If you are learning or starting in the stock market it is necessary that you know some advantages of Excel that will surely be of great help; In this way, you can get the results of the calculations correctly and easily, such as using the DURATION.MODIF function.
In this sense, the DURATION.MODIF function in Excel is basically responsible for returning the annual duration; or also called Macauley, of a stock market value, which will be composed of a series of data or syntax to be able to get the information you are looking for.
When we refer to the syntax to use an Excel function, it indicates the order or arrangement and arguments; that is, they are data that we must enter correctly so that we can find the value, since otherwise, it will give an error, in this case, if you wish you can as a complement consult the Microsoft support help.
What is the correct syntax for the DURATION.MODIF function?
In this case, it is necessary to use the correct syntax in this way, the DURATION.MODIF function will be able to return the nominal value; then the arguments and correct order should be (settlement, expiration, coupon, yield, frequency [base]).
Likewise, to use formulas in spreadsheets it is necessary to have basic knowledge. In this way you will be able to load each of the data and thus use the correct and complete syntax as follows; DURATION.MODIF (settlement, maturity, coupon, yield, frequency [base]).
Basically, we refer to the settlement date of the market value; In other words, it is the date after its issuance on which the buyer acquires the cost of the share of the economic title.
In this case, it represents the expiration date of the stock; or also the exact time in which it will expire, either the economic title or share acquired by the buyer.
The coupon is made up of numerical data that will be greater than or equal to 0; on the other hand, it will indicate what is the annual nominal interest rate of the stock market value; however, if a negative number is entered the function returns #NUM! Or if it is not numeric, it will show #VALUE! Error.
Regarding performance, in principle it should only be numerical data, also greater than or equal to 0; it also shows the annual profit rate of the stock market value. In case of being a negative number, it will show the code #NUM !, and if it does not have numbers, then it will give #VALUE! Error.
It will always be necessary to know the importance of using spreadsheets since with them we can get the calculations quickly; as in this case where the frequency represents how many payments are made per year.
For example, if it is 1 it determines that it is once a year, that is, the payment is made annually; but if it is 2 then we speak semester or every 6 months and finally 4 which means quarterly, equally if the frequency is not calculated in 1, 2 or 4 it will give an error or if it is not numerical it will happen in the same way.
The base will include an integer numerical value that this time will be greater than or equal to 0 and also less than or equal to 4; on the other hand, it will only indicate how the days will be counted and thus calculate the result.
What should you know about the DURATION.MODIF function?
Not everything in Excel is so complex, you can easily use other functions to calculate the average or any other data you need, but in the specific issue of DURATION.MODIF there are values that you must take into account since otherwise, the information will not be correct.
All values will be mandatory, settlement, maturity, coupon, yield, and frequency, less the basis; In this sense, it will not be necessary to calculate it, you only have to locate 0 and enter the numbers 1, 2, 3, or 4 taking into account the calculation according to the days established by each system.
How to convert a decimal number to binary with the DEC.A.BIN function in Excel
Excel is a Microsoft Office tool that is very useful for mathematical calculations, tables, and statistics. It contains many formulas and functions that are essential for its application and use in any environment and workspace.
One of them is the DEC.A.BIN function, which has a very particular use which is to convert decimal numbers into binary numbers. The specific utility can be noted in its name, with DEC as a decimal and BIN as a binary number.
Learn with us to use the DEC.A.BIN function in Excel step by step, to modify the numerical data that you use.
How to use the DEC.A.BIN function to modify numbers in Excel
This function works with two main concepts which are the numbers and the number of characters to make the change. Numbers are strictly required as opposed to characters, which is an optional factor for the job to be done.
The simplest way to use this function successfully is to put the following = DEC.A.BIN in the formula bar. This must be followed by the number or figure to be converted to binary, within parentheses.
It can also be used by placing the cell that contains the figure to be modified to binary instead of certain numbers. This value also has to be found within the mentioned parentheses for the function to do its job completely.
Another option is to place the number to change, followed by a semicolon, with the number of binary figures. As we mentioned earlier, the data has to be inside the parentheses for the function to process it successfully.
It is important to know that requirements have to be met so that the function does not throw an error in the calculation. For this, the number must not be less than -512 or greater than 512, because the function will throw an error.
On the other hand, the function only works with numerical values, since when using words it also emits a final error. It also sets errors when there are inconsistencies with the character argument for the binary figure, which must be an integer.
If a negative number or zero is put as the argument, the function will also throw the error when applied. This also implies that the argument must be a numeric value, just like the number to be transformed later.
Now you can start using the DEC.A.BIN function to transform numerical figures into binary numbers, following the aforementioned parameters.
Some simple additional features that can be used in Excel
In some cases, the circular reference error can occur within a cell in Excel, due to poor development. This occurs because in the formula or function executed, the same cell that is occupying the sheet is placed.
When this type of error is made, the correct mathematical calculations cannot be performed in the Excel document. Despite these drawbacks, it is possible to work around the circular reference so that the formulas and functions work fully.
If you want to transpose a data series to a part of the sheet, it is also possible with certain specific steps. This is useful mainly so that we do not have to write all the data again in the specific order we want.
This simple action can be done through a specific formula or using the computer keyboard and mouse. By transposing the information we save a lot of work time when we manipulate the data that we need to calculate or execute easily.
If you have applied for or granted loans, Excel allows you to calculate them with a specific function that the program can easily execute. This helps you manage and control all your finances much better and see the economic movements that you have made.
Excel is one of the most useful Office programs for businesses and institutions for many types of essential jobs. You have to take advantage of all these tools to facilitate various tasks and thus be able to streamline all the important processes when working.
You can find more information in See how to do it about other very useful and important functions and tools in Excel. We provide you with a lot of information about this and other topics that may interest you about technology, the Internet, and social networks.
How to Use the Excel Function BINOM.DIST SERIES – Step by Step
In this post, you will learn about how to use the BINOM.SERIES function of the Excel sheet, with a series of steps to follow.
Many people nowadays trust computers for multiple tasks, and among its most used programs is Excel, which can be used to create a form, create tables for different tasks or follow-ups, and even convert numbers to letters in a way. very simple.
It only takes a little practice and a lot of dedication, thanks to the fact that this Office suite program is very efficient for a myriad of tasks.
Anyone who wants to perform calculations quickly can be used for countless things, whether it be to keep company accounts, to keep records, or to make tables in which to keep a certain order. In this case, a step-by-step will be explained about one of the many statistical functions that Excel has.
Excel function BINOM.DIST SERIES
The code SERIES BINOMDIST is an Excel statistical function used to return the probability of a test result.
- Its syntax is as follows: SERIES BINOMDIST (trials; probability-success; num-successes; [num-successes2]).
- Trials. It is the total number of trials in numerical value.
- Proba-success. It is the success of each test, a numerical value greater than or equal to 0 but less than or equal to 1.
- Num-success It is the minimum number of successes in the tests to calculate the probability.
- No.-success2. It is the maximum number of successes in the tests for which you want to calculate the probability.
Step by step to use the function
To apply the DISTR. BINOM. SERIES, in the Excel program you must follow, at the bottom of the letters, the following steps:
- Select a cell where you want to see the result.
- Click on the icon that says “Insert function ∑“, which is located in the upper toolbar. Although there are two other ways to do it: Right-click on the selected cell and choose the function “Insert function” that appears in the menu. Press the icon that can be found in the formula bar.
- Select the group of statistical functions from the list.
- Click on the BINOM.DISTRY SERIES function.
- Enter the corresponding arguments separated by commas. (For understanding, the following values will be used: 56-0,28-20-31).
- Hit the Enter button and the rest will be done by the program itself.
Note: The result obtained that returns the binomial distribution based on the probability of 31 successes out of 56 trials and a 28% probability of success. Therefore, the final result is 0.05038, but it can be interpreted as 5.038%. Which lets us know what the probability of success in the desired equation would be.
Similarly, the values previously entered manually can be added one by one in a different box, then, when writing the function in the selected cell, you will simply have to select one by one the boxes with the necessary values to perform the statistical function.
Either way, you can take a good look at the photo in case you got lost in any of the steps. At the same time, the following points must be taken into account before performing this function:
- If a value set in the box is outside its limits (BINOM), the same formula will tell you #NUM! #VALUE!.
- If any argument written in the boxes is not numeric, what it will show will be the same result as the previous explanation.
- Excel itself is applying the following equation: N is the trials, p is Prob-success, s is Num-successes, s2 is Num-successes2, and k is the interaction variable.
- Numeric arguments are truncated to whole numbers.
Learning to use the Excel function BINOM.DIST SERIES is as simple as creating a monthly calendar. Using these tools requires concentration, nothing more.
The results will be as truthful as a computer and can be carried out within seconds, and you can even task in Excel will be more bearable, the only thing that should be taken into account, except that is You can use more than one formula, you have to be focused when entering the data so that they are not erroneous.
Since this tool reduces time to results, it is better to use it to get tangled up in a lot of numbers. Also, you can count that using Excel no result will go wrong unless the data entered is wrong.
What is the syntax to use FACT and FACT DOUBLE function in Excel?
In this article, we will give you information about the syntax to use the FACT and FACT DOUBLE functions in the Excel program. Using the wide variety of the Office suite for many could be extremely difficult at first glance, but the truth is that as difficult as it may seem at first, its operation cannot be simpler, like using Excel sheets.
What is the syntax for using the FACT function?
The factorial is the number that is equal to 1 * 2 * 3…. In short, it is the non-negative number of the factorial that you want to obtain, therefore, the calculation must be done with a whole number, otherwise, it will be truncated.
Generally, a factorial, or FACT, is used in Excel to count numbers in ways that a group of different items can be arranged.
Example of formulas to use the FACT in Excel
- = FACT (number to find the factorial)
The formula itself is very simple to use, all you have to do is click on the box in which you want to calculate and write that formula. The number to which you want to find the factorial can be placed by hand or you can select a box with the data to be calculated.
Example: If you want to find the factorial of 5, it could be done manually by multiplying 1 * 2 * 3 * 4 * 5, or using the FACT formula, placing the number 5 in the parentheses, whatever the result will be 120.
On the other hand, if the factorial of a negative number is searched, such as -5, Excel itself will reflect the following in the box: #NUM !, which means that the formula used is wrong or that said formula is wrongly used since you can only find the factorial to a whole number.
What is the syntax for using the FACT DOUBLE function?
DOUBLE FACT only returns the double factorial of a number, that is, it solves the value of whose double factorial you want to obtain. Like the FACT function, this must be used with an integer, otherwise, Excel will show you #NUM! , and if in any case the formula was misspelled or a non-numeric digit was entered, the value will become a #VALUE! error.
Example of formulas to use the DOUBLE FACT in Excel
This formula, like the previous one, is simple and easy to use. You must perform the same procedure of writing the formula = FACT DOUBLE (integer) or choose a box where this number is found from which to obtain the double factorial.
Example: The double factorial can be obtained from an even number as well as from odd. If you want to obtain the double factorial of 8, you can use the formula to do it faster or draw manually, which is equivalent to 8 * 6 * 4 * 2, which does not matter: 384.
If in this case, the factorial is odd, like the number 7, the formula remains the same, and the manual calculation would be 7 * 5 * 3, which equals: 105.
Excel is a powerful weapon for anyone who has taken the trouble to learn and practice its many formulas creating spreadsheets, even if it is for the most basic sense it is comfortable for people to perform simple tables, graphs, and calculations.
Thousands of people around the world use Excel today for multiple functions, in the professional field of finance, or for more basic use of small operations on a school scale, or micro-business.
In addition, with Excel, you can create from a drop-down list in Excel or a conditional list, remove blank spaces and make forecasts and product sales projections.
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