Monday, 23 November 2020

How to Average Up, and find the Average cost on Robinhood for fractional shares

What Is Average Up? Average up refers to the process of buying additional shares of a stock you already own, but at a higher price. This raises the average price that the investor pays for all the shares. Why do we Average Up, In simple; winners keep winning. i will make a video about Why in the future. The Equation: Total Paid divided by Total Shares owned. ex: for $PNC Total Paid $41.08 Total Shares 0.337073 41.08/0.337073= $121.87. Watch on Youtube.

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