Charles Day wrote: > On Mon, Jul 7, 2008 at 12:23 PM, Christian Stimming <[EMAIL PROTECTED] > <mailto:[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.
Now that r17292 enables me to test things, the "Average Cost" on the balance sheet does what I think it should, except when a position is closed out (as in Derek's initial example above). With no current holdings in a stock, I get blanks for that stock and for the Total Assets, Liabilities, etc., just $ signs. If I unselect "Compute Unrealized Gains...", then the Liabilities and Equity section print properly, but the Assets total remains blank. Looks like a total somewhere is being skipped if there's a funny entry. I'll see what I can find. > > 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
