Investments (Historical) Formula in Excel
Investments (Historical) in Excel with MarketXLS provide a powerful way to analyze a company's historical investments. These investments are assets acquired to generate future income or value appreciation. In this guide, you'll learn how to use the formula, its parameters, and best practices for leveraging historical investment data in your spreadsheets.
Understanding Investments (Historical)
- Purpose and Use Cases: This function retrieves a company’s past investments for a specific year, quarter, or trailing twelve months (TTM). It helps in evaluating how a company's assets have grown over time.
- Key Benefits:
- Makes historical trend analysis straightforward.
- Integrates seamlessly with your Excel workflow.
- Supports various date formats and advanced options like TTM, last quarter, and last year.
- When to Use: Employ this function when you need to compare a company’s historical investments over multiple periods to make data-driven decisions.
Syntax and Parameters
Use the hf_Investments
function directly in an Excel cell. Multiple date formats are supported, including references, direct strings, and Excel date functions.
=hf_Investments(Symbol, Year, [Quarter], [TTM])
?? Note: A valid MarketXLS license with historical fundamental data access is required for this function.
Parameter | Description | Required | Example |
---|---|---|---|
Symbol |
The stock ticker or asset symbol. Accepts regular symbols, indices, options, or crypto. | Yes | "MSFT", "^SPX", "@MSFT 110122C00020000", "BTCUSD:DEFAULT" |
Year |
The reporting year to retrieve data for. Special inputs like "lq", "ly", "lt" are also supported. | Yes | 2023, "ly", "ly-1", "lq", "lt" |
Quarter |
The calendar quarter (1–4). If omitted, defaults to "1". Special usage: "lq" (last quarter). | No | 2 |
TTM |
Set to "TTM" to calculate for the trailing twelve months. If omitted, defaults to an empty string. |
No | "TTM" |
Return Value
- A numeric value representing the investment amount for the specified historical period.
- Returns
"NA"
if the symbol is invalid, data is unavailable, or a license/subscription is missing.
? Pro Tip: Combine
hf_Investments
with other MarketXLS historical fundamental functions (e.g., Revenue, Gross Profit) for a comprehensive company overview.
Examples and Usage
Below are several ways to call hf_Investments
in Excel:
-
Cell references for dates
=hf_Investments(A1, 2022)
Where cell A1 contains the symbol (e.g., "MSFT").
-
Direct parameters
=hf_Investments("MSFT", 2024, 2)
Retrieves the investments for Microsoft (MSFT) in the second quarter of 2024.
-
TTM (Trailing Twelve Months)
=hf_Investments("MSFT", 2023, 1, "TTM")
Returns TTM data covering the quarter specified.
-
Special date formats
- Using “last quarter” (lq)
=hf_Investments("MSFT", "lq")
- Using “last year” (ly)
=hf_Investments("MSFT", "ly")
- Using multiple offsets (e.g., one year before last year “ly-1”)
=hf_Investments("MSFT", "ly-1")
- Using “last quarter” (lq)
-
Excel date functions
=hf_Investments("MSFT", TEXT(A1,"yyyy"), TEXT(A2,"q"), "TTM")
Where A1 and A2 hold date information formatted to extract year and quarter, respectively.
?? Note: Always verify your quarters match the company’s fiscal or calendar quarters. Some companies have different fiscal year ends.
Common Questions
1. What if the function returns "NA"?
- It may indicate:
- Missing or invalid symbol.
- Data not available for the specified date range.
- No valid MarketXLS subscription for historical fundamentals.
2. How frequently is the data updated?
- MarketXLS updates this data periodically. Data frequency may vary by the data subscription plan you have.
3. Are there performance considerations?
- Repeated calls with large datasets can slow down Excel. Use named ranges and references to optimize performance, or consider caching results.
4. Can I use “hf_Investments” for non-stock assets?
- Yes. You can use the function for indices (e.g., "^SPX"), options ("@MSFT 110122C00020000"), and crypto symbols ("BTCUSD:DEFAULT") where historical fundamental data is available.
5. Are partial quarters supported?
- The function retrieves data based on completed reporting periods. If partial data is not yet reported, it will return “NA”.
? Pro Tip: For more advanced insights, pair the Investments (Historical) formula with other historical fundamental formulas such as Revenue (Historical), Cost Of Revenue (Historical), and R & D Expenses (Historical).
By incorporating Investments (Historical) data in your Excel worksheet using MarketXLS, you can streamline your fundamental analysis and make more informed decisions.