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How can I calculate the annualized ROI for my cryptocurrency investments using Excel?

avatarAmit RawatDec 16, 2021 · 3 years ago1 answers

I want to calculate the annualized ROI for my cryptocurrency investments using Excel. Can you provide me with a step-by-step guide on how to do it?

How can I calculate the annualized ROI for my cryptocurrency investments using Excel?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Calculating the annualized ROI for your cryptocurrency investments using Excel is a piece of cake. Here's how to do it: 1. Open Excel and create a new spreadsheet. 2. In column A, list the dates of your investments. 3. In column B, enter the amount of your initial investment for each date. 4. In column C, enter the current value of your investment for each date. 5. In column D, calculate the daily ROI by subtracting the initial investment from the current value and dividing it by the initial investment. 6. In cell E1, enter the formula "=AVERAGE(D:D)*365" to calculate the annualized ROI. 7. The result in cell E1 will be the annualized ROI for your cryptocurrency investments. That's it! You now have the annualized ROI for your cryptocurrency investments using Excel. Happy investing!