The weighted average cost at which you purchased shares of a stock, calculated by dividing total cost by total quantity. Used for P&L calculations in UseMoney.
Average Price
Related terms
The lowest price at which a seller is willing to sell a security. Also called the offer price. The difference between ask and bid price is the spread.
One-hundredth of a percentage point (0.01%). Used to describe small changes in interest rates, yields, or expense ratios. 100 basis points = 1%.
A measure of a stock's volatility relative to the overall market. Beta of 1 means the stock moves with the market; above 1 means more volatile; below 1 means less volatile.
The highest price a buyer is willing to pay for a security. Together with the ask price, it forms the bid-ask spread.
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in India typically charge flat fees (e.g., Rs 20 per order) or zero for delivery trades.
Compound Annual Growth Rate. The annualized rate of return that smooths out volatility, showing how an investment would have grown if it grew at a steady rate.