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Does excel really lack this function?

  1. #1
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    Does excel really lack this function?

    I canīt believe that I canīt Google the answer to this simple problem:

    Below are 7 dates with index prices (SP500)

    Jan 05, 2006 1273.48 0.00%
    Jan 06, 2006 1285.45 0.94%
    Jan 09, 2006 1290.15 0.37%
    Jan 10, 2006 1289.69 -0.04%
    Jan 11, 2006 1294.18 0.35%
    Jan 12, 2006 1286.06 -0.63%
    Jan 13, 2006 1287.61 0.12%


    What I need to calculate is the average return for these seven dates in percentages.

    I obviously am working on historical data of several decades, but I need to find the historical growth rate of a certain period, and to make it simple I chose one week.

    Could someone please show me how to calculate the average return for the first 3 dates. It would need to work so that once I copy the formula down to lower cells, it will always calculate the average of the 3 previous days.

    So on Jan 9th we get average return for Jan 5th 6th and 9th, and on Jan 10th we get average return for Jan 6th 9th and 10th and so on.

    I need to calculate average historical returns over a ten week period of time for the last 3 decades for any given date.

    Hope someone smarter can help.

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    Forum Guru MarvinP's Avatar
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    Re: Does excel really lack this function?

    Hi,

    See if the attached helps answer your answer. Using relative addressing and the last 3 numbers might be what you seek.
    Attached Files Attached Files
    One test is worth a thousand opinions.
    Click the * Add Reputation below to say thanks.

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    Re: Does excel really lack this function?

    Hi, thanks for the quick reply.
    The answer seems to be 1,00314 which cant be correct. Converting this to percentages means 0,003% but when you look at the numbers, start date 1273,46$ to 1285,45$ i doesn't add up. Difference is about 12$ and 1% of 1273,46$ is 12.73$. So the correct answer should be around 1%...

    Any ideas?

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    Re: Does excel really lack this function?

    Check your other thread for the answer.

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    Re: Does excel really lack this function?

    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution.

    Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.

    To change a Title go to your first post, click EDIT then Go Advanced and change your title, if 2 days have passed ask a moderator to do it for you.

    (This thread should receive no further responses until this moderation request is fulfilled, as per Forum Rule 7)
    Ben Van Johnson

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