QUARTILE.INC Function
What is the QUARTILE.INC Function? The QUARTILE.INC Function is categorized under Excel Statistical functions. It will return the quartile of a given data set based on percentile values from 0.1, inclusive. The function bases its calculation on a percentile range of 0 to 1, inclusive. As a financial analyst, QUARTILE.INC can be used to find...
QUARTILE.EXC Function
What is the QUARTILE.EXC Function? The QUARTILE.EXC Function is categorized under Excel Statistical functions. It will return the quartile of a given data set based on percentile values from 0.1, exclusive. The function bases its calculation on a percentile range of 0 to 1, exclusive. As a financial analyst, QUARTILE.EXC can be used to find...
Expected Return
What is Expected Return? The expected return on an investment is the expected value of the probability distribution of possible returns it can provide to investors. The return on the investment is an unknown variable that has different values associated with different probabilities. Expected return is calculated by multiplying potential outcomes (returns) by the chances of...
Pairs Trading
What is Pairs Trading? Pairs trading is a strategic trading option that is used to generate profits regardless of market direction. Traders utilizing the pairs strategy determine two securities that: Share similar characteristics and have a high positive correlation Are trading at a price that is contradictory to their historical trading prices One of the...
Basic Statistics Concepts for Finance
Basic Statistics Concepts for Finance A solid understanding of statistics is crucially important in helping us better understand finance. Moreover, statistics concepts can help investors monitor the performance of their investment portfolios, make better investment decisions, and understand market trends. Arithmetic Mean The mean return on investment of a portfolio is an arithmetic average of...
Variance Formula Template
Variance Formula Template This variance formula template helps you find out the variance between actual and forecast financial figures. This is what the variance formula template looks like: Download the Free Template The variance formula is used to calculate the difference between a forecast and the actual result. The variance can be expressed as a...
