Month-to-Date (MTD) Stock Price Return: Google Sheets Formula

Last Updated on 21/05/2023 by Ndanileka

WHAT IS A MONTH TO DATE RETURN (MTD)?

Month-to-date (MTD) return measures the percentage change in the stock price from the beginning of the current month to the current date.
It is calculated by subtracting the previous month’s close from the current price and then dividing the sum by the previous month’s close.

month to date calculation
Month to Date Calculation

MTD = ( ( Today’s Price – Last Month Close Price) / Last Month Close Price ) * 100
= (( 97.25 – 84.00 ) / 84.00) x 100
= 15.77 %

To simply our equation, we can express the above sum as,
= ( (97.25 / 84 ) -1) *100
= 15.77%



MONTH-TO-DATE GOOGLE SHEETS FORMULA

The Month-to-Month tutorial provides detailed information about making date requests for parsing the last day of the month in Google Sheets. To gain an understanding of this topic, it is advised to refer to the “GOOGLE SHEETS MONTH-END DATE PARSING” section and read through it.

For the below example, Cell B1 = ” AMZN” ( Amazon.com, Inc. )

Step 1 Request Close Price ( Last Month)

Step 1.1 Request The Last 5 Days

=QUERY(GOOGLEFINANCE(B1,"CLOSE",EOMONTH(today(),-1)-5,EOMONTH(today(),-1)+1))
Return Last 5 Days of the month close prices
Return Last 5 Days of the month close prices

Step 1.2 Return Close Price as a Single Value

Use the QUERY() function to select and sort the “close prices” by date in descending order, limit the request to one value, and remove the column label.

=QUERY(GOOGLEFINANCE(B1,"CLOSE",EOMONTH(today(),-1)-5,EOMONTH(today(),-1)+1),"SELECT Col2 ORDER BY Col1 DESC LIMIT 1LABEL Col2 ''")
Last Day of the Month Close Price as a Single Value
Last Day of the Month Close Price as a Single Value

Step 2 Request Today’s Current Price

=GOOGLEFINANCE(B1,"PRICE")
Current Price google sheets formula
Current Price

Step 3 Complete the MTD formula
MTD = (Step 2 / Step 1.2) -1 ) format as percentage

=      (GOOGLEFINANCE(B1,"PRICE")/QUERY(GOOGLEFINANCE(B1,"CLOSE",EOMONTH(today(),-1)-5,EOMONTH(today(),-1)+1),"SELECT Col2 ORDER BY Col1 DESC LIMIT 1LABEL Col2 ''"))-1
Month-to-Date Google Sheets Formula
Month-to-Date Google Sheets Formula

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