A computational device facilitates the willpower of the typical buy value of a particular inventory, contemplating a number of transactions executed at various costs by way of the Zerodha platform. As an illustration, if an investor buys 10 shares of an organization at 100 and later buys one other 10 shares at 120 by way of Zerodha, the device computes the typical value per share, factoring in each transactions.
This calculation is vital for buyers utilizing Zerodha because it aids in understanding the precise value foundation of their holdings. Correct value foundation info is important for revenue and loss calculation, tax reporting, and knowledgeable decision-making concerning future investments or divestments. Previous to the widespread availability of such instruments, buyers typically relied on handbook calculations, which had been vulnerable to error and time-consuming.
