Online dollar cost average calculator, DCA calculator helps you to find the average cost.
Simply add the number of shares and the average Buying or the total cost. Add a minimum of two buying processes or many.
Then calculate the cost average.
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The Formula: dividing the sum of total cost by the number of the total shares.
Example: Last week Tony bought a cryptocurrency coin called ADA (Cardano), he bought 100 ADA with an average buy of 2$ so the total cost is 200$.
After a month, the cryptocurrency that he bought dropped to 1$. So Tony bought another 200 ADA at a cost of 200$ so he can reduce his average buying price.
What is the average buy of Tony?
Formula: Total Cost ÷ Total ADA = Average Buy
Total Cost = 200 + 200 = 400
Total ADA = 100 + 200 = 300
Average Buy = 400 ÷ 300 = 1.33