# The Basics Of Stock Tracking In Excel

Friday, April 21st 2023. | Sample Templates

# The Basics of Stock Tracking in Excel

## What is Stock Tracking?

Stock tracking is the process of monitoring and recording the changes in the value of stocks over time. It can be done manually, but it is much easier and more convenient to do it in an Excel spreadsheet. By tracking your stocks in an Excel sheet, you can easily monitor changes in the stock market and make decisions quickly.

## What Do You Need to Track Stocks?

In order to track stocks in Excel, you need to have a spreadsheet or template that has been set up to track stocks. There are many templates available online that you can download and customize to your needs. You will need to enter the stock symbol, the purchase price, the current price, and any dividends that are paid out. You will also need to enter the date of the purchase and any other data that you want to track.

## How to Track Stocks in Excel

Once you have your spreadsheet set up, you can begin tracking stocks in Excel. To do this, you will need to create a column for each stock symbol that you are tracking. Then, you will need to enter the purchase price and the current price of each stock. You can also enter any dividends that are paid out. Finally, you can enter the date of the purchase and any other data that you want to track.

## Using Formulas to Track Stocks in Excel

If you want to use formulas to track stocks in Excel, you will need to set up a formula for each stock symbol. For example, if you want to track the stock of Microsoft, you might use the formula =(C2*A2)/B2+D2. This formula will calculate the current value of the stock based on the purchase price, the current price, and any dividends that are paid out.

## Making Decisions with Stock Tracking in Excel

Once you have your stock tracking set up in Excel, you can use it to make decisions regarding which stocks to buy and sell. By tracking the performance of stocks over time, you can decide which stocks are likely to have a good return on investment. You can also use the data to determine which stocks are likely to be more volatile than others. This can help you make better decisions when investing in stocks.

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