Change From 52 Week Low Formula in Excel

The Change From 52 Week Low formula in Excel (with MarketXLS) helps you quickly identify how much a stock’s current or most recent closing price differs from its lowest trading price over the past 52 weeks. This function is especially useful for investors and analysts looking to track performance and spot potential buying or selling opportunities.

Understanding Change From 52 Week Low

• Purpose and use cases: Use this formula to monitor how far a stock (or other securities) has appreciated from its lowest trading price within the trailing 52 weeks.
• Key benefits:
  • Gain quick insights into current price movement relative to the 52-week low.
  • Compare multiple stocks’ performance from their own 52-week lows.
  • Make informed decisions about buy/sell strategies.
• When to use:
  • When evaluating undervalued or rebounding stocks.
  • For quick snapshots of market momentum relative to yearly lows.

Syntax and Parameters

Below is the syntax for the ChangeFrom52_weekLow function, which is accessible through MarketXLS:

=ChangeFrom52_weekLow(Symbol)

• Return Value:
  • Returns a numerical value indicating the difference between the latest close price and the lowest price observed over the past 52 weeks.
  • Returns "NA" if the symbol is invalid, if the license is not valid, or if an error occurs.

?? Note: The function uses MarketXLS’s data feed. Ensure that your MarketXLS license is valid; otherwise, the function will return "NA".

Examples and Usage

Below are practical examples illustrating different ways to use this function:

1. Regular Stock Symbol

   =ChangeFrom52_weekLow("MSFT")

   Returns the change for Microsoft Corporation from its 52-week low.

2. Index Symbol

   =ChangeFrom52_weekLow("^SPX")

   Returns the change for the S&P 500 Index from its 52-week low.

3. Option Symbol

   =ChangeFrom52_weekLow("@MSFT 110122C00020000")

   Provides the value for an option contract symbol if the data is available.

4. Crypto Symbol

   =ChangeFrom52_weekLow("BTCUSD:DEFAULT")

   Calculates how far Bitcoin (BTC) has risen from its 52-week low.

? Pro Tip: Combine ChangeFrom52_weekLow with other MarketXLS analytics functions to get a fuller picture of a stock’s performance and volatility trends.

Common Questions

1. What if the symbol is invalid?

   • The function returns "NA". Double-check your spelling and symbol format.

2. Does this function update automatically?

   • Yes. MarketXLS updates its data feeds regularly, and the function will refresh accordingly.

3. Can I use this for performance evaluation in a larger dataset?

   • Absolutely. However, be mindful of potential performance impacts when applying this function across hundreds or thousands of Excel cells.

4. How does MarketXLS handle historical data for the 52-week period?

   • MarketXLS retrieves historical price data and identifies the lowest price within the trailing 52 weeks before calculating the difference.

Use the Change From 52 Week Low formula to stay informed about how individual securities are performing relative to their yearly lows. Combine it with other MarketXLS functions to analyze trends and optimize your investment strategies.