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Demo how to use XIRR and XNPV functions of Google Sheets to calculate internal rate of return (IRR) and net present value (NPV) for a stock portfolio

I have explained the idea of using Google Sheets functions to calculate internal rate of return (IRR) and net present value (NPV) for a stock portfolio . The process consists mainly of three steps: Identify cash flows from transactions managed in a Google Sheets spreadsheet Choose a discount rate based on personal preferences Apply XIRR and XNPV functions of Google Sheets In this post, I demonstrate step-by-step how to apply this process to calculate internal rate of return (IRR) and net present value (NPV) for a stock portfolio at 3 levels.

Stock Correlation Analysis With Google Sheets

Correlation is a statistical relationship that measures how related the movement of one variable is compared to another variable. For example, stock prices fluctuate over time and are correlated accordingly or inversely to one another. Understanding stock correlation and being able to perform analysis are very helpful in managing a stock portfolio investment. In this post, we will look at how to perform stock correlation analysis with Google Sheets. Understanding correlation and its applications in stock investing Stock correlation analysis with Google Sheets Getting started User guide Conclusion Understanding correlation and its applications in stock investing The most familiar correlation measure is the Pearson product-moment correlation coefficient . The strength of the relationship between two variables is expressed numerically between -1 and 1. For example: Two stocks are positively correlated when their prices always go up or go down together. Their coefficient