Stock Return Correlation Last One Year
Calculates the correlation coefficient of returns between two stocks over the past year.
Syntax
=StockReturnCorelationLastOneYear(Symbol1, Symbol2)Examples
=StockReturnCorelationLastOneYear("MSFT","AAPL")When to Use
- Portfolio diversification analysis
- Pairs trading research
- Risk management
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Single stock analysis | Volatility functions |
| Beta to market | Beta() |
Common Issues & FAQ
What does correlation mean?
+1 = perfect positive, -1 = perfect negative, 0 = no correlation.
Excel Templates Using Stock Correlation
These ready-made MarketXLS templates call StockReturnCorelationLastOneYear() in their worksheet formulas. Open one to see the function working inside a complete model.
Related Formulas
More MarketXLS MarketXLS Analytics formulas you can use in the same worksheet:
- Stock Return Between Two Dates In Past
- Stock Return Fifteen Days
- Stock Return Five Years
- Stock Return Forty Five Days
- Stock Return Month To Date
- Stock Return Nine Months
- Stock Return One Twenty Days
- Stock Return One Year
See StockReturnCorelationLastOneYear used in a complete workbook: Portfolio Optimization Excel: Build an Efficient Frontier and Sharpe Ratio Model in 2026
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