Date |
Closing Price of AAPL |
Weighting |

June 26 |
$22.73 |
5/15 |

June 25 |
$22.59 |
4/15 |

June 24 |
$22.57 |
3/15 |

June 23 |
$22.71 |
2/15 |

June 20 |
$22.73 |
1/15 |

The weighted average is calculated by multiplying the given price by its associated weighting and totaling the values. The formula for the WMA is as follows:

$begin{aligned} &text{WMA} = frac{ text{Price}_1 times n text{Price}_2 times ( n – 1 ) cdots text{ Price}_n }{ frac{ n times ( n 1 ) }{ 2} } \ &textbf{where:} \ &n = text{Time period} \ end{aligned}$