Total Weights: If your weights are percentages, ensure they add up to 100% (1.0) to avoid mathematical errors. Frequently Asked Questions
Investment PortfoliosIf you own 10 shares of Stock A at $100 and 90 shares of Stock B at $50, your "average" price isn't $75. Because you own more of Stock B, the weighted average price of your portfolio is actually $55.
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Can I calculate a weighted average with criteria (Weighted Average IF)?Yes, you can combine SUMPRODUCT with the SUMIFS function to calculate a weighted average for specific categories within a large data table.
The syntax is:=SUMPRODUCT(Values_Range, Weights_Range) / SUM(Weights_Range) Total Weights: If your weights are percentages, ensure
Handle empty cells: The SUMPRODUCT function ignores text but treats empty cells as zero, which can skew your average.
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Mastering the Weighted Average in Excel: Comprehensive Guide and Template Download