Google Sheets add-on, it becomes significantly easier. This powerful tool allows users to retrieve and analyze stock data directly within their spreadsheets, saving time and effort.\u00a0<\/span><\/p>\nWhether you need<\/span> financial statements, key metrics, live price data, dividend data, historical price data, or even ETF and fund information<\/b>, Wisesheets provides a range of functions to meet your needs. In this article, we will explore how to effectively use the Wisesheets add-on to retrieve and analyze stock data, along with practical examples and tips.<\/span><\/p>\n[\/et_pb_text][et_pb_text module_id=”years” _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
Years of financial statements in seconds<\/span><\/h2>\n[\/et_pb_text][et_pb_image src=”https:\/\/static.sheetgo.com\/wp-content\/uploads\/2023\/06\/image2.png” title_text=”image2″ align=”center” _builder_version=”4.20.2″ _module_preset=”default” width=”640px” width_tablet=”640px” width_phone=”100%” width_last_edited=”on|phone” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
One of the standout features of Wisesheets is the Statement Dump functionality, which provides users with a comprehensive overview of a company’s financials. By simply selecting the Statement Dump option, users can retrieve income statements, balance sheets, cash flow statements, key metrics, and growth metrics annually or quarterly, all directly onto their spreadsheets. This feature offers immense value by allowing users to access up to 19 years of data or 72 quarters, depending on their preference.<\/span><\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/static.sheetgo.com\/wp-content\/uploads\/2023\/06\/image7.png” title_text=”image7″ align=”center” _builder_version=”4.20.2″ _module_preset=”default” width=”640px” width_tablet=”640px” width_phone=”100%” width_last_edited=”on|phone” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
The ability to obtain financial statements in a standardized format or as reported to the SEC (Securities Exchange Commission) provides flexibility for users. By selecting the SEC as reported financials option, users can choose between annual or quarterly data, depending on their analysis requirements. It is important to note that this option is only applicable to companies that report to the SEC.<\/span><\/p>\n[\/et_pb_text][et_pb_text module_id=”templates” _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
Utilizing Prebuilt Stock Analysis Templates:
<\/span><\/h2>\n[\/et_pb_text][et_pb_image src=”https:\/\/static.sheetgo.com\/wp-content\/uploads\/2023\/06\/image1.png” title_text=”image1″ align=”center” _builder_version=”4.20.2″ _module_preset=”default” width=”640px” width_tablet=”640px” width_phone=”100%” width_last_edited=”on|phone” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
To further expedite your analysis process, Wisesheets offers prebuilt stock analysis templates that have been created by the community of users and developers. These templates cover various analysis models, including discounted cash flow (DCF), stock trackers, analysis dashboards, and more.<\/span><\/p>\nThey leverage the functions described below to provide you with all the data you need for different types of analysis.<\/span><\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/static.sheetgo.com\/wp-content\/uploads\/2023\/06\/image8.png” title_text=”image8″ align=”center” _builder_version=”4.20.2″ _module_preset=”default” width=”640px” width_tablet=”640px” width_phone=”100%” width_last_edited=”on|phone” global_colors_info=”{}” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
To download and modify these templates, you can navigate to the Wise Templates menu within the add-on. From there, you can browse the available selection of templates, upvote or downvote them, and even upload your own templates.<\/span><\/p>\nOnce you download a template, you can make changes and tailor it to your specific analysis requirements. By leveraging these prebuilt templates, you can kickstart your analysis and save valuable time by avoiding the need to create complex spreadsheets from scratch.<\/span><\/p>\n[\/et_pb_text][et_pb_text module_id=”retrieving” _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n
Retrieving specific financial and fundamental data<\/span><\/h2>\nWisesheets offers a powerful function called WISE that enables users to retrieve financials, key metrics, revenue segments, analyst estimates, and more. The syntax for the WISE function is as follows:<\/span><\/p>\n=WISE(“ticker”, “parameter\/s”, “period\/s”, [“quarter”])<\/span><\/p>\nLet’s look at a few examples to better understand the usage of the WISE function:<\/span><\/p>\nTo retrieve the Return on Equity (ROE) for Apple Inc. for the trailing twelve months, you can use the following function:<\/span><\/p>\n=WISE(“AAPL”,”ROE”,”TTM”)<\/span><\/p>\n[\/et_pb_text][et_pb_image src=”https:\/\/static.sheetgo.com\/wp-content\/uploads\/2023\/06\/image10.png” title_text=”image10″ align=”center” _builder_version=”4.20.2″ _module_preset=”default” width=”400px” width_tablet=”400px” width_phone=”100%” width_last_edited=”on|phone” global_colors_info=”{}” width__hover_enabled=”on|desktop” width__hover=”400px” theme_builder_area=”post_content”][\/et_pb_image][et_pb_text module_id=”WISEPRICE” _builder_version=”4.20.2″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n