Volume Average Five Years Formula in Excel

The Volume Average Five Years formula in Excel (via MarketXLS) helps you quickly retrieve the average traded volume for a given security over the last five years. This formula is especially useful for investors and analysts looking to understand long-term trading activity and patterns for specific stocks, ETFs, indices, and more.

Understanding Volume Average Five Years

• Purpose and Use Cases
  • Provides the average traded volume of a security over a five-year range.
  • Helps assess long-term liquidity and trading interest in a particular symbol.
• Key Benefits
  • Saves time by automating data retrieval.
  • Offers a quick snapshot of average volume trends directly in Excel.
• When to Use
  • Ideal for historical volume trend analysis and technical evaluation.
  • Useful for portfolio allocation decisions where liquidity is a factor.

Syntax and Parameters

=VolumeAverageFiveYears(Symbol)

Return Value

• Returns a numeric value representing the average volume over the past five years.
• If the symbol is invalid, data is not available, or the license is not active, the function returns "NA".

Examples and Usage

Below are some practical examples of how to use VolumeAverageFiveYears with various symbol and date input formats.

1. Basic Ticker Symbol:

   =VolumeAverageFiveYears("MSFT")

2. Using Indices:

   =VolumeAverageFiveYears("^SPX")

3. Options (Option Chain Symbol):

   =VolumeAverageFiveYears("@MSFT 110122C00020000")

4. Crypto:

   =VolumeAverageFiveYears("BTCUSD:DEFAULT")

5. Using a Cell Reference for the Symbol:

   =VolumeAverageFiveYears(A1)

   ? Pro Tip: Enter the symbol (e.g., "AAPL") in cell A1 to dynamically reference it.

Date Handling

While this specific function calculates an average over a fixed five-year period, you can still use date inputs in cell references or as text in other MarketXLS functions if needed. For instance:

• Cell references:

  =VolumeAverageFiveYears(A1)

• Direct date input (not required here, shown as an example for other MarketXLS functions):

  =VolumeAverageFiveYears("2024-03-15")

• Using Excel date functions:

  =VolumeAverageFiveYears(TEXT(A1,"yyyy-mm-dd"))

?? Note: Make sure your MarketXLS license is valid. If it’s expired or invalid, you will receive the "NA" error.

Real-World Applications

• Long-Term Liquidity Analysis: Evaluate if a security has sufficient trading volume over an extended period before making investment decisions.
• Technical Analysis: Combine this data with other volume-based indicators to confirm trends.

Common Questions

1. Why am I getting “NA” as a result?

   • Possible reasons include:
     • Invalid or misspelled symbol.
     • Expired MarketXLS license.
     • No data available for the specified security.

2. How often is the data updated?

   • MarketXLS refreshes data regularly. However, any historical data is generally considered static and updated as new information becomes available.

3. Can I use this formula for intraday analysis?

   • This function is designed for a five-year average. For intraday volume analysis, consider using other MarketXLS real-time formulas.

4. Are there any performance considerations?

   • Since the function retrieves historical volume data, performance may vary based on your internet connection and MarketXLS server load. Caching mechanisms in MarketXLS generally help optimize speed.

5. Does Volume Average Five Years work for global markets?

   • Yes, as long as MarketXLS supports the symbol or exchange. Check MarketXLS documentation for your specific region.

? Pro Tip: Combine VolumeAverageFiveYears with other MarketXLS formulas (like dividend or return calculations) to create a comprehensive investment analysis dashboard directly in Excel.