MarketXLS

Custom Beta Seven Days

Calculates the beta coefficient over the past 7 days.

Syntax

=CustomBetaSevenDays(Symbol, [symbol_Benchmark], [ReturnPeriod])
Excel Desktop (Windows)

Parameters

symbolstringRequired

Stock ticker symbol

benchmarkstring

Benchmark symbol (default: SPY)

Returns

number

Beta coefficient over 7 days

Examples

=CustomBetaSevenDays("AAPL")
vs SPY
=CustomBetaSevenDays("AAPL", "QQQ")
vs QQQ

When to Use

  • Very short-term beta analysis

When NOT to Use

Scenario Use Instead
Need longer period CustomBetaThirtyDays(), etc.

Excel Templates Using Custom Beta Seven Days

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

Related Formulas

More MarketXLS MarketXLS Analytics formulas you can use in the same worksheet:

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