Drawdown Between Two Dates Formula in Excel
The Drawdown Between Two Dates formula in Excel with MarketXLS helps you analyze the peak-to-trough percentage drop in a stock, ETF, index, or crypto between two specific dates. By leveraging this function, you can assess market volatility, identify significant declines, and make more informed investment decisions.
Understanding Drawdown Between Two Dates
- Definition: Measures the peak-to-trough decline over a specified period, expressed as a percentage.
- Key benefits:
- Enables risk assessment and performance analysis.
- Helps identify periods of significant drawdown.
- Assists in strategic planning and decision-making.
- When to use:
- Evaluating market corrections or downturns.
- Monitoring investment performance during volatile periods.
- Comparing potential losses across different assets or investment strategies.
Syntax and Parameters
Use the DrawdownCustomDates
function in Excel to retrieve the drawdown percentage between two specified dates:
=DrawdownCustomDates(Symbol, StartDate, EndDate)
Parameter | Description | Required | Example |
---|---|---|---|
Symbol |
Ticker symbol of the stock, ETF, index, or crypto | Yes | "MSFT", "^SPX", "BTCUSD:DEFAULT" |
StartDate |
Starting date of the range (inclusive) | Yes | "2020-05-25" |
EndDate |
Ending date of the range (inclusive) | Yes | "2022-05-12" |
Return Value
- Returns a numerical value indicating the peak-to-trough drawdown percentage between the two dates.
- If the symbol is invalid, the license is not validated, or data is unavailable, the function returns
"NA"
.
?? Note: A valid MarketXLS subscription is required to use this function. If your subscription is invalid or expired, the function will return an error message.
Examples and Usage
Below are some practical examples for using the Drawdown Between Two Dates
formula:
-
Using a regular stock symbol with direct date inputs:
=DrawdownCustomDates("MSFT", "2020-05-25", "2022-05-12")
Returns the drawdown for Microsoft between May 25, 2020, and May 12, 2022.
-
Using a cell reference for the date:
=DrawdownCustomDates("MSFT", A1, B1)
Where cells A1 and B1 contain valid dates.
-
Using Excel date functions to format the dates:
=DrawdownCustomDates("MSFT", TEXT(A1,"yyyy-mm-dd"), TEXT(B1,"yyyy-mm-dd"))
-
Checking an index symbol:
=DrawdownCustomDates("^SPX", "2021-01-01", "2021-12-31")
-
Evaluating cryptocurrency:
=DrawdownCustomDates("BTCUSD:DEFAULT", "2021-03-01", "2022-03-01")
? Pro Tip: Pair this formula with other MarketXLS analytics (e.g., returns or dividend functions) to create a more comprehensive performance dashboard.
Common Questions
-
What if the function returns “NA”?
- Check your MarketXLS license status.
- Verify the symbol is spelled correctly.
- Ensure the chosen date range is valid and that data is available.
-
Can I use this for non-U.S. securities?
- Yes, provided MarketXLS supports the symbol you’re querying.
-
Does the function work with intraday data?
- This function is designed for daily end-of-day data, so intraday fluctuations are not reflected.
-
How do I interpret the percentage?
- A value of -10 implies a 10% drop from the most recent peak within the specified time frame.
-
Are there performance considerations for large date ranges?
- The function retrieves historical pricing data. Using an overly large date range may take longer to process, especially for less common symbols or volatile assets.