Difference between revisions of "Manuals/calci/YEARFRAC"

From ZCubes Wiki
Jump to navigation Jump to search
(Created page with "<div id="6SpaceContent" class="zcontent" align="left"> '''YEARFRAC'''(SomeFrom, SomeTo, SomeBasis) where, '''SomeFrom''' - is a date that represents the start date. ...")
 
 
(7 intermediate revisions by 3 users not shown)
Line 1: Line 1:
−
<div id="6SpaceContent" class="zcontent" align="left">
+
<div style="font-size:30px">'''YEARFRAC (From,To,Basis)'''</div><br/>
  
−
'''YEARFRAC'''(SomeFrom, SomeTo, SomeBasis)
+
where
 +
*<math>From</math> represents a start date,
 +
*<math>To</math> represents an end date, and
 +
*<math>Basis</math> is the type of day count basis to use.
 +
**YEARFRAC() calculates the fraction of the year depending on the number of days between start date and end date.
  
−
where,
+
== Description ==
  
−
'''SomeFrom''' - is a date that represents the start date.
+
YEARFRAC(From,To,Basis)
  
−
'''SomeTo''' - is a date that represents the end date.
+
*YEARFRAC() returns the fractional proportion of the year from specified start and end dates.
 +
*<math>From</math> and <math>To</math> dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
 +
*<math>From</math> date should be &lt; <math>To</math>, else Calci displays NaN error message.
 +
*<math>Basis</math> value is optional. If omitted, Calci assumes it to be 0.
 +
*We can use the DD/MM/YYYY format also. For Example:"14/5/2005[DD/MM/YYYY]".
 +
Below table shows the use of <math>Basis</math> values:
  
−
'''SomeBasis''' - is the type of day count
+
{| class="wikitable"
 +
|-
 +
! Basis !! Description
 +
|-
 +
| 0 || US (NASD) 30/360
 +
|-
 +
| 1 || Actual/actual
 +
|-
 +
| 2 || Actual/360
 +
|-
 +
| 3 || Actual/365
 +
|-
 +
| 4 || European 30/360
 +
|}
  
−
Basis           Day count
+
*If <math>Basis</math> value is other than 0 to 4, Calci displays #N/A error message.
 +
*We can use range values also.For Example :YEARFRAC(DATE(2014,1,1),#4/1/2015-4/1/2020)
  
−
0                 US 30/360
+
== Examples ==
  
−
1                 Actual/actual
+
YEARFRAC (From,To,Basis) function with inputs in order is calculated as follows:
  
−
2                 Actual/360
+
<div id="2SpaceContent" class="zcontent" align="left">
  
−
3                 Actual/365
+
{| id="TABLE3" class="SpreadSheet blue"
 +
|- class="even"
 +
| class="sshl_f" | 1/4/2008
 +
| class="sshl_f" |
  
−
4                 European 30/360
+
|- class="odd"
 +
| class="sshl_f" | 10/10/2008
 +
| class="sshl_f" |
  
−
</div>
+
|- class="even"
−
----
+
| class="sshl_f" | 4
−
<div id="1SpaceContent" class="zcontent" align="left">
+
| class="sshl_f" |
  
−
Calci calculates the fraction of the year between startdate and enddate.
+
|}
−
 
 
−
</div>
 
−
----
 
−
<div id="7SpaceContent" class="zcontent" align="left">
 
−
 
 
−
All parameters are truncated to integers.
 
−
 
 
−
If SomeBasis &lt; 0 or SomeBasis &gt; 4, YEARFRAC
 
−
 
 
−
returns the #ERROR.
 
−
 
 
−
</div>
 
−
----
 
−
<div id="12SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="left">
 
  
−
YEARFRAC
+
=YEARFRAC(A1,A2,A3) : Calculates the fraction Value of the year with the inputs <br />in the range A1 to A3. Returns '''0.7666666666666667''' as a result.
 +
=YEARFRAC(DATE(2014,1,1),DATE(2014,4,1)) : Calculates the fraction Value of the year <br />within the dates mentioned. Returns '''0.25''' as a result.
 +
=YEARFRAC(DATE(2014,1,1),DATE(2015,4,1)) : Calculates the fraction Value of the year <br />within the dates mentioned. Returns '''1.25''' as a result.
 +
=YEARFRAC("1/1/2014[DD/MM/YYYY]","14/4/2015[DD/MM/YYYY]") = 1.2861111111111112
  
−
<font size="6"></font>
+
==Related Videos==
  
−
</div></div>
+
{{#ev:youtube|kKx9UXyCsO4|280|center|YEARFRAC}}
−
----
 
−
<div id="8SpaceContent" class="zcontent" align="left">
 
  
−
Lets see an example in (Column1, Row4)
+
== See Also ==
  
−
<nowiki>=YEARFRAC(R1C1,R2C2,R3C1)</nowiki>
+
*[[Manuals/calci/YEAR | YEAR]]
  
−
YEARFRAC returns 0.766667
+
== References ==
  
−
consider an another example
+
*[http://en.wikipedia.org/wiki/Date_format_by_country Date Formats]
 +
*[http://en.wikipedia.org/wiki/Calendar_year Calendar Year]
 +
*[http://en.wikipedia.org/wiki/Day_count_convention Basis Convention]
  
−
<nowiki>=YEARFRAC(DATE(2008,5,4),DATE(2008,6,4),-4)</nowiki>
 
  
−
YEARFRAC returns #ERROR.
 
  
−
</div>
 
−
----
 
−
<div id="10SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Syntax </div><div class="ZEditBox"><center></center></div></div>
 
−
----
 
−
<div id="4SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Remarks </div></div>
 
−
----
 
−
<div id="3SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Examples </div></div>
 
−
----
 
−
<div id="11SpaceContent" class="zcontent" align="left"><div class="ZEditBox" align="justify">Description </div></div>
 
−
----
 
−
<div id="2SpaceContent" class="zcontent" align="left">
 
  
−
{| id="TABLE3" class="SpreadSheet blue"
+
*[[Z_API_Functions | List of Main Z Functions]]
−
|- class="even"
 
−
| class=" " |
 
−
| Column1
 
−
| Column2
 
−
| Column3
 
−
| Column4
 
−
|- class="odd"
 
−
| class=" " | Row1
 
−
| class=" " | 1/4/2008
 
−
|
 
−
| class="sshl_f    SelectTD  SelectTD ChangeBGColor" |
 
−
|
 
−
|- class="even"
 
−
| class="  " | Row2
 
−
| class=" " | 10/10/2008
 
−
|
 
−
|
 
−
|
 
−
|- class="odd"
 
−
| Row3
 
−
| class="sshl_f " | 4
 
−
|
 
−
|
 
−
|
 
−
|- class="even"
 
−
| Row4
 
−
| class="sshl_f" | 0.766667
 
−
|
 
−
|
 
−
|
 
−
|- class="odd"
 
−
| class=" " | Row5
 
−
|
 
−
|
 
−
|
 
−
|
 
−
|- class="even"
 
−
| Row6
 
−
|
 
−
|
 
−
|
 
−
|
 
−
|}
 
  
−
<div align="left">[[Image:calci1.gif]]</div></div>
+
*[[ Z3 |  Z3 home ]]
−
----
 

Latest revision as of 15:22, 22 August 2018

YEARFRAC (From,To,Basis)


where

  • represents a start date,
  • represents an end date, and
  • is the type of day count basis to use.
    • YEARFRAC() calculates the fraction of the year depending on the number of days between start date and end date.

Description

YEARFRAC(From,To,Basis)

  • YEARFRAC() returns the fractional proportion of the year from specified start and end dates.
  • and dates should be entered either in 'date format' or 'dates returned using formulas'. If dates are not valid, Calci displays #N/A error message.
  • date should be < , else Calci displays NaN error message.
  • value is optional. If omitted, Calci assumes it to be 0.
  • We can use the DD/MM/YYYY format also. For Example:"14/5/2005[DD/MM/YYYY]".

Below table shows the use of values:

Basis Description
0 US (NASD) 30/360
1 Actual/actual
2 Actual/360
3 Actual/365
4 European 30/360
  • If value is other than 0 to 4, Calci displays #N/A error message.
  • We can use range values also.For Example :YEARFRAC(DATE(2014,1,1),#4/1/2015-4/1/2020)

Examples

YEARFRAC (From,To,Basis) function with inputs in order is calculated as follows:

1/4/2008
10/10/2008
4 
=YEARFRAC(A1,A2,A3) : Calculates the fraction Value of the year with the inputs 
in the range A1 to A3. Returns 0.7666666666666667 as a result.
=YEARFRAC(DATE(2014,1,1),DATE(2014,4,1)) : Calculates the fraction Value of the year 
within the dates mentioned. Returns 0.25 as a result.
=YEARFRAC(DATE(2014,1,1),DATE(2015,4,1)) : Calculates the fraction Value of the year 
within the dates mentioned. Returns 1.25 as a result.
=YEARFRAC("1/1/2014[DD/MM/YYYY]","14/4/2015[DD/MM/YYYY]") = 1.2861111111111112

Related Videos

YEARFRAC

See Also

References



Retrieved from "http://wiki.zcubes.com/index.php?title=Manuals/calci/YEARFRAC&oldid=211147"