

You’ll then have to specify the “ Input Range“, which are the cells in which the stock returns are stored.

Once you click on the Data Analysis box, choose the “ Histogram” tool. Otherwise, the Data Analysis box would not appear under the Data tab. Note that if you haven’t used Data Analysis before, you need to make sure that the “ Analysis ToolPak“, which is an Excel add-in, is enabled. To plot a histogram in Excel, you need to go to the “ Data” tab and then click on the “ Data Analysis” box. We will be working with the monthly returns of two US stocks: Microsoft (MSFT) and Kellogg (K).

