Track Conversion rate between stages inside Deals Module

Track Conversion rate between stages inside Deals Module

Hi, 

There exists a feature to track the conversion rate between the modules in CRM. say: 45 % conversion rate from Leads to Deals as you can see in the below screenshot. This can be assessed by going inside dashboards-> deals dashboards-> add component-> funnel type. 

Likewise, I need to know if we can track the conversion rate between stages inside deals module. Say: from Stage 1 to stage 2, 45 % is the conversion rate. For eg: from meeting 1 to meeting 2 - 30 % is the conversion rate

This feature isn't available at present  in CRM reports, would this be built using analytics? If so please assist me to figure out the solution.


Thanks,