Hi, first time user,
Can anyone help witH an excel formula that calculates the weighted average shares outstanding on a sequential daily basis? The issue I have is that the 'weighting' applied to the number of outstanding shares changes as each additional day is added to the time-series. For example, as of day1, shares are weighted 1.0, as of day 2, shares are weightEd 0.5 and 0.5 for Monday and Tuesday, and so on and so on.
Appreciate any genius you can offer!
Can anyone help witH an excel formula that calculates the weighted average shares outstanding on a sequential daily basis? The issue I have is that the 'weighting' applied to the number of outstanding shares changes as each additional day is added to the time-series. For example, as of day1, shares are weighted 1.0, as of day 2, shares are weightEd 0.5 and 0.5 for Monday and Tuesday, and so on and so on.
Appreciate any genius you can offer!