Average Buy Price

Managing trading & investments
1

Is there a feature that allows me to work out/see what my average buy price is for an individual share? So that if I buy 10 different parcels of the same share at 10 different prices, what my average buy price is? Either with or without the brokerage?

1 Like
2

You can find this on the individual holding page for the stock under Holding Information as the cost base per share :+1:

3

Hello Jack,
I am a little confused so bear with me…
In the holding information section one of my stocks that I have bought and sold portions off over the last couple of years and have ended up with 2,500 share’s with total cost invested of $11,583.50 and the returns from selling = $11,447.70, both amounts include brokage where applicable.
Using my basic math the 2,500 shares cost me $135.80 div by 2,500 = $0.0543 per/share.

In the Holding information section today the stock is $0.905 per/share…current value = $2,262.50 current quantity = 2,500 cost base per/share =$1.007 with a total cost/base of $2,516.49
Sorry about the length of my question, but am I looking at this correctly?

Kind regards William Howell

4

Do you have multiple buys or any dividends that may have changed the cost base?

5

Hello Jack,
There are no dividends for AXE Archer Materials or multiple buys.
Cheers William

6

Hello Again Jack,
In my last reply I stated there were no multiple buys…just to be clear what are Multiple buys.

Cheers
William

7

So by this I mean did you buy all your units at once, or have you been buying in different instances?

8

hello Jack,
I have been buying and selling AXE from 15.01.2020 to 29.09.2021

Cheers William

9

Hi, I think I know where you’re going wrong. The way you’re calculating the cost basis is not correct. Taking a simple example:

Buy 100 shares @ £1.00 each
Later sell 50 of those shares @ £2.00 each.

Using your calculations cost = £100 and returns from sales = £100 therefore the cost basis is £0.

However the actual cost basis would be the cost of the 50 remaining shares - so 50 @ £1.00 = £50.

Obviously it’ll be more complex when shares are purchased and sold over time, but that’s the basic principle.

Hope this helps.

Thanks

Chris