# Low Price In X Number Of Days Formula in Excel

The "Low Price In X Number Of Days" formula in Excel, integrated with MarketXLS, allows investors to efficiently track and analyze the lowest stock prices over a user-defined number of days. This powerful analytical tool helps in making informed investment decisions by providing historical price insights.

## Understanding Low Price In X Number Of Days

- **Purpose and Use Cases**
  - Ideal for tracking the historical lows of a stock over a specified timeframe.
  - Useful in identifying potential buy opportunities based on historical price trends.
  - Can assist in risk management by understanding past market behaviors.

- **Key Benefits**
  - Offers a clear view of the lowest price points, aiding tactical investment strategies.
  - Intra-day prices are included for precision tracking.
  - Useful for both individual investors and financial analysts.

- **When to Use**
  - Perfect for establishing price floors and setting buy targets.
  - When evaluating market trends and volatility over short-term periods.

## Syntax and Parameters

To effectively use the "Low Price In X Number Of Days" function, familiarize yourself with its syntax and parameters.

```excel
= x_day_low(Symbol, days)

• Parameter Table

  Parameter	Description	Required	Example
  Symbol	The ticker symbol for the stock or security.	Yes	"MSFT"
  days	The number of past days to analyze for low prices.	Yes	"5"

• Return Value Details

  • Returns the lowest price of the specified stock over the given period.
  • Returns "NA" if the symbol is invalid or data is unavailable.

Examples and Usage

• Basic Example

=x_day_low("MSFT", 5)

• This example returns the lowest price for Microsoft stock over the past 5 days.

• Advanced Scenarios

  • Tracking index low using symbols like =x_day_low("^SPX", 10)
  • Monitoring options using =x_day_low("@MSFT 110122C00020000", 7)
  • Checking cryptocurrency prices with =x_day_low("BTCUSD:DEFAULT", 30)

• Real-world Applications

  • Investors can utilize this function to adapt trading strategies according to historical lows, potentially optimizing purchase timing.

Common Questions

• FAQs

  1. What if I enter a non-existing stock symbol?

     • The function will return "NA" if the symbol is invalid.

  2. Can this function be used for crypto?

     • Yes, it supports various asset classes, including cryptocurrencies.

• Troubleshooting

  • Ensure the MarketXLS plugin is correctly installed and your license is valid.
  • Check that the stock symbol is correct and supported by the MarketXLS database.

• Best Practices

  • Regularly update the MarketXLS database for the most accurate data.
  • Use cell references for dynamic analysis, e.g., =x_day_low(A1, B1).

? Pro Tip: Use TEXT(A1,"yyyy-mm-dd") to ensure date formats are compatible within functions. ?? Note: For non-traded days or holidays, prices may not be updated, affecting the results.