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I have a data set of stock prices that have already been rounded to 2 decimal places (1234.56). I am now trying to round to a specific value which is different for each stock. Here are some examples:

Current Stock Price         Minimum Tick Increment       Desired Output
  123.45                            .50                      123.50
  155.03                            .10                      155.00
  138.24                            .50                      138.00
  129.94                            .10                      129.90
   ...                              ...                       ...

I'm not really sure how to do this but am open to suggestions.

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1 Answer

Probably,

round(a/b)*b

will do the work.

> a <- seq(.1,1,.13)
> b <- c(.1,.1,.1,.2,.3,.3,.7)
> data.frame(a, b, out = round(a/b)*b)
     a   b out
1 0.10 0.1 0.1
2 0.23 0.1 0.2
3 0.36 0.1 0.4
4 0.49 0.2 0.4
5 0.62 0.3 0.6
6 0.75 0.3 0.6
7 0.88 0.7 0.7

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