Share Factor (Historical) Formula in Excel

The Share Factor (Historical) formula in Excel with MarketXLS helps you retrieve a company’s historical share-factor data for a specific year, quarter, or trailing twelve months (TTM). This powerful function enables analysts, investors, and finance professionals to quickly access and analyze trends to make informed decisions.

Understanding Share Factor (Historical)

• Purpose: The hf_Share_Factor function returns the share factor for a given stock symbol over a specified historical period.
• Key Benefits:
  • Provides focus on how share factors change over time.
  • Facilitates historical trend analysis for strategic planning.
  • Integrates easily into Excel for quick and flexible reporting.
• When to Use:
  • When conducting advanced fundamental analysis.
  • When you need to review a company’s share composition changes over quarters, years, or TTM.

Syntax and Parameters

=hf_Share_Factor(Symbol, year, [quarter], [TTM])

? Pro Tip: You can reference cells or formulas in place of hard-coded values. For example, if cell A1 has the year, you can use =hf_Share_Factor("MSFT", A1, 2).

Return Value

• Returns a numeric value representing the share factor for the specified period.
• Returns "NA" if the symbol is invalid, data is unavailable, or subscription access is missing.

?? Note: This function requires a valid MarketXLS subscription and might return "NA" if historical fundamental data is not included in your plan.

Special Cases and Performance Considerations

• For large datasets or frequent calls, consider reducing real-time recalculations by storing results in separate cells or using manual calculation mode.
• If you reference dates:
  1. Using a cell reference:

     =hf_Share_Factor(A1, "lq")

  2. As a direct date string (less common for this function):

     =hf_Share_Factor(TEXT("2024-03-15","yyyy-mm-dd"), "ly")

  3. With Excel date functions:

     =hf_Share_Factor(TEXT(A1,"yyyy-mm-dd"), "lq-1")

Examples and Usage

Below are common real-world scenarios for the hf_Share_Factor formula:

1. Basic Yearly Lookup

   =hf_Share_Factor("MSFT", 2022)

   Retrieves Microsoft’s share factor for the year 2022.

2. Year and Quarter Lookup

   =hf_Share_Factor("MSFT", 2022, 2)

   Retrieves share factor for the second quarter of 2022.

3. Trailing Twelve Months (TTM)

   =hf_Share_Factor("MSFT", 2022, 3, "TTM")

   Retrieves share factor for the trailing twelve months ending with Q3 of 2022.

4. Last Quarter and Last Year

   • Last quarter:

     =hf_Share_Factor("MSFT", "lq")

   • Last quarter minus one:

     =hf_Share_Factor("MSFT", "lq-1")

   • Last year:

     =hf_Share_Factor("MSFT", "ly")

   • Last year minus one:

     =hf_Share_Factor("MSFT", "ly-1")

5. Last 12 Months (LT)

   =hf_Share_Factor("MSFT", "lt")

   Retrieves the most recent 12 months.

   =hf_Share_Factor("MSFT", "lt-1")

   Retrieves the previous 12 months before the current last.

?? Note: "lq", "ly", and "lt" are dynamic references that shift based on the latest available data. This is particularly helpful if you're updating dashboards regularly.

Common Questions

1. Why am I getting "NA"?

   • Ensure your symbol is valid and correctly formatted.
   • Verify your MarketXLS subscription includes historical fundamental data.
   • Check if the year/quarter/TTM values are spelled or formatted correctly.

2. Can I use cell references for dynamic periods?

   • Yes. For instance, if cell A1 contains "MSFT" and cell B1 contains 2022, you can write:

     =hf_Share_Factor(A1, B1, 3, "TTM")

3. How do I improve performance when using multiple calls?

   • Disable automatic calculation or store results in helper cells to avoid repetitive recalculations.

4. When should I use TTM versus fixed quarters or years?

   • Use TTM for the most up-to-date rolling data. Fixed quarters/years are best when comparing standard, discrete reporting periods.

? Pro Tip: Combine hf_Share_Factor with other MarketXLS historical fundamentals, like Revenue (Historical) or Gross Profit (Historical), to build a comprehensive dashboard.

• Related Functions:
  • Revenue (Historical)
  • Cost Of Revenue (Historical)
  • Gross Profit (Historical)
  • R & D Expenses (Historical)
  • Selling General and Administrative Expense (Historical)