Hey All,
AIM calculation for cost value. I use now a new(for me) calculation to get the cost value of my equity in an AIM machine, and i thought maybe interesting to share. I get the same value in this way as when I calculate the average cost value by doing a calculation whenever there is a change.
1- Take the amount invested in the machine, both equity and cash.
2- Deduct current cash
3- Divide by number of shares to get average cost value.
Hypothetical Example:
1 - Equity $5000 + Cash $5000 =$10000, (for example 500 shares for $10/share)
2 - Current cash = $1000
3 - Current numbers of shares = 1000 (hypothetical number)
Then: ((5000+5000)-1000)/1000 = $9 = average cost per share.
Very straightforward, but I only 'saw' this during the weekend and i use it now in my spreadsheets.
Kind Regards, K
