Formula to always reference the parent of a child row within a different column?

Hello,

I am trying using the parent/child relationship to group a set of data by month and am using the the formula to rank the children rows by their value:

=IFERROR(RANKEQ(Value@row, CHILDREN(Value$105), 0), "")

But I was wondering if there is a way to make this as a column formula? I would like it to always rank the value of the children but need to manually select the parent row.

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