About NumXL
NumXL is a suite of time series and econometric analysis tools that integrates into Microsoft Excel.
NumXL, from Spider Financial, is an add-in that transforms Microsoft Excel into a powerful platform for time series analysis and econometrics. Aimed at finance professionals, researchers, and students, it provides a comprehensive suite of statistical tools without requiring programming knowledge. Key features include ARMA/ARIMA and GARCH modeling, various statistical tests, data smoothing, and forecasting. The software integrates directly into Excel, allowing users to work within a familiar environment. Pricing is subscription-based with monthly and annual options, as well as a perpetual license. A 14-day free trial is available. Support is provided via a help center, documentation, and email, with phone support for premier customers. NumXL is designed for Windows-based Excel and does not have a native Mac version.
Pros & Cons
- Transforms Microsoft Excel into a powerful statistical modeling environment without coding required.
- Enables seamless sharing of models and results within a single native Excel file format.
- Provides specialized econometric tools tailored specifically for quantitative financial analysis.
- Features dynamic linking that instantly recalculates model forecasts as input data updates.
- Includes user friendly wizards that guide non programmers through technical statistical tests.
- Requires Microsoft Excel installed on a supported desktop platform to function properly.
- Lacks a modern web browser interface for cloud native data modeling without Excel desktop.
- May experience performance bottlenecks when handling extremely massive high frequency datasets.
- Interface relies heavily on traditional Excel menus which can feel cluttered to new users.
- Limited standalone graphical capabilities compared to specialized data science platforms.
Features
Key features
Examine significance and verify assumptions for normality, stationarity, cointegration, and more.
Build and validate ARMA/ARIMA and GARCH family models for analysis and forecasting.
Remove noise and uncover underlying components like level, trend, and seasonality from data.
Generate forecasts from various time series models directly within Excel.
Includes tools for autocorrelation (ACF), cross-correlation (XCF), and exponentially-weighted cross-correlation (EWXCF).
Provides tools to transform sample data for better analysis results.
Analyze portfolio returns, variance, covariance, and calculate Value at Risk (VaR).
Additional features
Quantitatively describe key metrics for location, dispersion, and distribution shape.
Construct fitting curves using interpolation, smoothing, or non-parametric algorithms.
Sort, shuffle, or draw subsets of observations from sample data.
Account for date and calendar-related issues in time series analysis.
Decompose time series into a spectrum of primary components using methods like DFT and Filtering.
Process data in text format, handle missing values, and manipulate arrays in Excel.
Pricing
Monthly plans
- Full Features
- Support & Updates
- 1-month subscription
Excluded from the 30-day money-back guarantee; no hidden fees; includes maintenance and support.
Source: vendor pricing page →Annual plans
- Full Features
- Support & Updates
- 12-month subscription
Covered by the 30-day money-back guarantee; no hidden fees; includes maintenance and support.
Source: vendor pricing page →One-time purchase
- Full Features
- Support & Updates
- Perpetual License
Includes 12 months of support and updates at no extra charge and covered by the 30-day money-back guarantee.
Source: vendor pricing page →Countries & Languages
Interface languages
Billing currencies
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About NumXL
NumXL is a suite of time series and econometric analysis tools that integrates into Microsoft Excel.
NumXL Details
NumXL's In-App Market Place
Does NumXL have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Plans
Monthly plans
- Full Features
- Support & Updates
- 1-month subscription
Excluded from the 30-day money-back guarantee; no hidden fees; includes maintenance and support.
Source: vendor pricing page →Annual plans
- Full Features
- Support & Updates
- 12-month subscription
Covered by the 30-day money-back guarantee; no hidden fees; includes maintenance and support.
Source: vendor pricing page →One-time purchase
- Full Features
- Support & Updates
- Perpetual License
Includes 12 months of support and updates at no extra charge and covered by the 30-day money-back guarantee.
Source: vendor pricing page →Accepted Payment Currencies
USD
Pros & Cons
- Transforms Microsoft Excel into a powerful statistical modeling environment without coding required.
- Enables seamless sharing of models and results within a single native Excel file format.
- Provides specialized econometric tools tailored specifically for quantitative financial analysis.
- Features dynamic linking that instantly recalculates model forecasts as input data updates.
- Includes user friendly wizards that guide non programmers through technical statistical tests.
- Requires Microsoft Excel installed on a supported desktop platform to function properly.
- Lacks a modern web browser interface for cloud native data modeling without Excel desktop.
- May experience performance bottlenecks when handling extremely massive high frequency datasets.
- Interface relies heavily on traditional Excel menus which can feel cluttered to new users.
- Limited standalone graphical capabilities compared to specialized data science platforms.
NumXL's Support Options
Email Address
info@numxl.comContact
+1 (312) 324-0367Community Forums
https://support.numxl.com/hc/en-us/community/topicsNumXL's Alternatives
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