Formula generator for XIRR function
The XIRR function calculates the internal rate of return (IRR) of an investment based on a specified series of potentially irregularly spaced cash flows. It takes into account both the amounts and the dates of the cash flows to determine the rate of return.
Formula generator
Spreadsheet AI is the #1 AI for generating and comprehending Excel and Google Sheets formulas. With its advanced capabilities, it goes beyond the basics by providing support for VBA and custom tasks. Streamline your spreadsheet with Spreadshee AI
How to generate an XIRR formula using AI.
To obtain information on the ARRAY_CONSTRAIN formula, you could ask the AI chatbot the following question: “To get the XIRR formula, you can ask the AI chatbot something like: "What is the formula for calculating XIRR in Excel?" or "Can you provide me with the syntax and usage of the XIRR function in Excel?"”
XIRR formula syntax
The XIRR function in Excel calculates the internal rate of return for a series of cash flows that occur at irregular intervals. The syntax for XIRR is as follows: XIRR(values, dates, guess) - values: This is a required argument that represents the series of cash flows. It should be a range of values or an array constant. - dates: This is a required argument that represents the corresponding dates of the cash flows. It should be a range of dates or an array constant. - guess: This is an optional argument that represents the estimated rate of return. If omitted, Excel uses a default guess of 0.1 (10%). The XIRR function returns the internal rate of return as a decimal value. It is important to note that XIRR may return a #NUM! error if it cannot find a result within 20 iterations or if the values array contains no positive or negative values. Overall, the XIRR function is useful for analyzing the profitability or performance of investments or projects with irregular cash flows.
Use Cases & Examples
In these use cases, we use the XIRR function to calculate the internal rate of return for a series of cash flows. The XIRR function takes into account the dates and corresponding cash flows to determine the rate of return.
Investment Analysis
Description
Calculates the internal rate of return (IRR) for a series of cash flows, taking into account the timing of each cash flow. The IRR is the discount rate that makes the net present value (NPV) of the cash flows equal to zero.
Result
XIRR(cashflow_amounts, cashflow_dates, [rate_guess])
Project Evaluation
Description
Determines the profitability of a project by calculating the internal rate of return (IRR) based on the projected cash flows and their respective dates. The IRR helps in comparing different investment opportunities and making informed decisions.
Result
XIRR(cashflow_amounts, cashflow_dates, [rate_guess])
Portfolio Performance
Description
Evaluates the performance of a portfolio by calculating the internal rate of return (IRR) of the cash flows generated by the investments. The IRR helps in assessing the overall return on investment and comparing it with benchmark indices.
Result
XIRR(cashflow_amounts, cashflow_dates, [rate_guess])
AI tips
Enhance Your Excel Efficiency with AI Tips: Discover our innovative Excel add-in feature, ‘AI Tips.’ Streamline your workflow and boost productivity as AI-powered suggestions offer real-time insights for optimal spreadsheet organization, data analysis, and visualization. Elevate your Excel experience with intelligent recommendations tailored to your unique needs, helping you work smarter and achieve more.
Provide Clear Context
When describing your requirements to the AI, provide clear and concise context about the data you have, the specific task you want to accomplish, and any relevant constraints or conditions. This helps the AI understand the problem accurately.
Include Key Details
Include important details such as column names, data ranges, and specific criteria that need to be considered in the formula. The more precise and specific you are, the better the AI can generate an appropriate formula.
Use Examples
If possible, provide examples or sample data to illustrate the desired outcome. This can help the AI better understand the pattern or logic you are looking for in the formula.
Mention Desired Functionality
Clearly articulate the functionality you want the formula to achieve. Specify if you are looking for lookups, calculations, aggregations, or any other specific operations.