What is a Non-Deliverable Forward (NDF)? A non-deliverable forward (NDF) is a straight futures or forward contract, where, much like a non-deliverable swap (NDS), the parties involved establish a settlement between the leading spot rate and the contracted NDF rate. The settlement is made when both parties agree on a notional amount. NDFs are settled…
What is COUNTA (Excel Countif Not Blank)? The COUNTA Function is categorized under Excel Statistical functions. It will calculate the number of cells that are not blank within a given set of values. The COUNTA function is also commonly referred to as the Excel COUNTIF Not Blank formula. As a financial analyst, the COUNTA function…
T Confidence Interval in Excel The T Confidence Interval Function is categorized under Excel Statistical functions. The function calculates the confidence value that can be used to construct the confidence interval for a population mean for a supplied probability and sample size. It is often used in determining the t value for a 95 confidence…
What is the CONFIDENCE.NORM Function? The CONFIDENCE.NORM Function is categorized underExcel Statistical functions. It will use the normal distribution to calculate and return the confidence interval for a population mean. The confidence interval is the range that a population parameter is likely to fall into for a given probability. In financial analysis, the CONFIDENCE.NORM function…
What is the Excel Confidence Interval Function? The CONFIDENCE Function is categorized under Excel Statistical functions. It will use the normal distribution to calculate and return the confidence interval for a population mean. The confidence interval Excel formula can be extremely useful for financial analysis. As a financial analyst, =CONFIDENCE() is helpful in predicting and…
What is the INDIRECT Function? The INDIRECT Function is categorized under Excel Lookup and Reference functions. It will convert a text string into a cell reference. For example, if we type the reference A1 in a formula, Excel will understand that it refers to cell A1. However, if the cell reference given takes the form…
What is the CHOOSE Function? The CHOOSE Function is categorized under Excel Lookup and Reference functions. It will return a value from an array corresponding to the index number provided. The function will return the nth entry in a given list. As a financial analyst, the CHOOSE function is very useful when creating scenarios in…
What is the INDEX Function? The INDEX Function is categorized under Excel Lookup and Reference functions. The function will return the value at a given position in a range or array. The INDEX function is often used with the MATCH function. We can say it is an alternative way to do VLOOKUP. As a financial…
What is the Cell ADDRESS Function? The cell ADDRESS Function is categorized under Excel Lookup and Reference functions. It will provide a cell reference (its “address”) by taking the row number and column letter. The cell reference will be provided as a string of text. The function can return an address in a relative or…
