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  #1  
Old 07-04-2009, 05:37 AM
msrlg msrlg is offline
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Financial Analysis

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Hello fellow forum members,

I am comparing the returns of several fixed-income funds and since their inception (founding) dates differ, I have columns where some have over 300 values while others have a mere 30.

I need to do the following equation for every column (from A2:A300:
= (1+(A2/100))*(1+(A3/100))...etc...(1+(A299/100))*(1+(A300/100))

I tried to do the first 50 manually, but the forumula ended up being too long.
Would the fixed-income funds that were only recently established (i.e. only have values for A260:A300) screw up any equation because of blank fields?

Please see the excel file for the problems I am having (marked in orange)

Any help is greatly appreciated - just spent 2 hrs googling and it seems most people have problems with basics and not 'complex' equations such as the ones above.

Have a good weekend & thanks in advance!
msrlg
Attached Files
File Type: xlsx demo.xlsx (13.1 KB, 2 views)

Last edited by msrlg; 07-08-2009 at 02:03 AM.
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  #2  
Old 07-04-2009, 06:45 AM
tigertiger tigertiger is offline
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Re: Financial Analysis using excel

the first question, I think, you should use UDF in VBA

the second question, I do not understand clearly, you may use IF() function for BLANK condition
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  #3  
Old 07-04-2009, 06:48 AM
msrlg msrlg is offline
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Re: Financial Analysis using excel

Quote:
Originally Posted by tigertiger View Post
the first question, I think, you should use UDF in VBA

the second question, I do not understand clearly, you may use IF() function for BLANK condition
1 - Could you please elaborate on the UDF in VBA approach?

2 - The 'constant' refers to a value that remains constant e.g. 5, 7 or 11

With regards to the 'blank fields' - I mean that some columns begin at A230 or A250 while others begin at A2 - so ideally the formula would take that into account when e.g. averaging. (the AVG (A2:A300))
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  #4  
Old 07-04-2009, 12:19 PM
tigertiger tigertiger is offline
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Re: Financial Analysis using excel

Quote:
Originally Posted by msrlg View Post
I need to do the following equation for every column (from A2:A300:
= (1+(A2/100))*(1+(A3/100))...etc...(1+(A299/100))*(1+(A300/100))
try the following formula:

=PRODUCT(1+A2:A300/100)

press CTRL+SHIFT+ENTER after type this formula
(excel will add { } - this is an array-formular)

or an alternative (normal formula-- only press Enter)
=SUMPRODUCT(PRODUCT(1+A1:A300/100))

Last edited by tigertiger; 07-04-2009 at 12:30 PM.
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  #5  
Old 07-04-2009, 02:09 PM
tigertiger tigertiger is offline
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Re: Financial Analysis using excel

Quote:
Originally Posted by msrlg View Post
2 - The 'constant' refers to a value that remains constant e.g. 5, 7 or 11

With regards to the 'blank fields' - I mean that some columns begin at A230 or A250 while others begin at A2 - so ideally the formula would take that into account when e.g. averaging. (the AVG (A2:A300))
YOU should post a demo file that others can help you
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  #6  
Old 07-04-2009, 10:45 PM
tigertiger tigertiger is offline
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re: Financial Analysis

Plz, see the attached file that I solved it and left the detail explanation and also shortcomings (in Geometric Mean Return - try to see again your formula)

and post your ideas so that others can help to solve the shortcomming
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File Type: xlsx demo2.xlsx (17.3 KB, 9 views)
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  #7  
Old 07-06-2009, 10:42 PM
msrlg msrlg is offline
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Re: Financial Analysis

Thank you! Thank you!
You saved a part of my dissertation!
I hope your karma bank account is credited for this benevolent act!
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  #8  
Old 07-07-2009, 01:22 AM
tigertiger tigertiger is offline
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Re: Financial Analysis

If that takes care of your need, be sure to EDIT your original post, click Go Advanced and mark the PREFIX box [SOLVED].

thanks your appreciate !
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