Most Important Excel advance Formulas

Excel advance Formulas 

There are many advanced formulas in Microsoft Excel that can help you perform complex calculations and analyze data. Some of the most commonly used advanced formulas are:

1. IF function: Allows you to perform conditional calculations based on the value of a cell.

2. VLOOKUP function: Searches for a value in the first column of a table and returns a corresponding value from another column in the same row.

3. INDEX and MATCH: A combination of two functions that can be used together to perform advanced lookups.

4. SUMIF and SUMIFS: Sums the values of cells based on specified conditions.

5. AVERAGEIF and AVERAGEIFS: Averages the values of cells based on specified conditions.

6. COUNTIF and COUNTIFS: Counts the number of cells that meet specified conditions.

7. MAX and MIN: Returns the largest or smallest value in a range of cells.

8. CONCATENATE: Joins two or more strings of text into one string.

9. TEXT: Converts a number to text in a specific format.

10. DATEDIF: Calculates the difference between two dates in a specified unit of time, such as days, months, or years.

These are just a few examples of the many advanced formulas available in Excel. To learn more, you can consult The Brain Amit You Tube Channel Help or take online tutorials.

Basic Math and Arithmetic Functions

1. SUM(range) - Adds up all numbers in the range.
2. AVERAGE(range) - Calculates the average of numbers in the range.
3. MIN(range) - Finds the smallest number in the range.
4. MAX(range) - Finds the largest number in the range.
5. COUNT(range) - Counts the number of numeric entries in the range.
6. COUNTA(range) - Counts all non-empty cells in the range.
7. ROUND(number, num_digits) - Rounds a number to a specified number of digits.
8. ROUNDUP(number, num_digits) - Rounds a number up to the nearest digit.
9. ROUNDDOWN(number, num_digits) - Rounds a number down to the nearest digit.
10. PRODUCT(range) - Multiplies all numbers in the range.

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Text Functions

1. CONCATENATE(A1, B1) / TEXTJOIN(delimiter, ignore_empty, range) - Joins multiple text strings into one.
2. LEFT(text, num_chars) - Extracts characters from the beginning of a string.
3. RIGHT(text, num_chars) - Extracts characters from the end of a string.
4. MID(text, start_num, num_chars) - Extracts characters from the middle of a string.
5. LEN(text) - Counts the number of characters in a string.
6. TRIM(text) - Removes all extra spaces from text except for single spaces.
7. UPPER(text) - Converts text to uppercase.
8. LOWER(text) - Converts text to lowercase.
9. PROPER(text) - Capitalizes the first letter of each word in a string.
10. FIND(find_text, within_text, [start_num]) - Finds the position of a substring within text.
11. SUBSTITUTE(text, old_text, new_text, [instance_num]) - Replaces old text with new text.

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Logical Functions

1. IF(logical_test, value_if_true, value_if_false) - Returns different values based on a logical condition.
2. AND(condition1, condition2, ...) - Returns TRUE if all conditions are TRUE.
3. OR(condition1, condition2, ...) - Returns TRUE if any condition is TRUE.
4. NOT(condition) - Reverses the value of a logical condition.
5. IFERROR(expression, value_if_error) - Returns a value if an error occurs.

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Lookup and Reference Functions

1. VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]) - Searches for a value in the first column and returns a value in the same row.
2. HLOOKUP(lookup_value, table_array, row_index_num, [range_lookup]) - Searches for a value in the first row and returns a value in the same column.
3. INDEX(array, row_num, [column_num]) - Returns the value of a cell at a specific row and column.
4. MATCH(lookup_value, lookup_array, [match_type]) - Returns the position of a value in a range.
5. CHOOSE(index_num, value1, value2, ...) - Returns a value from a list based on its index.
6. OFFSET(reference, rows, cols, [height], [width]) - Returns a reference to a range that is offset from a starting cell.

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Date and Time Functions

1. TODAY() - Returns the current date.
2. NOW() - Returns the current date and time.
3. DATE(year, month, day) - Returns a date based on the year, month, and day.
4. DAY(date) - Extracts the day from a date.
5. MONTH(date) - Extracts the month from a date.
6. YEAR(date) - Extracts the year from a date.
7. WEEKDAY(date, [return_type]) - Returns the day of the week for a date.
8. DATEDIF(start_date, end_date, unit) - Calculates the difference between two dates.
9. WORKDAY(start_date, days, [holidays]) - Returns the date after a given number of workdays.
10. EOMONTH(start_date, months) - Returns the last day of the month.

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Financial Functions

1. PMT(rate, nper, pv, [fv], [type]) - Calculates the payment for a loan.
2. FV(rate, nper, pmt, [pv], [type]) - Calculates the future value of an investment.
3. PV(rate, nper, pmt, [fv], [type]) - Calculates the present value of an investment.
4. NPV(rate, value1, [value2], …) - Returns the net present value of an investment.
5. IRR(values, [guess]) - Returns the internal rate of return.

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Statistical Functions

1. MEDIAN(range) - Returns the median of a range of numbers.
2. MODE(range) - Returns the most frequently occurring number in a range.
3. STDEV.P(range) - Calculates standard deviation (population).
4. STDEV.S(range) - Calculates standard deviation (sample).
5. VAR.P(range) - Calculates variance (population).
6. VAR.S(range) - Calculates variance (sample).
7. RANK.EQ(number, range, [order]) - Returns the rank of a number within a range.

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Advanced and Array Formulas

1. UNIQUE(array) - Returns a list of unique values.
2. FILTER(array, include, [if_empty]) - Filters a range based on criteria.
3. SORT(array, [sort_index], [sort_order], [by_col]) - Sorts a range or array.
4. SEQUENCE(rows, [columns], [start], [step]) - Generates a sequence of numbers.
5. XMATCH(lookup_value, lookup_array, [match_mode], [search_mode]) - Returns the position of a lookup value.