Drawdown Thirty Days Formula in Excel
Understanding Drawdown Thirty Days
The Drawdown Thirty Days formula helps investors measure the peak-to-trough decline of a stock (or other tradable asset) over a rolling 30-day period. By using this function, you can quickly assess how much a security has dropped from a recent high, providing critical insights into risk and volatility for better decision-making.
- Purpose: Identify the maximum drawdown (peak-to-trough percentage drop) in the last 30 days.
- Key Benefits:
- Quickly gauge investment risk.
- Spot potential market downturns or vulnerabilities.
- Integrate daily updates to remain informed.
- When to Use:
- Risk management and portfolio stress analysis.
- Short-term trading and active investment strategies.
- Monitoring drawdowns in the recent month.
Syntax and Parameters
Use the Drawdown Thirty Days formula to retrieve the 30-day drawdown percentage. It automatically calculates the start date as 31 days ago and the end date as yesterday.
=DrawdownThirtyDays(Symbol)
Parameter | Description | Required | Example |
---|---|---|---|
Symbol |
The stock ticker or instrument symbol to analyze (e.g., equities, indices, options). | Yes | "MSFT" |
Return Value
- Returns a numeric value indicating the percentage drawdown (e.g., -5.23).
- Returns
"NA"
if no data is available or if the symbol is invalid.
Error Handling
- If a license is invalid or there’s an issue fetching data, the function returns
"NA"
.
?? Note: This function does not accept separate date parameters; it inherently uses data from 31 days prior to 1 day prior to the current date.
Examples and Usage
-
Basic Example
=DrawdownThirtyDays("MSFT")
Retrieves the 30-day drawdown percentage for Microsoft (MSFT).
-
Indices
=DrawdownThirtyDays("^SPX")
Measures the 30-day drawdown for the S&P 500 (SPX).
-
Options
=DrawdownThirtyDays("@MSFT 110122C00020000")
Calculates the drawdown for the specified MSFT call option.
-
Crypto
=DrawdownThirtyDays("BTCUSD:DEFAULT")
Returns the 30-day drawdown for Bitcoin priced in USD.
? Pro Tip: Because this formula automatically evaluates the last 30 days, there’s no need for manual date inputs. If you need date-specific analytics, consider other MarketXLS functions that accept date parameters.
Common Questions
1. Can I specify custom date ranges?
No. The function is designed to measure drawdown specifically over the last 30 days. For more customized intervals, you can explore other MarketXLS formulas that accept date inputs.
2. How often is the data updated?
MarketXLS typically updates once daily around 5 PM EST. Ensure that your workbook is refreshed to see the most recent data.
3. What if the drawdown is minimal or zero?
If the security continuously makes new highs or does not decline significantly, the drawdown result could be close to zero.
4. Are partial trading days included?
Yes. The function relies on available market data up to the day prior to the current date, covering both full and partial trading sessions.
?? Note: Always verify your subscription and data entitlements. Invalid or expired licenses will result in “NA” responses.
- For more insights, check out:
- Total Dividends Paid Between Two Days In The Past
- Stock Return Seven Days
- Stock Return Fifteen Days
- Stock Return Thirty Days
Use the Drawdown Thirty Days formula in Excel with MarketXLS to maintain a clear view of recent market volatility and make informed decisions on your investments.