have an account?【sign in】formula to get stock prices in excel
cullenauthorA Simple Formula to Get Stock Prices in Excel
Stock prices can be a complex topic, especially for those who are new to the world of investing. However, with the right tools and a little bit of knowledge, you can easily track the prices of stocks in Microsoft Excel. In this article, we will show you a simple formula to get stock prices from a variety of sources, such as news websites, financial apps, or even just from your own research.
The Formula
The formula we will use is quite simple and can be entered directly into your Excel cell. First, find the stock symbol you are interested in and copy its price. Then, create a new column and enter the following formula:
=VLOOKUP(A1, 'Stock Prices.csv', "Price", 1)
Here, A1 refers to the cell where the stock symbol is entered, and 'Stock Prices.csv' is the filename of the file containing the stock prices. You can find this file on most financial websites or apps. Finally, "Price" refers to the column in the 'Stock Prices.csv' file that contains the stock price data, and 1 indicates that you want to look up the price for the specified stock symbol in the first row of the column.
Note that this formula may not work if the 'Stock Prices.csv' file has more than one row per stock symbol. In this case, you can adjust the formula to look up the price in the appropriate row by changing the 1 to a positive integer.
Step-by-Step Guide
1. Open a web browser and go to a website or app that provides stock prices, such as Yahoo Finance, Nasdaq, or Google Finance.
2. Copy the stock price from the page and paste it into a new column in your Excel file.
3. Create a new column in your Excel file and enter the formula described above.
4. Adjust the formula as necessary to ensure that it looks up the correct price for the specified stock symbol.
5. Save and save your Excel file for future reference.
Tracking stock prices in Excel can be a helpful tool for anyone interested in the world of investing. By using this simple formula, you can easily access the latest stock prices from a variety of sources and incorporate them into your investment research. Remember to be cautious when making investment decisions, and always do your own research before investing.