Book Image

Excel 2010 Financials Cookbook

By : Andre Odnoha
Book Image

Excel 2010 Financials Cookbook

By: Andre Odnoha

Overview of this book

<p>Excel is one of the mostused software tools in the world and just about every business has a copy somewhere. Despite its power and flexibility it is not always clear how to use it to perform some of the most important tasks in any business: organizing, analysing, and presenting financial information.<br /><br />Excel 2010 Financials Cookbook contains a rich collection of useful techniques for handling financial data in Excel. From integrating data from a variety of different sources, through organazing and analyzing financial data, to presenting it in a variety of graphical forms, this book has you covered.<br /><br />The book deals first with "normalizing" financial data -- that is, bringing data from a number of different sources into a single format where you can analyze them together. Then you'll learn techniques for managing and analyzing the data before discovering ways to present it graphically. The book then looks at Excel's built in features for financial analysis, and even shows how you can combine the built in features to build your own analysis functions.</p>
Table of Contents (14 chapters)
Excel 2010 Financials Cookbook
Credits
About the Author
About the Reviewers
www.PacktPub.com
Preface
Index

Advancing what IF analysis scenarios


IF statements are a powerful tool to compare information within Excel; however, nesting IF statements, that is building IF statements that continue to compare within the same statement, provides a mechanism for advanced scenarios with layers of comparison.

In this recipe, you will create a multiple nested-IF statement to compare stock price deviation daily and by a weekly average.

How to do it...

The following worksheet provides relative stock price fluctuation. Poor selling price is determined by taking the starting number and determining a negative deviation of more than $0.75; however, even if the deviation is greater than 75 cents, if the deviation is less than $1.75 from the weekly average stock price in cell B1, then the fluctuation is acceptable.

  1. 1. Starting in cell B3, enter the following comparison IF statement formula, then press enter:

    =IF((A3-$A$2)<-0.75, IF((A3-$B$1)<-1.75,"Bad","Acceptable"), "Good")

  2. 2. Copy cell B3's formula into all remaining...