Reverse DCA calculation

Discussion in 'Algebra' started by Flinka, Mar 24, 2022.

  1. Flinka


    Mar 24, 2022
    Likes Received:
    I cannot wrap my head around the formula to use for a dollar cost average calculation. Normal calculations are

    Average price per share = total sum invested / total shares

    in the scenario I'm looking at someone has bought for 150$ shares against the rate of 2$ each.
    The current rate per share is 0.37$ and he wants to bring down his average price per share down to 0.4$

    The way I was writing out the formula was:

    0.4 = (150+x)/( 300+y)

    First of all is this a correct understanding and secondly how to find values for X and Y?
    Flinka, Mar 24, 2022
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