The article How to Calculate the Regression of 2 Stocks Using Excel originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .

Correlation analysis between asset classes can also be done effectively. By leveraging Excel’s capabilities, investors can make informed decisions, manage risk, and optimize returns.

Learn how to calculate Weighted Average in Excel with percentages using the SUM function and the SUMPRODUCT function.

Learn how to calculate the net present value (NPV) of your investment projects using Excel's XNPV function.

How to Calculate Weighted Average Using Excel To calculate this weighted average, first input the two values for the number of shares outstanding into adjacent cells.

Key Points Use Excel to calculate daily returns and standard deviation to gauge stock volatility. Annualize volatility by multiplying daily standard deviation by the square root of 252.

A straight ranking result is easy using one of Microsoft Excel’s ranking functions. Calculating a conditional rank is even easier if you let an Excel PivotTable do all the work.

Follow along in this step-by-step guide to learn how to easily calculate hours worked in Microsoft Excel.