DESCRIPTION
A monthly return measures the percentage change in the price of a stock over a single month, indicating its performance during that specific period. Traders commonly use monthly returns to track and assess the performance of an asset.
MONTH-TO-DATE FORMULA
Month-to-date (MTD) refers to the continuous period from the beginning of the current month up to the present day. It provides traders with a real-time measure of the price performance within the current month, allowing them to analyze the stock’s progress over this period.
=(GOOGLEFINANCE(B1,"PRICE")/QUERY(GOOGLEFINANCE(B1,"CLOSE",EOMONTH(today(),-1)-5,EOMONTH(today(),-1)+1),"SELECT Col2 ORDER BY Col1 DESC LIMIT 1LABEL Col2 ''"))-1MONTH-TO-MONTH FORMULA
Month-to-month (MTM) involves comparing the price performance of a stock between two consecutive months. It calculates the percentage change in price from the end of one month to the end of the following month.
=(QUERY(GOOGLEFINANCE(B1,"CLOSE",EOMONTH(today(),-1)-5,EOMONTH(today(),-1)+1),"SELECT Col2 ORDER BY Col1 DESC LIMIT 1 LABEL Col2 ''")/QUERY(GOOGLEFINANCE(B1,"CLOSE",EOMONTH(today(),-2)-5,EOMONTH(today(),-2)+1),"SELECT Col2 ORDER BY Col1 DESC LIMIT 1 LABEL Col2 ''"))-1 SPREADSHEET
The spreadsheet for monthly returns tracks the stock price performance for six months.
Column C records the current month’s performance using the MTD (Month-to-Date) formula.
Columns D to H capture the performance of the five months preceding the current month using the MTM formula. You can modify the formula accordingly if you wish to expand the tracking period.
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Month-to-Date Formula Tutorial
Month-to-Month Formula Tutorial