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Anonymous's avatar
Anonymous
Not applicable
8 years ago
Solved

Annual Returns

I am trying to calculate a fund's yearly performance based on monthly returns. In excel we calculate the yearly performance with the formula B12/B2-1 which gives us the total performance for 2015 of ...
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  • Zubair_Muhammad's avatar
    Zubair_Muhammad
    8 years ago

    Hi Anonymous

     

    HOw abou this one?

     

    YTD_Zubair =
VAR Previous_YEAR_Closing =
    CALCULATE (
        MAX ( EMCD[Date] ),
        EMCD[Date] < EARLIER ( EMCD[Date] )
            && YEAR ( EMCD[Date] )
                = YEAR ( EARLIER ( EMCD[Date] ) ) - 1
    )
RETURN
    DIVIDE (
        EMCD[Absalon EM Corporate Debt SICAV NAV],
        CALCULATE (
            SUM ( EMCD[Absalon EM Corporate Debt SICAV NAV] ),
            EMCD[Date] = Previous_YEAR_Closing
        )
    )
        - 1
Anonymous's avatar
Anonymous
Not applicable
8 years ago

Hi Zubair, 

 

Thanks so much for all your help, that worked just as I hoped. I now need to understand exactly how you have done it. The path to learning Dax is full of ups and downs! 

 

Many thanks again. 

Ashish_Mathur's avatar
Ashish_Mathur
Super User
8 years ago

Hi Anonymous,

 

Here's another solution

 

Monthly NAV opening

 

= if(ISBLANK(LASTNONBLANK(EMCD[Date],Sum(EMCD[Absalon EM Corporate Debt SICAV NAV]))),BLANK(),if(HASONEVALUE(DimDate[MonthsofYr]),Sum(EMCD[Absalon EM Corporate Debt SICAV NAV]),CALCULATE(Sum(EMCD[Absalon EM Corporate Debt SICAV NAV]),DATESBETWEEN(DimDate[Date],FIRSTNONBLANK(EMCD[Date],Sum(EMCD[Absalon EM Corporate Debt SICAV NAV])),EOMONTH(FIRSTNONBLANK(EMCD[Date],Sum(EMCD[Absalon EM Corporate Debt SICAV NAV])),0)))))

Monthly NAV closing

 

=if(ISBLANK(LASTNONBLANK(EMCD[Date],Sum(EMCD[Absalon EM Corporate Debt SICAV NAV]))),BLANK(),if(HASONEVALUE(DimDate[MonthsofYr]),Sum(EMCD[Absalon EM Corporate Debt SICAV NAV]),CALCULATE(Sum(EMCD[Absalon EM Corporate Debt SICAV NAV]),DATESBETWEEN(DimDate[Date],EOMONTH(LASTNONBLANK(EMCD[Date],Sum(EMCD[Absalon EM Corporate Debt SICAV NAV])),-1)+1,LASTNONBLANK(EMCD[Date],Sum(EMCD[Absalon EM Corporate Debt SICAV NAV]))))))

MonthlyRtn

 

= if(HASONEVALUE(DimDate[MonthsofYr]),IF(COUNTROWS(EMCD)>0,
DIVIDE([MonthlyNAV opening],[PriorMonthNAV],BLANK())-1),if(ISBLANK([MonthlyNAV opening]),BLANK(),[MonthlyNAV closing]/[MonthlyNAV opening]-1))

  • Anonymous's avatar
    Anonymous
    Not applicable
    8 years ago

    Hi Ashish, 

     

    Thanks. From the monthly NAV figure I am looking to calculate the cumulative yearly return which in 2015 would be 9613 /10000 -1. The calculation sadly doesn't match the correct answer I'm looking for. The Yearly figures in 2015 should be -3.86%, 2016 16.41%, YTD 2017 6.78% see attached spreadsheet which shows the calculation in excel https://1drv.ms/x/s!AiRs1BCuVWhM6FxhfrjpXpf5kU-H Also I should highlight that I am using a seperate date file and am not relying on the date in the EMCD model. 

     

     

     

  • Ashish_Mathur's avatar
    Ashish_Mathur
    Super User
    8 years ago

    Hi,

     

    You may refer to my solution in this workbook.

     

    Hope this helps.