When entered as the reference of a Named range
, it refers to range on the sheet the named range is used on.
For example, create a named range MyName
refering to =SUM(!B1:!K1)
Place a formula on Sheet1
=MyName
. This will sum Sheet1!B1:K1
Now place the same formula (=MyName
) on Sheet2
. That formula will sum Sheet2!B1:K1
Note: (as pnuts commented) this and the regular SheetName!B1:K1
format are relative, so reference different cells as the =MyName
formula is entered into different cells.