Solution of the week - Forecasting in Reports
Zoho Analytics now enables you to predict future events, using its forecasting feature. Forecasting in Zoho Analytics uses your past data and comes up with the best prediction for the future.
You can set up a forecast in minutes, without worrying about the underlying complexity. To do this,
- Open the desired chart.
- Click the Settings icon and select the Forecast tab.
- The Add Forecast drop down will list all the possible Y-axis series that can be forecasted.
- Select the desired Y-axis series
- Forecast Length - Number of points to be forecasted.
- Ignore Last - Number of points to be ignored from the past, starting from the current point.
- Formatting - Formatting to be applied.
- Show ignored values - If checked, the chart will plot the data points ignored in "Ignore Last" setting.
- Click Apply.
With
Seasonal Trend Loess decomposition
, we get the trend, season, and error components. The best regression (linear, log, or exponential) is then done on the trend and error components to find the future values. The seasonal component is assumed to be repetitive. The trend, season, and error are then combined either additively or multiplicatively for the future values.
Options to include multiple exponential smoothening algorithms in on our roadmap.
Access your files securely from anywhere
Zoho Developer Community
Deliver unforgettable customer experiences
Deliver unforgettable customer experiences
New to Zoho Marketing Plus?
Everything you need to run your marketing
New to Zoho Marketing Plus?
Everything you need to run your marketing
Zoho Desk Resources
-
Desk Community Learning Series
-
-
-
-
-
-
-
-
-
Zoho TeamInbox Resources
Zoho DataPrep Resources
Zoho CRM Plus Resources
Zoho Books Resources
Zoho Subscriptions Resources
Zoho Projects Resources
Zoho Sprints Resources
Qntrl Resources
Zoho Creator Resources
Zoho Campaigns Resources
Zoho CRM Resources
Zoho Show Resources
Writer Get Started. Write Away!
Writer is a powerful online word processor, designed for collaborative work.