MarketXLS

Beta

Returns the beta coefficient measuring stock volatility vs market.

Supported Symbols

Type Format Example
US Stocks SYMBOL AAPL, MSFT
ETFs SYMBOL SPY, QQQ

Syntax

=Beta(Symbol)
Excel Desktop (Windows)

Examples

=Beta("AAPL")
Apple
=Beta("MSFT")
Microsoft
=Beta("GOOGL")
Alphabet
=Beta(A1)
Cell reference

When to Use

  • Fundamental analysis
  • Company valuation
  • Financial screening

When NOT to Use

Scenario Use Instead
Need historical data Historical functions

Common Issues & FAQ

Why am I getting "NA"?

Check that the symbol is valid and the company has reported financials.

Excel Templates Using Beta

These ready-made MarketXLS templates call Beta() in their worksheet formulas. Open one to see the function working inside a complete model.

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MarketXLS Excel Add-in Tutorial - How to Use Beta and Other Financial Formulas
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