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formula percentage problem
Hi everyone. This is my first post. I am a relatively new user of excel. I am able to devise simple formula {eg. =sum(A1+B1)] but I now have the need for something way outside my ability and I was hoping someone might be able to help. I am developing a spreadsheet to monitor share trading. I want one of the fields to represent the current imputed per annum percentage gain or loss of a trade. In other words I have bought but not yet sold the shares but I want to know what itheir p.a. percentage increase or decrease would be if I sold today at their current price. In simple terms here is an example of the problem I want a formula to solve: I buy a stock for $200 on Sept 1. On Oct1 it is worth $210. Obviously it has gone up by 5% over 30 days but what would its current per annum percentage rise be. The answere would be 5 divided by 30/365ths or aprox 60%. This is even getting complicated for my math but I have no idea how to express this problem as a formula - particularly when it comes to calculating the number of days. I assume that the computer clock/date can be used in the equation but I have no idea how. Even when I calculate the day/year fraction manually I have no idea how to write the formula to calculate the percentage. The only fields in the spreadsheet that I am hoping to use a Column A = Purchase date; B = purchase price; C = current price. (Hopefully the computer knows the current date). Can this be done?If so could anyone please please please give me the formula? -- thinkpic ------------------------------------------------------------------------ thinkpic's Profile: http://www.hightechtalks.com/m175 View this thread: http://www.hightechtalks.com/t2274784 |
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