12/17/2023 0 Comments Download eikon datastream excel add inSelecting the firms and downloading firm identifiers.Only work within this datastructure and save your files in the folder "rawdata". Therefore, I recommend klicking on the green button to download "Code" and the content of this repository. Further, you must install the Add-in for Microsoft Excel, which can be downloaded here: Before you startįor unexperienced R users it might seem tricky to get the right directory. To access the Refinitiv Eikon database, your institution needs an account. Alternativesįor very small requests, the Datastream Web Service API might be an alternative ( ). Nevertheless, some templates for the data download are provided. Unfortunately, I cannot provide the full dataset because the data is owned by Refinitiv. Therefore, this repository offers a proposition on how to download and merge Worldscope data via the Refinitiv Eikon Excel Add-in. Due to the lack in a structured dataset, different individuals may result with different data which limits the reproducibility of studies. Refinitiv Eikon offers an unstructured alternative. However, the Compustat access may not be available in some institutions due to its costliness. MotivationĮmpirical databases such as Compustat provide a fully structured dataset of stock quoted firms. To solve this issue simply click the refresh button.This guide aims to be a full instruction on how to download and merge Refinitiv (formerly Thomson Reuters) Datastream Worldscope data into one comprehensive dataset of yearly stock quoted financial statements. 8) Instead of data you get notification of pause These kind of issues explain why some data are accessible from Eikon only. Or Refinitiv could provide payed access to data of other vendors though the Eikon platform. Refinitiv might buy a new data provider and then integrate that with Eikon. However, it might be worthwhile trying both Eikon and Datastream options, because the data content is not identical.Įikon is a platform. The Aalto University Department of Finance does not have access to all the data that is stored in Eikon/Datastream. 7) You think you found the data you want, but you cannot access it See point 5 above on how to do this in practice. Here the solution is to update the “update frequency” to less frequent updating of data. In effect you get no data at all, but instead an error message about how you were about to download too much data. Then change the refresh interval to 1 minute or longer.Ħ) You get error message for downloading too much dataĪs defaut, the Excel plug in will update the data continuously and in some cases the dataflow caused by these updates will reach the upper limit. In these cases, this is how to change the default option: As defaut, the Excel Plug in will update the data continuously and the dataflow caused by these updates slows the computer down. The second approach is a bit more straight forward. For those with some coding skills, the solution might be to operate through the Eikon API. There are two ways to circumvent this problem. In such a case, it might help to input start and end dates into Excel and then refer to these cells. Some users have experienced limited accessibility with the direct click option for start date. Third, data coverage issue might originate from to a bug. There are certain types of data left out from the license agreement with Aalto Department of Finance. Second, it is possible that your data is not covered by the license agreement. Some data is accessible only through Eikon but for some data Datastream reaches further back in time. However, because of process ongoing both should be tries. Now constant integration of datasets makes these highly similar and the goal is to have a single access. Originally Datastream and Eikon where two independent data bases. only reaching two years backįirst of all, try both Datastream and Eikon. The default option is real time data, so you need to click the button for time series.Ĥ) Your data coverage is limited e.g. Within the Thomson Reuters Formula builder there is an icon for time series data. Thus start with the following video “Eikon -Microsoft Office, getting started”. Go to the Eikon search window and type “training”.Īs an academic user, your primary interest is in using Datastream, not Eikon. 2) You have no idea on how to get started using DatastreamĪs a first time user, you should start with some training videos. Then you open Excel again and repeat the “sign in” and “add ons” steps described above. In this case you should first close Excel (and probably other office programs). Now open Excel, go to Thomson Reuters leaflet and click sign in. In case Eikon does not open properly, close window and try again. Go to data room Q301, log into a computer marked with Eikon/Datastream. 1) You are not able to open access Eikon nor Datastream Here are 8 common origins of frustration and how to solve these issues. Frustration arise when you do not get what you need.
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