Index Using Threshold Value

C

chaz

This problem involves time-ordered stock market data.
I need to look up the first value in a column that crosses a threshold
value and return the corresponding value from the same row in a
different column.

Example:
Column A has the date
Column B has daily % gain values
Column C has corresponding total dollar values

A B C
0.3%
5/6 1.2% $20,000
5/7 0.5% $20,100
5/8 1.0% $20,301

I want to use the value in A1 (0.3%) and find the first value in column
B that exceeds it (B2 , 1.2%) and return the corresponding value from
column C (C3, $20,000).

From reading this forum it appears to me that the INDEX function
coupled with perhaps the MATCH function should be able to do this. I
just can't seem to get there.

Please advise.
Regards,
Chaz
(e-mail address removed)
 
B

Biff

Hi!

Try this:

Enter this formula as an array using the key combo of CTRL,SHIFT,ENTER:

=INDEX(C2:C4,MATCH(TRUE,B2:B4>A1,0))

Biff
 

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