Loading...

How To Create A Forward Forecast In Power BI: Advanced Forecasting Techniques

How To Create A Forward Forecast In Power BI: Advanced Forecasting Techniques

Forecasting analysis is an essential aspect of data analysis, and in Power BI, it can be achieved through various techniques. In this tutorial, you will learn advanced forecasting techniques for creating a forward forecast in Power BI. The key to effective forecasting is utilizing time intelligence functions in DAX, and this tutorial explains how to use them to your advantage.

The tutorial guides you step-by-step through the process of creating a forecast in Power BI by leveraging historical data. You will get an insight into the many options available to automate forecast creation and ensure maximum efficiency. The techniques discussed in this tutorial are advanced and can help you create high-quality, accurate forecasts that stand the test of time.

This tutorial is presented in a video format and can be an excellent resource for data analysts looking to sharpen their forecasting skills. By following the instructions shared, you can learn how to develop and implement forecasting techniques that guarantee accurate results.

You can watch the full tutorial video by following the link: https://blog.enterprisedna.co/forecasting-techniques-in-power-bi-by-using-dax/

Published on:

Learn more
Enterprise DNA
Enterprise DNA

Power BI Training and Resources

Share post:

Related posts

DAX Time Intelligence Examples In Power BI

In Power BI, DAX time intelligence functions are essential for data analysis and widely utilized. This is because time intelligence is a typic...

2 months ago

Calculating Dynamic Percentage Of Total Change Using Power BI Time Intelligence

In this tutorial, you'll learn a dynamic approach to computing the Percent of Total Change in Power BI, employing smart measure branching stra...

2 months ago

Comparing Any Sale Versus The Last Sale (No Time Intelligence) – Advanced DAX In Power BI

If you work with Power BI and want to learn an advanced DAX technique, then this tutorial has got you covered. The tutorial demonstrates how t...

2 months ago

Difference between business intelligence and predictive analytics

Business intelligence (BI) and predictive analytics are two distinct approaches to handle, categorize, and understand data. While BI involves ...

1 year ago

How To Implement Cohort Analysis In Power BI – Advanced DAX Concepts

Looking to up your data analysis game in Power BI? Cohort analysis may be just the tool you need. In this blog post, the author introduces rea...

2 months ago

Creating Forward Forecasts in Power BI Using DAX

In this informative blog post, you'll learn how to create forecasts in Power BI using historic data with the help of DAX. Forecasts and budget...

2 months ago

Power BI Data Model For Advanced Scenario Analysis Using DAX

Discover the full potential of Power BI as an analytical tool with this tutorial focusing on developing a data model tailored for advanced sce...

3 months ago

Pandas AI: Data Analysis With Artificial Intelligence

Pandas, a popular Python library for data analysis, has just received a boost in the form of Pandas AI. This new addition enables Pandas to di...

1 year ago

Power BI Forecasting Model Using Python

Forecasting is a crucial element in data analysis, and having a good forecasting model can help businesses make informed decisions about the f...

1 year ago

Sales Forecasting-Increase Accuracy with AI Predictive Forecasting

Sales Forecasting is a crucial aspect of any business, as it helps businesses to predict their future sales and enables them to make informed ...

1 year ago
Stay up to date with latest Microsoft Dynamics 365 and Power Platform news!
* Yes, I agree to the privacy policy