How to Calculate the Shares Average for the Day
- 1). Gather data. You will need to know the total volume of shares and the closing price of the company stock. Obtain this from an investment research site such as Google Finance, Yahoo Finance and MSN Money.
- 2). Identify the trading range. This is the time period to calculate the average over. For this example assume the time period is one day.
- 3). Multiply each day's total volume of shares by the closing price of the stock. As an example, assume the total volume of shares is 1 million and the closing stock price is $10. The share average for the day is $10 million. Use the same calculation for at least 10 days to find a trend.
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