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CAGR based on daily data

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  1. #1
    Registered User
    Join Date
    10-16-2009
    Location
    Moscow
    MS-Off Ver
    Excel 365
    Posts
    39

    CAGR based on daily data

    Hello,

    I have encountered with a problem that I couldn't resolve.

    My goal is to calculate CAGR based on Daily data for the defined period.
    The formula for the CAGR is = (Ending equity/Starting Equity)^(1/number of years) -1.

    Because I calculate CAGR using daily data I assumed 250 days (work days) in a year and converted the days to years by changing formula to
    (Ending equity/Starting Equity)^(1/(number of days/250) -1.

    Here is the code
    =POWER(VLOOKUP(L4,B3:C45,2,FALSE)/VLOOKUP(L3,B3:C45,2,FALSE);1/(DAYS360(L3,L4)/250))-1
    (see attached file)

    The main problem is that Days360 calculate calendar days between dates, but I need to find the real dates between my Start and End period.

    Can somebody help me to find CAGR for the defined period.

    Thanks in advance.
    Attached Files Attached Files

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