Volume Average Seven Days Formula in Excel

The Volume Average Seven Days formula in Excel (powered by MarketXLS) helps you quickly retrieve the average amount of trading volume for a specified symbol over the previous seven-day period. This function is especially useful for investors and analysts tracking volume trends to identify opportunities and confirm market movements. By leveraging this formula, you can streamline your Excel workflow and stay on top of crucial trading information.

Understanding Volume Average Seven Days

• Purpose and Use Cases
  The Volume Average Seven Days formula is designed to provide a straightforward way to calculate the average traded volume for the last seven calendar days (excluding the current day). This is particularly valuable for:

  • Assessing a stock’s liquidity trends.
  • Identifying sudden spikes or drops in trading volume.
  • Complementing other technical indicators in volume analysis.

• Key Benefits

  • Automates the retrieval of recent trading data.
  • Minimizes manual input and potential errors in calculations.
  • Integrates seamlessly with MarketXLS, ensuring real-time data refresh.

• When to Use
  Use the Volume Average Seven Days formula whenever you need a quick snapshot of a security’s recent trading volume to inform short-term investment or trading decisions.

Syntax and Parameters

Below is the typical syntax for this function:

=VolumeAverageSevenDays(Symbol)

• Return Value

  • Returns the average trading volume (numeric format) over the past seven days excluding the current day.
  • If the symbol is invalid or an error occurs, the function returns "NA".

• Error Handling

  • If the symbol is not recognized by MarketXLS or authentication/license is invalid, the function returns "NA".

• Special Cases and Limitations

  • Indices (e.g., ^SPX) and option tickers (e.g., @MSFT 110122C00020000) are supported, but data availability may vary.
  • Requires a valid MarketXLS subscription and stable internet connection to fetch real-time or historical data.

• Performance Considerations

  • Each function call initiates a web request to MarketXLS. For large data sets, consider limiting recalculations or using the Excel “Manual Calculation” mode.

Examples and Usage

Basic Examples

1. Using a Standard Stock Symbol

   =VolumeAverageSevenDays("MSFT")

   Retrieves Microsoft’s average trading volume for the previous seven calendar days.

2. Using an Index Symbol

   =VolumeAverageSevenDays("^SPX")

   Retrieves the average trading volume data (if available) for the S&P 500 Index.

3. Using a Cryptocurrency Symbol

   =VolumeAverageSevenDays("BTCUSD:DEFAULT")

   Returns the average trading volume for Bitcoin over the last seven days.

Date Formats

Although this function automatically calculates for the past seven days, you can pair it with other MarketXLS formulas or Excel date functions if needed. For general reference, MarketXLS formulas can accept:

• Cell references: =VolumeAverageSevenDays(A1)
• Direct symbol strings: =VolumeAverageSevenDays("MSFT")

? Pro Tip: Combine this formula with other MarketXLS analytical functions (like returns or dividends) to build a comprehensive trading dashboard in Excel.

Common Questions

1. Why am I getting “NA”?

   • Ensure your MarketXLS license is valid.
   • Verify that the symbol is entered correctly and that you have an active internet connection.

2. Can I use this formula with historical dates?

   • The function automatically fetches data for the last seven days (excluding the current day). For a different time range, look for specialized MarketXLS functions.

3. Do I need a MarketXLS subscription?

   • Yes, an active subscription is required to pull real-time or historical volume data from MarketXLS’s servers.

?? Note: If you need more extensive volume history, consider using other MarketXLS-specific functions or advanced APIs for extended date ranges.

4. Best Practices
   • Refresh data periodically when more up-to-date volumes are needed.
   • Use in combination with other trending/return functions to give context to volume movements.

• Related Functions
  • Total Dividends Paid Between Two Days In The Past
  • Stock Return Seven Days
  • Stock Return Fifteen Days
  • Stock Return Thirty Days

? Pro Tip: Evaluate multiple periods (7, 15, and 30 days) to get a broader perspective on volume trends and price movements.

By using the Volume Average Seven Days formula strategically, you can gain valuable insights into trading activity and seamlessly integrate volume analysis into your Excel-based investment workflow.