I just started learning Python so forgive me if this question has already been answered somewhere else. I want to create a new column called "Sum", which will simply be the previous columns added up.
Risk_Parity.tail()
VCIT VCLT PCY RWR IJR XLU EWL
Date
2017-01-31 21.704155 11.733716 9.588649 8.278629 5.061788 7.010918 7.951747
2017-02-28 19.839319 10.748690 9.582891 7.548530 5.066478 7.453951 7.950232
2017-03-31 19.986782 10.754507 9.593623 7.370828 5.024079 7.402774 7.654366
2017-04-30 18.897307 11.102380 10.021139 9.666693 5.901137 7.398604 11.284331
2017-05-31 63.962659 23.670240 46.018698 9.917160 15.234977 12.344524 20.405587
The table columns are a little off but all I need is (21.70 + 11.73...+7.95)
I can only get as far as creating the column Risk_Parity['sum'] = , but then I'm lost.
I'd rather not do have to do Risk_Parity['sum] = Risk_Parity['VCIT'] + Risk_Parity['VCLT']...
After creating the sum column, I want to divide each column by the sum column and make that into a new dataframe, which wouldn't include the sum column.
If anyone could help, I'd greatly appreciate it. Please try to dumb your answers down as much as possible lol.
Thanks!
Tom
Risk_Parity.sum(1)?