On Mon, Jul 7, 2008 at 12:23 PM, Christian Stimming <[EMAIL PROTECTED]> wrote:
> Am Montag, 7. Juli 2008 18:42 schrieb Charles Day: > > > So it's not a question of absolute values in bookkeeping. It's > > > a question of absolute values in computing share prices. Not > > > the same thing. > > > > I agree with Derek. That is, the "weighted average" price source is not > > intended to compute the cost of your holdings, but rather to compute the > > volume-weighted average price of all buys AND sells. So it needs to keep > > using the absolute value. However, it does need to be changed: it should > > ignore exchanges with a zero "amount" in the split. > > > > So I think we need to add a new price source of "Cost" which computes > > without absolute value and does include zero "amount" splits. > > Yes. The existing "weighted average" answers a different question that the > one > you are more interested in. > > > I do think a volume-weighted average price can be useful; it's just more > > appropriate for measuring your personal trading performance. Maybe there > > should be a performance report designed around that. > > Exactly, and it has been introduced precisely to measure personal trading > performance. I recall I basically used this in the "price scatterplot", > which > is probably only about what you said. For the cost of your current > holdings, > I agree this is probably wrong. Feel free to move the old one to a > different > name or rename the new and the old. Maybe the old "weighted average" should > even be available only in the price scatterplot and nowhere else. But > simply > replacing it is IMHO not the best way to go. > I've added the new price source which I have called "Average Cost" (for now, at least). Committed as r17266. For now I have not removed the "Weighted Average" price source from any reports. I will have a look at that later on. -Charles > Christian > _______________________________________________ gnucash-devel mailing list gnucash-devel@gnucash.org https://lists.gnucash.org/mailman/listinfo/gnucash-devel
