Using Sumproduct Not providing same value as Manually Averaging

[rahulmr06]

Hi

I realise this is a very basic question and that the explanation/answer may be glaringly obvious but I'm still not able to get it.

Im trying to calculate the average share purchase price of a set of trades and I've tried doing this with 2 different methods that should give the same value but don't.

Method 1: Sumproduct function multiplying cost price with the amount purchased for all the trades divided by the total amount purchased
Method 2: Average of the Total amount purchased and the total shares purchased

Both give different values.

What am I missing

[Pepe Le Mokko]

Would it not be

=SUMPRODUCT(E6:E23,F6:F23)/E24

instead of =SUMPRODUCT(F6:F23,G6:G23)/G24

[rahulmr06]

There you go, glaringly obvious indeed. Haven't had my morning coffee I guess. Thanks Pepe !

[Pepe Le Mokko]

Based on your last post it seems that you are satisfied with the solution(s) you've received but you haven't marked your thread as SOLVED. If your problem has not been solved you can use Thread Tools (located above your first post) and choose "Mark this thread as unsolved".
Thanks.

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