ToolNest

Average Down Calculator

Averaging down is the trade almost everyone makes and almost nobody prices honestly. The weighted average is easy; the part that gets forgotten is the fee loaded onto every buy order, which quietly lifts the break-even above the average you see in your head. This calculator weights every lot into one cost figure, adds the fees to show the all-in break-even per share, marks the position to today's price for unrealized P/L, and lists the exact prices required to clear average cost at +5%, +10%, +20% and +50%. It is arithmetic, not a signal: the calculator tells you where you stand, not whether averaging down is wise in your situation.

The short answer

Buying 100 shares at $10 and 200 at $8 puts your average cost at $8.67 — 300 shares for $2,600. Fees move the all-in break-even to $8.67 per share. The calculator also lists the prices required for +5%, +10%, +20% and +50% gains on total cost.

Unrealized P/L

$98.00

3.77% on total cost.

Average cost (shares only)
$8.67
Average cost incl. fees
$8.67

300 shares, $2,602.00 all-in.

Market value now
$2,700.00

At $9.00 per share.

Price for +5%
$9.11

Needed to clear average cost incl. fees at this gain.

Price for +10%
$9.54

Needed to clear average cost incl. fees at this gain.

Price for +20%
$10.41

Needed to clear average cost incl. fees at this gain.

Price for +50%
$13.01

Needed to clear average cost incl. fees at this gain.

How to use Average Down Calculator

  1. 1

    Enter each buy

    Price and shares per lot. Use the price actually filled, not the order you wanted — slippage changes the average.

  2. 2

    Add the fee per buy order

    A flat commission per trade. Two orders at $1 each means $2 of fees the headline average ignores.

  3. 3

    Enter the current price

    The calculator marks the position to market and lists the prices required for each target gain on total cost.

Why use this tool

  • Weighted average across any mix of buy lots, not just two equal ones
  • All-in break-even per share with per-order fees included
  • Unrealized P/L in dollars and percent at the current price
  • Target-price table: what the stock must reach for +5% to +50% on cost
  • Runs entirely in your browser — lot prices never leave the page

Frequently asked questions

How do I calculate my average stock price after multiple buys?
Multiply each lot's price by its shares, sum those amounts, and divide by total shares: 100 shares at $10 plus 200 at $8 is $2,600 across 300 shares, or $8.67 average. Fees belong in the cost, not the price — the all-in figure is $8.67 per share with $1 fees per order.
Does averaging down lower my break-even?
It lowers your average cost, and the break-even is that average plus fees. Whether lowering it is wise depends on why the price fell — the arithmetic is indifferent to the story. Decide the thesis first; this calculator only prices the position you already decided to hold.
What price do I need to break even after fees?
Total cost including fees divided by total shares. With $2,602 all-in across 300 shares, break-even is $8.67 — a penny above the fee-free average, and more if you also pay an exit commission.
Is this financial advice?
No. This is arithmetic on numbers you enter, for general information. Whether to add to a losing position depends on your thesis, tax situation and risk tolerance — consult a licensed advisor for advice.

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