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Calculates the average cost basis of stocks when shares have been purchased at multiple different prices. This utility allows users to input various purchase transactions, including the number of shares bought and the price paid for each batch. By processing these varied inputs, the tool determines a single weighted-average price per share, which is essential for accurately tracking investment performance. Investors who buy stocks over time at fluctuating market rates use this calculator to determine their true average entry point. This figure helps them assess potential gains or losses more accurately than simply using the initial purchase price. It provides clarity on the overall cost basis of a portfolio position, aiding in better financial decision-making and tax record keeping.
