average up
When you already own something and its price goes up, you buy even more of it, which makes your average price paid go higher.
Meanings
In investing, to buy additional shares of an asset at a higher price than previously paid, raising the average cost per share.
"As the stock continued to climb, he averaged up, confident the upward trend would continue."
To raise an overall average figure by adding higher values to a set.
"Adding the bonus payments to the dataset will average up the mean salary significantly."
Specialist financial terminology, the opposite of 'average down'. Used by trend-following investors who add to winning positions. Common in trading communities and investment journalism. Less widely known than 'average down'. Primarily North American financial context.
Commonly used with
Forms
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