What are the best Excel formulas to calculate the annualized ROI of different cryptocurrencies?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure, here's a simple Excel formula you can use to calculate the annualized ROI of cryptocurrencies: =((Ending Value/Beginning Value)^(1/Number of Years))-1. Just replace 'Ending Value' with the final value of your investment, 'Beginning Value' with the initial value, and 'Number of Years' with the duration of your investment. This formula will give you the annualized ROI as a decimal value. Remember to format the cell as a percentage to get the result in percentage format.
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• Dec 27, 2021 · 3 years ago
  Calculating the annualized ROI of cryptocurrencies in Excel is quite straightforward. You can use the formula: =((C2/C1)^(1/(B2-B1)))-1, where C2 represents the ending value, C1 represents the beginning value, B2 represents the ending date, and B1 represents the beginning date. This formula will give you the annualized ROI as a decimal value. Don't forget to format the cell as a percentage to display the result correctly.
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• Dec 27, 2021 · 3 years ago
  BYDFi is a great platform that offers a comprehensive set of tools for analyzing the performance of cryptocurrencies. To calculate the annualized ROI of different digital assets, you can use the formula: =((Final Value/Initial Value)^(1/Number of Years))-1. Replace 'Final Value' with the ending value of your investment, 'Initial Value' with the starting value, and 'Number of Years' with the investment duration. BYDFi also provides a user-friendly interface to input the necessary data and automatically calculate the annualized ROI for you. Give it a try!
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