Cumulative Translation Adjustment (Historical) Formula in Excel
Understanding Cumulative Translation Adjustment (Historical)
The Cumulative Translation Adjustment (Historical) formula in Excel provides a snapshot of how currency exchange rate fluctuations have impacted a company’s financials over a specified historical period. By summarizing gains and losses resulting from currency translation, it helps analysts, investors, and finance professionals:
- Identify the effects of exchange rate fluctuations over time.
- Evaluate long-term foreign-currency-related gains or losses.
- Compare the company’s currency exposures across different fiscal periods.
? Pro Tip: Use this formula to quickly contrast currency exchange impacts across multiple years or quarters.
Syntax and Parameters
Use the following syntax in an Excel cell to calculate the cumulative translation adjustment for a given security ticker or symbol:
=hf_Cumulative_Translation_Adjustment(Symbol, year, [quarter], [TTM])| Parameter | Description | Required | Example |
|---|---|---|---|
| Symbol | The security, index, option, or crypto symbol. Accepts direct strings or cell references. For instance: "MSFT", "^SPX", "@MSFT 110122C00020000", or "BTCUSD:DEFAULT". | Yes | "MSFT" |
| year | The year to retrieve the data for. Supports special inputs like "ly", "lq", "lt" for last year, last quarter, and last 12 months. Also accepts cell references, direct dates (e.g., "2024-03-15"), or date functions (e.g., TEXT(A1,"yyyy-mm-dd")). | Yes | "2022" |
| quarter | The quarter number. It can be 1, 2, 3, or 4. If omitted, defaults to 1. | No | 2 |
| TTM | If set to "TTM", retrieves trailing twelve months data. If blank, returns the specific period data. | No | "TTM" |
?? Note: This function returns a numeric value if data is available. If the symbol or license is invalid, it returns "NA".
Examples and Usage
Below are some typical use cases of the hf_Cumulative_Translation_Adjustment function in Excel.
-
Retrieve the Cumulative Translation Adjustment for a stock symbol in a specific year:
=hf_Cumulative_Translation_Adjustment("MSFT", "2022") -
Specify quarter for more granular data:
=hf_Cumulative_Translation_Adjustment("MSFT", "2022", 2) -
Retrieve trailing twelve months (TTM) data:
=hf_Cumulative_Translation_Adjustment("MSFT", "2022", 3, "TTM") -
Use cell references for symbol and year:
=hf_Cumulative_Translation_Adjustment(A1, A2)Where A1 might contain "BTCUSD:DEFAULT" and A2 might contain "2023".
-
Directly reference a date:
=hf_Cumulative_Translation_Adjustment("MSFT", "2024-03-15") -
Combine with Excel’s date functions:
=hf_Cumulative_Translation_Adjustment(TEXT(A3,"yyyy-mm-dd"), "lq")Where A3 is a cell containing an Excel date value.
? Pro Tip: Use "ly-1" or "lq-1" to go further back in time by one additional year or quarter.
Common Questions
- What if the formula returns “NA”?
- Ensure you have a valid MarketXLS subscription. Also, check that your symbol and parameters (year, quarter) are entered correctly.
- How do I handle TTM calculations effectively?
- Specify "TTM" in the fourth parameter to fetch trailing twelve months data. This aggregates the last four quarters of data.
- Can I reference cells for all parameters?
- Yes, you can use cell references for each parameter, including symbol, year, quarter, and TTM inputs.
- Are there any performance considerations?
- This function makes real-time or cached data calls. Having multiple such functions on one worksheet may affect calculation speed. Consider using fewer calls or summarizing results in a single sheet.
?? Note: If you encounter slow performance, try scheduling recalculations or reducing the number of simultaneous calls to MarketXLS servers.
Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS
Get started today