The Excel FORECAST Function

Поділитися
Вставка
  • Опубліковано 4 жов 2020
  • Learn how to use the Excel FORECAST function to forecast the future, based upon past results. ***Consider supporting Technology for Teachers and Students on Patreon***: / technologyforteachersa... See my entire playlist of Excel videos: bit.ly/tech4excel Here is the practice file that goes with this video: bit.ly/excelforecast #excel #exceltutorial
  • Навчання та стиль

КОМЕНТАРІ • 108

  • @remorrey
    @remorrey Рік тому +39

    Absolutely well done! (Coming from a 76 year old MBA degree holder). I appreciate your getting right to the point with minimal branding info and unnecessary chit/chat.

  • @vilmamorales1855
    @vilmamorales1855 Рік тому +10

    The simplest yet the best excel tutorial ever! Kudos!

  • @dmitriyshepher2493
    @dmitriyshepher2493 Рік тому

    The best video of this function. I spent almost 4 hours to read boring articles. Thank you!

  • @elenabina1934
    @elenabina1934 2 роки тому +4

    Thank you! Explained in a very simple way!

  • @pibidenalanka987
    @pibidenalanka987 10 місяців тому

    Very important concept, very simple, and explained well. Thank you very much.

  • @tommicahmatila
    @tommicahmatila Рік тому

    Very simple and clear. Thank you for the help

  • @johnricktagalog2964
    @johnricktagalog2964 2 роки тому

    BIG HELP,, to refresh this subject thank you

  • @asugarholicslife
    @asugarholicslife Рік тому

    Thank you for this helpful video! I'm doing a report for work right now

  • @AfricanTalesOasis
    @AfricanTalesOasis 3 місяці тому

    Thank you so much, Straight to the point. Love it!

  • @Hekokurd
    @Hekokurd 2 роки тому

    Thank you so much for the quick help!

  • @pvs108
    @pvs108 3 дні тому

    Thank you for sharing a simple example

  • @DilwaleChawlaJi
    @DilwaleChawlaJi Рік тому

    Great effort and kudos to you for the great work.

  • @AlongtheRiverLife
    @AlongtheRiverLife 3 роки тому +1

    Great, was notified this was posted!

  • @BeverlyMoore
    @BeverlyMoore 3 роки тому +7

    Thank you, learning so much

  • @thesistips
    @thesistips 3 роки тому +4

    Great one. It's really helpful and well organised.
    Thank you for sharing 😊😊

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

  • @lameessy2302
    @lameessy2302 3 роки тому +2

    Amazing function💜

  • @byankafitiari
    @byankafitiari 2 роки тому +1

    thank you so much.. your video is really helpful

  • @soudamininayak9697
    @soudamininayak9697 Рік тому

    Thank you much it helped me to complete my project❤

  • @engtahawatany7429
    @engtahawatany7429 3 роки тому

    thanks for you support sir , really u saved me

  • @shayaaksekar8045
    @shayaaksekar8045 23 дні тому

    Very helpful 👌
    Thank you!

  • @subramanirangasamy3320
    @subramanirangasamy3320 3 роки тому

    Good Learning to me ..thanks

  • @domwings4329
    @domwings4329 3 роки тому

    Learning is fun w this video

  • @ynyslochtyn
    @ynyslochtyn 2 роки тому +2

    Nice when things are simple!

  • @ddduva4440
    @ddduva4440 2 роки тому

    Helpful ty👏🏼👏🏼👏🏼

  • @cemdogan8736
    @cemdogan8736 2 роки тому +1

    Simple, perfect and very useful explanation. Thank you.

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

  • @williammalusi1089
    @williammalusi1089 2 роки тому

    VERY HELPFUL

  • @Gumnaam12girl
    @Gumnaam12girl 3 роки тому

    Thank you sir so much

  • @khalidalgethmi8628
    @khalidalgethmi8628 Рік тому

    Thank you very much

  • @AJ-et3vf
    @AJ-et3vf 2 роки тому

    Very nice!

  • @SG-mt3pe
    @SG-mt3pe 3 роки тому +1

    Great Sir.

  • @luzcombs8415
    @luzcombs8415 6 місяців тому

    Thank you !!!!!

  • @user-fe9hu2zj1z
    @user-fe9hu2zj1z 8 місяців тому

    Amazing!!!

  • @imtiyazrisaldar3211
    @imtiyazrisaldar3211 Рік тому

    Thank you sir

  • @thomaslebarre9089
    @thomaslebarre9089 3 роки тому

    thank you

  • @bmore4101029
    @bmore4101029 2 роки тому +2

    Thank you! This was a big help for my assignment for school!

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

  • @Larry21924
    @Larry21924 5 місяців тому +1

    This is some top-notch content. I read a book with a similar topic, and it was absolutely incredible. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell

  • @dawanesunil7847
    @dawanesunil7847 Рік тому

    Thank QQQ Sir,

  • @ArchnaVijay
    @ArchnaVijay Рік тому +4

    Hi nice informative video , what if we have quarters in each year , and i want to see forecasted values for 2035 Q1 ?

  • @Silas832
    @Silas832 2 роки тому

    Thanks

  • @firstnamesecondname5341
    @firstnamesecondname5341 3 роки тому +4

    Here’s me mucking around up with compound interest rates when forecast is a lot more straight forward 👍

  • @mahkal1357
    @mahkal1357 2 роки тому

    excellent

  • @watcher211
    @watcher211 2 роки тому

    Thanks!

  • @chetanymca
    @chetanymca 2 роки тому +35

    Good stuff! One question, this function forecasts for an increasing value trend. What if there are dips in between and some seasonality, which function should we use then?

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

    • @misbahuddinathar4982
      @misbahuddinathar4982 Рік тому

      @@srinagarmagazine9250 nope

    • @lugia8888
      @lugia8888 Рік тому

      @@misbahuddinathar4982 yes

    • @abhishekkaushal6564
      @abhishekkaushal6564 10 місяців тому +1

      ​@@srinagarmagazine9250yes, it will change ...but you have to refresh the Excel sheet.

  • @Kirito-mt7bj
    @Kirito-mt7bj Рік тому

    How do we get the forecast chart after getting forecast/linear forecast cuz it says forecasting can't be created without two or more valid time/value data points

  • @hassanalianees5530
    @hassanalianees5530 2 роки тому

    brilliant. Thanks a lot. Love and respect.

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Bhai... Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

    • @hassanalianees5530
      @hassanalianees5530 2 роки тому

      @@srinagarmagazine9250 yes it will be changed dynamically and if not then you may go to the Data Tab on excel and click on Refresh All. Then changes will be applied

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      So, the answer is yes, right?

    • @hassanalianees5530
      @hassanalianees5530 2 роки тому

      @@srinagarmagazine9250 yes

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      @@hassanalianees5530 thanks a lot brother!

  • @pennym.2380
    @pennym.2380 3 роки тому

    Thank you

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

  • @suleimanshaik
    @suleimanshaik 3 роки тому

    thanks :-)

  • @brocklesnar4336
    @brocklesnar4336 2 роки тому

    Awesome

  • @damongt4
    @damongt4 2 роки тому +1

    Hi, would it matter if you used months?

  • @haifajo
    @haifajo 2 роки тому

    what if the value for B13 is not known yet! i used =forecast(F1, $B$2:$E$2, $B$1:$E$1) and it gave me the answer but that was only for including data for Oct and Jan while i couldnt include data for Nov and Dec..

  • @HabiburRahman-xs9gb
    @HabiburRahman-xs9gb 2 роки тому

    Why is this video hard to find? the best video on this topic..there are shi*t tone of other videos getting a lot of views !

  • @elizabethpena653
    @elizabethpena653 Рік тому

    how do you know the percentage increase on your home value?

  • @FromGambit
    @FromGambit 3 роки тому +2

    The house price known data was in $ round hundreds, so you might wrap the FORECAST in =ROUND([your expression],-2).
    The savings account was opened with a nominal amount of $10 then did nothing for two years, so your forecast might exclude the first data line.
    Thanks for the intro to FORECAST functions, I've not used them before.

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

  • @uncutsceneonline4596
    @uncutsceneonline4596 29 днів тому

    Excel useful for (update existing previous year financial model)

  • @arnaudchekap8483
    @arnaudchekap8483 2 роки тому +1

    How can you do that with the month?

  • @matthewws5694
    @matthewws5694 3 роки тому +2

    Is the forecast method using linear regression /curve fitting?

  • @fachri5092
    @fachri5092 2 роки тому

    thankyouuuuu

  • @solidworksandexcel9257
    @solidworksandexcel9257 3 роки тому

    great

  • @willrose5424
    @willrose5424 Рік тому

    Does it work for the lotto?

  • @pr3ttyb0yfl4cko
    @pr3ttyb0yfl4cko Рік тому

    Why does mine shows "N/A"? I have 3 years for known x and 3 values for known y, it can't forecast the 4th value for year 4 and shows "N/A" instead. Please help.

  • @gjyminiaviary1782
    @gjyminiaviary1782 3 місяці тому

    I use it to get a horizon

  • @prashantk.a.6849
    @prashantk.a.6849 7 місяців тому

    Is it mandatory that x value is numerical

  • @XxwastralxX
    @XxwastralxX 3 місяці тому

    nice

  • @MankiratSingh
    @MankiratSingh Рік тому

    Is it possible to forecast a month based on days (for example, if we spend $1,000 in 10 days, how much money can we expect to spend at the end of the month)?

    • @willrose5424
      @willrose5424 Рік тому

      If you add natural disasters, traffic accidents, or unemployment then yes

  • @GilThunder99
    @GilThunder99 7 місяців тому

    what if ur asked to forecast for the next 20 data points?

  • @aglow9267
    @aglow9267 Рік тому

    Does this work on excel for mac

  • @igorzerebni132
    @igorzerebni132 2 роки тому +2

    Is there any way i can use months(text) instead of year or date(number)?

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?

    • @reb2229
      @reb2229 2 роки тому

      You might be able to change the months (if you have them as dates (based on format like 01/01/2022, 01/02/2022)) to "General" (in the Home->Number section) and that will give you a placeholder number almost. This worked for me as I was dealing with daily dates (and predictions based on that)

  • @richardlim6436
    @richardlim6436 11 місяців тому

    🙏🏻👍🏻

  • @user-dm4ct4qc9b
    @user-dm4ct4qc9b 9 місяців тому

    😊😊

  • @prashantk.a.6849
    @prashantk.a.6849 7 місяців тому

    Kin Excel 2019, this function does give error

  • @TheJaninev
    @TheJaninev 10 місяців тому

    How do I do it in months?

  • @PritamPaul717
    @PritamPaul717 4 місяці тому

    ❤🙂👍

  • @Dexter101x
    @Dexter101x 3 роки тому +1

    House value in London, UK doesn't follow the said forecast function, a lot of people are exaggerating their prices 😂

  • @JASMINEDAYON-sl3ri
    @JASMINEDAYON-sl3ri 2 місяці тому

    sorry im confused what function you used when you put the values. you skipped that part

  • @LeonardoValente_
    @LeonardoValente_ 2 роки тому

    What if you want to know which year you will have 160K $ ?

    • @alectobi144
      @alectobi144 2 роки тому

      you have to use the future value function: just google future value calculator in google (dozens of different websites)

  • @1999gtp
    @1999gtp 3 роки тому +2

    I like the function, but the forecast seems a bit off. $100K in the first 20 years, and only $40K growth in the last 15 years... I wouldn't sell my home.. :)

    • @norpriest521
      @norpriest521 3 роки тому

      Which is the best forecast function in excel?

  • @marksummers463
    @marksummers463 3 роки тому

    Actually, Big Tech DOES know your saving habits.

  • @thomasdietz2211
    @thomasdietz2211 2 місяці тому

    its not a "," but a ";"

  • @Eden-kc5nv
    @Eden-kc5nv 6 місяців тому

    DOESNT WORK

  • @alihaiderilyas2244
    @alihaiderilyas2244 Рік тому

    dis viedo not wokr at all, i vant you reconsider your life

  • @fredrikkjeldsen5426
    @fredrikkjeldsen5426 Рік тому

    your video was bad

  • @george_anak_lihi_blog_hot
    @george_anak_lihi_blog_hot Рік тому

    ❤🎉😊

  • @mrCetus
    @mrCetus 2 роки тому

    Thank you so much for the quick help!

    • @srinagarmagazine9250
      @srinagarmagazine9250 2 роки тому

      Can u please help me with this question..... You have a PIVOT for a data set of the range A1: H25, will changing the value in cell B:32 change the projections in the PIVOT?