PRLog (Press Release) –
Feb 21, 2008 – PerTOOLS today announced the launch of Version 5 of its PerTOOLS Financial Analysis for Excel product. This new version introduces UpScaling and DownScaling functionalities. The tool previously computed statistics using monthly time-series data. However, the enhancements in Version 5 allow the tool to accept data of any frequency and then output statistics expressed over any period.
Paul Darvell of PerTOOLS stated “The enhancements in V5 were driven by client feedback. This is a significant step for us as we now have a product that can be used by many more people than before. We are already receiving strong interest for our tools from the Investment Banking sector as well as from our traditional markets”.
Previously PerTOOLS Financial Analysis for Excel was primarily used to analyse investments that reported monthly returns. However, the new enhancements to the product mean that it can now be used for time-series analysis of returns of all frequencies. This enables it to be used to analyse all types of investments and data. The tool can both handle input returns of any frequency and calculate statistics of any frequency. For example daily returns can be used to produce monthly statistics, monthly returns can be used to produce annualised statistics and so on. In fact, the idea even works the other way around whereby (for example) monthly returns can now be used to produce daily statistics if so desired. This new functionality means that PerTOOLS Financial Analysis for Excel is now a valuable tool for everyone analysing any kind of returns or investment data.
PerTOOLS is currently offering free trials of this new product. More information is available on their website at www.pertools.com or through one of their distributors.
