Hi I am trying to solve a allocation problem and need help understanding how to proceed.
Problem Definition:
I have a fund of USD 1000 (this fund will change as needed and will be a user input)
I also have 4 categories for stocks in my portfolio (a,b,c,d) where a>b>c>d respectively. I will be assigning a category to each stock as per my choice. Each category will represent a % of the stock price. Therefore the fund allocated to each stock will be dependent on the stock price since all stocks belonging to the same category will receive same % share but different value (%*stock price)
I have about 50 stocks
Now I want to allocate the fund fully to all the stocks.
I do not want to use macros. can this problem be solved using formulas. I can already solve it recurrsively but I want to build a model which can solve without me running a hit and trial for each change in input values.
Can anyone help?
Problem Definition:
I have a fund of USD 1000 (this fund will change as needed and will be a user input)
I also have 4 categories for stocks in my portfolio (a,b,c,d) where a>b>c>d respectively. I will be assigning a category to each stock as per my choice. Each category will represent a % of the stock price. Therefore the fund allocated to each stock will be dependent on the stock price since all stocks belonging to the same category will receive same % share but different value (%*stock price)
I have about 50 stocks
Now I want to allocate the fund fully to all the stocks.
I do not want to use macros. can this problem be solved using formulas. I can already solve it recurrsively but I want to build a model which can solve without me running a hit and trial for each change in input values.
Can anyone help?