My Two Calculators Don't Match

jdpro

Board Regular
Joined
May 1, 2016
Messages
88
Office Version
  1. 365
Platform
  1. MacOS
Hello! 🖐️ :)

I have two simple calculators.
The first calculates a stop price based on a risk amount entered as per the following example:
a1) Qty 40
a2) Price $31.40
a3) Position Cost (calculated [a1*a2]) $1256.00
a4) Risk Amount $93.46👈
a5) Stop Price (Calculated [(a3-a4)/a1]) $29.06

The next one calculates a risk amount based on a stop price entered.
b1) Qty 40
b2) Price $31.40
b3) Position Cost (calculated [a1*a2]) $1256.00
b4) Risk Amount (calculated [(b2-b5)*b1]) $93.60👈
b5) Stop Price $29.06

Why does the risk amount in calculator B not equal that in calculator A when I entered the same stop price? Maybe there's something wrong with my math (highly likely!) or perhaps there's a better way to calculate these values.

Thank you very much and sorry I don't have the xl2bb functionality because it would have made things much easier!
 

Excel Facts

Save Often
If you start asking yourself if now is a good time to save your Excel workbook, the answer is Yes
Why does the risk amount in calculator B not equal that in calculator A when I entered the same stop price?
Because you didn't enter the same Stop Price. The Stop Price in the first example is actually 29.0635
Try entering that in b5
 
Upvote 1
Solution

Forum statistics

Threads
1,224,823
Messages
6,181,181
Members
453,022
Latest member
Mohamed Magdi Tawfiq Emam

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top