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Trendline with standard deviation
I have a historical stock price chart into which I've inserted a
trendline; I'd like to now show a line graph with one standard deviation above the trendline and one below; ideas please? |
Answer: Trendline with standard deviation
Here's how you can add a standard deviation to your trendline in Excel:
If you want to customize the appearance of these lines, you can do so by selecting them and using the formatting options in the "Format Data Series" pane that appears on the right-hand side of your screen. |
Trendline with standard deviation
Hi Rf,
Say your x data is in A1:A10 and your y data in B1:B10 Put this in C1 =TREND(B1:B10,A1:A10,A1)+STDEV(B1:B10) (note the A1 is for the *first* point in your series) and this in C2 =TREND(B1:B10,A1:A10,A10)+STDEV(B1:B10) (note the A10 is for the *last* point in your series) Now go to source data and add a series with X-Values =(Sheet1!$A$1,Sheet1!$A$10) Y-Values =Sheet1!$C$1:$C$2 You can then set the series to show a line but no marker or add a trendline if you wish. HTH Martin wrote in message ... I have a historical stock price chart into which I've inserted a trendline; I'd like to now show a line graph with one standard deviation above the trendline and one below; ideas please? |
Trendline with standard deviation
And, if you would prefer to use the "standard error of estimate,"
approximately equal to the standard deviation of the residuals, use the STEYX worksheet function instead of STDEV. - Mike Middleton http://www.DecisionToolworks.com Decision Analysis Add-ins for Excel "MartinW" wrote in message ... Hi Rf, Say your x data is in A1:A10 and your y data in B1:B10 Put this in C1 =TREND(B1:B10,A1:A10,A1)+STDEV(B1:B10) (note the A1 is for the *first* point in your series) and this in C2 =TREND(B1:B10,A1:A10,A10)+STDEV(B1:B10) (note the A10 is for the *last* point in your series) Now go to source data and add a series with X-Values =(Sheet1!$A$1,Sheet1!$A$10) Y-Values =Sheet1!$C$1:$C$2 You can then set the series to show a line but no marker or add a trendline if you wish. HTH Martin wrote in message ... I have a historical stock price chart into which I've inserted a trendline; I'd like to now show a line graph with one standard deviation above the trendline and one below; ideas please? |
Trendline with standard deviation
On Nov 29, 11:49 am, "MartinW" wrote:
Hi Rf, Say your x data is in A1:A10 and your y data in B1:B10 Put this in C1 =TREND(B1:B10,A1:A10,A1)+STDEV(B1:B10) (note the A1 is for the *first* point in your series) and this in C2 =TREND(B1:B10,A1:A10,A10)+STDEV(B1:B10) (note the A10 is for the *last* point in your series) Now go to source data and add a series with X-Values =(Sheet1!$A$1,Sheet1!$A$10) Y-Values =Sheet1!$C$1:$C$2 You can then set the series to show a line but no marker or add atrendlineif you wish. HTH Martin wrote in message ... I have a historical stock price chart into which I've inserted a trendline; I'd like to now show a line graph with one standard deviation above thetrendlineand one below; ideas please?- Hide quoted text - - Show quoted text - Cool!!!!! |
Trendline with standard deviation
On Nov 29, 1:03 pm, "Mike Middleton" wrote:
And, if you would prefer to use the "standard error of estimate," approximately equal to the standard deviation of the residuals, use the STEYX worksheet function instead of STDEV. - Mike Middletonhttp://www.DecisionToolworks.com Decision Analysis Add-ins for Excel "MartinW" wrote in message ... Hi Rf, Say your x data is in A1:A10 and your y data in B1:B10 Put this in C1 =TREND(B1:B10,A1:A10,A1)+STDEV(B1:B10) (note the A1 is for the *first* point in your series) and this in C2 =TREND(B1:B10,A1:A10,A10)+STDEV(B1:B10) (note the A10 is for the *last* point in your series) Now go to source data and add a series with X-Values =(Sheet1!$A$1,Sheet1!$A$10) Y-Values =Sheet1!$C$1:$C$2 You can then set the series to show a line but no marker or add atrendlineif you wish. HTH Martin wrote in message ... I have a historical stock price chart into which I've inserted a trendline; I'd like to now show a line graph with one standard deviation above thetrendlineand one below; ideas please?- Hide quoted text - - Show quoted text - Thanks! |
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