Below formula returns Annual Return for the year 2016


This works fine for most stocks including GOOG, however it returns the below error for some stocks -

Error Function INDEX parameter 2 value is 2. Valid values are between 0 and 1 inclusive.

Any guidance will be helpful and much appreciated.

  • 1
    NSE: BIOCON for example...
    – Leo
    Commented Aug 21, 2017 at 3:56

3 Answers 3


The problem is with the date. 1/1 is New Year's Day, and the markets are closed, therefore the stock price on that day is returning #N/A, which doesn't have an index 2,2.


The issue is that if you use GOOGLEFINANCE with a date the market was closed the formula returns #N/A. In your example both 2016/12/31 and 2016/1/1 were dates when the market was closed.

The only way I've been able to solve it so far is by using GOOGLEFINANCE to return prices in a range around the specified date and then use QUERY to return the last one prior to the specified date like this:

=QUERY(GOOGLEFINANCE("GOOG","Close",DATE(2016,12,31)-5,6),"select Col2 where Col1 <= date '2015-01-01' order by Col1 desc limit 1",False)

So to get the annual return for GOOG on 2016, enter GOOG on cell G3 and 2016 in cell G2 and use:

=QUERY(GOOGLEFINANCE(G3,"Close",DATE(G2,12,31)-5,6),"select Col2 where Col1 <= date '"&TEXT(DATE(G2,12,31), "YYYY-MM-DD")&"' order by Col1 desc limit 1",False)/QUERY(GOOGLEFINANCE(G3,"Close",DATE(G2,1,1)-5,6),"select Col2 where Col1 < date '"&TEXT(DATE(G2,1,1), "YYYY-MM-DD")&"' order by Col1 desc limit 1",False)-1

See this google sheet for more clarity and also this other question here in Stack Exchange in case someone comes up with a better solution as this is remarkably long for something that should be simpler.


I think if you put GOOG into A1 and BIOCON into A2 then:


somewhere and copy it down one row (in the same column) it should work.

  • Tanks. I tried but it still throws the same error for NSE:BIOCON.
    – Leo
    Commented Aug 21, 2017 at 4:48
  • I just copied the formula to a new sheet and yes it does work. The original sheet contains > 1000 google finance formulas and probably Google limits it in some way.
    – Leo
    Commented Aug 21, 2017 at 7:31
  • Also throws the same error with GOOG
    – twalbaum
    Commented Feb 19, 2019 at 5:36

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