Forum Discussion
Recursive calculation
Hi,
How can I do the following ?
First day - Column A = 100
2nd day and every day that follows, column A=yesterday's value of column A X column B.
Thanks !
Following from other replies, you basically need to calculate the cumulative product of your 'growth factors'.
Gerhard Brueckl's blog (link above) had a method using summing logarithms, then mentioned that you can now use PRODUCTX.
Here are two examples using PRODUCTX in a calculated column. You could adapt this to a measure if that makes sense as well.
8 Replies
- AnonymousNot applicable
Hi zivhimmel
The link
http://blog.gbrueckl.at/2015/04/recursive-calculations-powerpivot-dax/
may be helpful. Check it out. If it solves your issue please give KUDOS.
Cheers
CheenuSing
- zivhimmelResolver I
Thanks Anonymous, I've actually seen it before posting but couldn't extract exactly what I need from it,
I'll give it another try.
- v-qiuyu-msftCommunity Support
Hi zivhimmel,
Would you please share some sample data and desired results so that we can try to test it?
Best Regards,
Qiuyun Yu- zivhimmelResolver I
Thanks v-qiuyu-msft.
Basically what I am trying to do is like compund interest.
Imagine you have a 100 dollars. Each day you get 1% on your 100 so in day 2 you have 101, In day 3 you have 102.01, In day 4 you have 103.0301 etc.
Now, let's change it a bit - 1% a day is not fixed. It can change. On one day it's 1%, the next day it's zero, the next day it's 2%.
You need to be able to calculate your return over time. After 3 or 300 or 4562 days, for any given date range.
Example of dataset :
date,interest
11/1/2016, 0.01
11/2/2016, 0.01
11/3/2016, 0.005
11/4/2016, 0
11/5/2016, 0.02
So, based on the above dataset, if I want to calculate the return for the entire period, it would be like that :
100*(1+0.01)*(1+0.01)*(1+0.005)*(1+0)*(1+0.02)
If I want to calculate the return in the date ramge 2/11-4/11 :
100*(1+0.01)*(1+0.005)*(1+0)
I hope it makes sense.
Please let me know if you need additional information.
Any help is much appreciated. Thanks !
- OwenAugerSuper User
Following from other replies, you basically need to calculate the cumulative product of your 'growth factors'.
Gerhard Brueckl's blog (link above) had a method using summing logarithms, then mentioned that you can now use PRODUCTX.
Here are two examples using PRODUCTX in a calculated column. You could adapt this to a measure if that makes sense as well.