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What would be the correct way to get a weighted average of three or four
tickers, with the weightings unequal?
WtAvg = Wt1 * Price1 + Wt2 * Price2 + Wt3 * Price3. ??????
I am asking because I thought I remember seeing here or on another list that
doing what I wrote above will give an incorrect result. But I do not
remember what alternative was suggested.
Any help?
Thanks,
Ken
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