• Last Traded Price: The price at which the last transaction was made.
• Total Volume: Total number of shares traded up until now.
• Trade Price: The current trade price at which the latest transaction occurred.
• Quantity: Number of units involved in the latest trade.

What is LTP and How is it Calculated?

LTP stands for Last Traded Price. It represents the price at which the most recent trade of a stock or asset took place in the market. LTP is important because it shows the most up-to-date price and reflects the most recent trading activity. Every time a trade happens, the LTP changes to match the latest trade.

To calculate LTP, one might think it’s just the price of the last trade, but there’s more to consider. The volume of trades and market conditions affect LTP.

To get a more accurate figure, a formula that accounts for both the price and volume of recent trades is used. This helps balance out fluctuations caused by single, small trades.

A common formula to calculate LTP is:

LTP= (Last Traded Price×Total Volume)+(Current Trade Price×Quantity)​ / Total Volume+Quantity

This weighted average method helps in adjusting the LTP based on all recent trades, ensuring that it reflects the actual market activity.

Why is Our LTP Calculator “WitSoft Free LTP Calculator” the Best?

The WitSoft Free LTP Calculator makes LTP calculation easy and accurate. Unlike simple calculators that only show the last trade price, our tool uses a weighted average formula to factor in both price and volume of trades. This gives you a more reliable result, especially in markets where trades happen quickly.

Here’s why our tool stands out:

Easy to Use: Just enter the last traded price, volume, trade price, and quantity. The tool does the rest for you.

Accurate Formula: We use the weighted average method to ensure the LTP reflects actual market conditions.

Tailored for Everyone: Whether you’re a beginner or an experienced trader, our tool is simple yet powerful.

Free to Use: WitSoft believes in offering the best tools without any cost.

In short, the WitSoft Free LTP Calculator is designed to give you quick and accurate results. It takes into account factors like volume and trade price to show you a more accurate LTP, making it the perfect tool for traders who want reliable information.