Skip to main content

DAX Financial Functions

Power BI's DAX (Data Analysis Expressions) language includes a variety of financial functions that can be utilized for financial analysis and reporting purposes. Here are some commonly used financial functions in Power BI DAX:


CUMIPMT: This function calculates the cumulative interest paid on a loan between two specified periods.

CUMIPMT(rate, nper, pv, start_period, end_period, type)


CUMPRINC: Similar to CUMIPMT, but it calculates the cumulative principal paid on a loan between two specified periods.

CUMPRINC(rate, nper, pv, start_period, end_period, type)


DURATION: Calculates the Macaulay duration of a security that pays periodic interest.

DURATION(settlement, maturity, coupon, yld, frequency, [basis])


FV: Calculates the future value of an investment based on periodic, constant payments and a constant interest rate.

FV(rate, nper, pmt, [pv], [type])


IPMT: Calculates the interest payment for a given period of an investment.

IPMT(rate, per, nper, pv, [fv], [type])


IRR: Calculates the internal rate of return for a series of cash flows.

IRR(values, [guess])


MIRR: Calculates the modified internal rate of return for a series of cash flows, including both reinvestment and financing cash flows.

MIRR(values, finance_rate, reinvest_rate)


NPER: Calculates the number of payment periods for an investment based on constant periodic payments and a constant interest rate.

NPER(rate, pmt, pv, [fv], [type])


NPV: Calculates the net present value of an investment based on a series of periodic cash flows and a discount rate.

NPV(rate, value1, [value2], ...)


PMT: Calculates the periodic payment for an annuity investment based on constant payments and a constant interest rate.

PMT(rate, nper, pv, [fv], [type])


These are just a few examples of financial functions available in Power BI's DAX language. Each function serves a specific purpose in financial analysis and reporting, allowing users to perform various calculations efficiently within Power BI reports and dashboards.

Comments

Post a Comment

Popular posts from this blog

TechUplift: Elevating Your Expertise in Every Click

  Unlock the potential of data with SQL Fundamental: Master querying, managing, and manipulating databases effortlessly. Empower your database mastery with PL/SQL: Unleash the full potential of Oracle databases through advanced programming and optimization. Unlock the Potential of Programming for Innovation and Efficiency.  Transform raw data into actionable insights effortlessly. Empower Your Data Strategy with Power Dataware: Unleash the Potential of Data for Strategic Insights and Decision Making.
Post a Comment
Read more

SQL Fundamentals

SQL, or Structured Query Language, is the go-to language for managing relational databases. It allows users to interact with databases to retrieve, manipulate, and control data efficiently. SQL provides a standardized way to define database structures, perform data operations, and ensure data integrity. From querying data to managing access and transactions, SQL is a fundamental tool for anyone working with databases. 1. Basics of SQL Introduction : SQL (Structured Query Language) is used for managing and manipulating relational databases. SQL Syntax : Basic structure of SQL statements (e.g., SELECT, INSERT, UPDATE, DELETE). Data Types : Different types of data that can be stored (e.g., INTEGER, VARCHAR, DATE). 2. SQL Commands DDL (Data Definition Language) : CREATE TABLE : Define new tables. ALTER TABLE : Modify existing tables. DROP TABLE : Delete tables. DML (Data Manipulation Language) : INSERT : Add new records. UPDATE : Modify existing records. DELETE : Remove records. DQL (Da...
Post a Comment
Read more

DAX Functions

These are just some of the many DAX functions available in Power BI. Each  function serves a specific purpose and can be used to perform a wide range of calculations and transformations on your data. Aggregation Functions: SUM : Calculates the sum of values. AVERAGE : Calculates the arithmetic mean of values. MIN : Returns the smallest value in a column. MAX : Returns the largest value in a column. COUNT : Counts the number of rows in a table or column. COUNTA : Counts the number of non-blank values in a column. DISTINCTCOUNT : Counts the number of unique values in a column. Logical Functions: IF : Returns one value if a condition is true and another value if it's false. AND : Returns TRUE if all the conditions are true, otherwise FALSE. OR : Returns TRUE if any of the conditions are true, otherwise FALSE. NOT : Returns the opposite of a logical value. Text Functions: CONCATENATE : Concatenates strings together. LEFT : Returns the leftmost characters from a text string. RIGHT : Ret...
Post a Comment
Read more