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Arithmetic?

Questions on using, creating, or understanding data in Fund Manager reports.

Postby cbenenax » Tue Feb 05, 2019 10:09 am

ScreenHunter_240 Feb. 05 09.06.jpg
ScreenHunter_240 Feb. 05 09.06.jpg (20.14 KiB) Viewed 1521 times


What is with this calculation of the value of NMFC in my portfolio? According to my calculator, 14.04 * 4514.799010 = 63387.7781004, not 63365.20
cbenenax
 
Posts: 39
Joined: Mon Feb 21, 2011 6:11 pm

Postby Mark » Tue Feb 05, 2019 10:48 am

Hi cbenenax,

The "Price" may be rounded as displayed. Try turning up the Price digits to 6 under "Options / Report Preferences... / General / Price Decimals to Display".

63365.20 / 4514.79901 = 14.035

So, 14.035 displayed to only 2 decimals would display as 14.04.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
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Posts: 11252
Joined: Thu Oct 25, 2007 2:24 pm
Location: Chandler, AZ

Postby cbenenax » Tue Feb 05, 2019 11:03 am

ScreenHunter_240 Feb. 05 09.56.jpg
ScreenHunter_240 Feb. 05 09.56.jpg (21.37 KiB) Viewed 1517 times

Weird. There were no additional significant digits in the price, but now the value is correct. When I go back to 2 decimal places, the value remains correct.

It is possible that I updated the price after I first generated the report. Could it be that the value was not recalculated until I closed the report and later re-generated it?
cbenenax
 
Posts: 39
Joined: Mon Feb 21, 2011 6:11 pm

Postby Mark » Tue Feb 05, 2019 11:26 am

Hi cbenenax,

I'm not sure, but anytime you update the price or change any relevant data the report automatically updates.
Thanks,
Mark
Fund Manager - Portfolio Management Software
Mark
Site Admin
 
Posts: 11252
Joined: Thu Oct 25, 2007 2:24 pm
Location: Chandler, AZ


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