Forecasting Future Results
Advanced reporting and BI enables you to easily forecast future values based on historical data. The flexible forecast settings allow you to simply change a parameter and see how it affects future values, so you can understand which scenario will help you meet your targets and take the right business decisions.
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Forecasting can be applied to the following widget types: line chart, area chart, column chart.
All users who have access to the widget with the forecasting feature enabled can view and interact with the forecast.
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Create a widget with one of the supported widget types (line chart, area chart, column chart).
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Place a time variable on the X-axis and the time-dependent variable that you want to forecast on the Y-axis.
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Click the icon under the forecasted variable and select Forecast.
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Toggle on the Visible control at the top of the Forecast Settings window to enable the forecast.
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From here you can edit additional settings:
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Add an explaining variable;
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Change evaluation and forecast periods.
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Click on Advanced to set up additional values (confidence, model type, boundaries limitations).
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Click Apply to save changes.
To access a forecast:
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Hover over the widget.
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Click on Analyze it.
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Hover over Forecast and select Forecast Settings.
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Check the settings and click Apply.