Percent Change (PCTCHANGE)
Percent Change (PCTCHANGE) measures the percentage difference between the current price and a past price. It is the simplest form of momentum and is identical to a Rate of Change (ROC) calculation where the result is typically expressed as a decimal (e.g., 0.05 for 5%).
PCTCHANGE
=PCTCHANGE(data, period) Example Usage
=PCTCHANGE(A2:F500, 1)
Parameters
| Parameter | Type | Description | Status |
|---|---|---|---|
data | Range | The input range of columns containing the Date, Open, High, Low, Close, and Volume data. | Required |
period | Number | The number of periods to look back. Defaults to 1 (daily return). | Optional |
Returns
A two-column array of dates and their corresponding percent change values.