9 Array Formulas for Financial Analysis
9 Array Formulas for Financial Analysis
1️⃣ MMULT
→ Multiplies two matrices together and returns the result as an array, perfect for complex calculations.
2️⃣ SORT
→ Sorts the contents of a range or array, streamlining data organization and retrieval.
3️⃣ FILTER
→ Filters a range or array to include only those entries that meet specified criteria, enhancing data relevance.
4️⃣ TRANSPOSE
→ Switches the orientation of a range or array, converting rows to columns or vice versa.
5️⃣ UNIQUE
→ Returns a list of unique values from a range or array, eliminating duplicates and simplifying analysis.
6️⃣ SUMPRODUCT
→ Calculates the sum of products of corresponding array components, useful for weighted calculations.
7️⃣ INDEX
→ Retrieves a value or reference to a value within a range or array, highly versatile for dynamic data retrieval.
8️⃣ SEQUENCE
→ Generates a sequence of numbers, aiding in automated data entry and analysis setups.
9️⃣ MATCH
→ Searches for a specified value within a range or array and returns its relative position, essential for precise data location.
Leverage these Excel functions to elevate your data analysis and financial modeling skills.
Excel is not just a tool, but a skillset that can set you apart in the professional world.
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