My Two Calculators Don't Match

jdpro

Board Regular
Joined
May 1, 2016
Messages
82
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

Links? Where??
If Excel says you have links but you can't find them, go to Formulas, Name Manager. Look for old links to dead workbooks & delete.
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

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