portfolio performance.
Averaging in the stock market involves buying more shares of a stock you already own as its price moves. Averaging Down (buying as the price falls) lowers your overall cost basis, potentially leading to higher profits when the market recovers. Conversely, Averaging Up involves buying more as the price rises, often used when momentum is strong.
Simple averages don't work in stock investing. If you buy 10 shares at ₹100 and 100 shares at ₹50, your average isn't ₹75. A Weighted Average considers the volume:
Avg Price = Total Cost / Total Quantity
Know exactly what price the stock needs to hit for you to start making a profit.
Understand your capital exposure and decide if you're over-leveraged in a single stock.
Planning your sell orders becomes easier when you have a clear picture of your entry costs.