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zivhimmel's avatar
zivhimmel
Resolver I
9 years ago
Solved

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 !

 

 

  • zivhimmel

     

    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

    • zivhimmel's avatar
      zivhimmel
      Resolver 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-msft's avatar
    v-qiuyu-msft
    Community 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

    • zivhimmel's avatar
      zivhimmel
      Resolver 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 !

       

      • OwenAuger's avatar
        OwenAuger
        Super User

        zivhimmel

         

        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.