How to Calculate Trading Days Efficiently using Excel

Learn to calculate trading days using Excel's NETWORKDAYS function to exclude weekends and holidays.

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To calculate trading days, follow this formula: Subtract weekends and holidays from the total days in a period. Use the NETWORKDAYS function in Excel or Google Sheets: 'NETWORKDAYS(start_date, end_date, [holidays])' to automate calculations, excluding weekends and specified holidays.

FAQs & Answers

  1. What is the NETWORKDAYS function in Excel? The NETWORKDAYS function calculates the number of working days between two dates, excluding weekends and specified holidays.
  2. Can I customize the holidays in the NETWORKDAYS function? Yes, you can customize which holidays to exclude by adding a range of holiday dates in the NETWORKDAYS function.
  3. How can I calculate trading days for different time periods? You can adjust the start and end date in the NETWORKDAYS function to calculate trading days for any specified time period.
  4. Why is it important to calculate trading days? Calculating trading days is essential for accurate financial analysis and planning, ensuring compliance with trading schedules.