Average Cost Calculation for Buying and Selling US/HK Stocks
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This is an explanation of the average cost displayed in Mplus Global for buying and selling US or HK stocks.
Average cost is the mean price calculated by dividing the total capital invested by the total number of stock units owned. It helps investors evaluate their investment performance more accurately.
Mplus Global automatically calculates your average cost based on each purchase transaction made. This display can be viewed in the portfolio section of your Mplus Global application account.
Yes, currency conversion charges and other transaction fees are factored into the average cost calculation. This means your actual cost may be slightly higher than the share purchase price alone.
Yes, you can lower your average cost by purchasing more units of the stock at a lower price. This strategy is known as averaging down and is commonly used by long-term investors.
Understanding average cost calculation is an important step towards becoming a smarter investor in the international market.
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