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Excel Forecast

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zigstick

Technical User
Jun 1, 2006
50
US
I'm trying to use either forecast or trend in Excel on data as shown below. I want to forecast the loan counts for future dates. The actual data will cover a 6 month known and 6 month forecast period.

(A1)LoanCount (B1)Date
773723 3/2/2009
773723 3/3/2009
773723 3/4/2009
773724 3/5/2009
773980 3/6/2009
773981 3/9/2009
773981 3/10/2009
773981 3/11/2009
773981 3/12/2009
3/13/2009
3/14/2009
3/15/2009
3/16/2009
3/17/2009
3/18/2009
3/19/2009

I've tried following the examples in excel help, but I get #Value errors or div/0 errors. Thanks for any suggestions!
 




Hi,

Please post your formula for the NEXT VALUES in the list.

Skip,
[glasses]Don't let the Diatribe...
talk you to death![tongue]

[glasses]Just traded in my old subtlety...
for a NUANCE![tongue]
 
Sorry Skip, I'm a novice, if you're asking for what formula I tried ... here it is:
A B
1 LoanCount Date
2 773723 3/2/2009
3 773723 3/3/2009
4 773723 3/4/2009
5 773724 3/5/2009
6 773980 3/6/2009
7 773981 3/9/2009
8 773981 3/10/2009
9 773981 3/11/2009
10 773981 3/12/2009
11 =trend(A2:A10,B2:B10,B11:B17) 3/13/2009
12 3/14/2009
13 3/15/2009
14 3/16/2009
15 3/17/2009
16 3/18/2009
17 3/19/2009

I get a #VALUE! error with this formula, same when I CTL-SHIFT_ENTER for an array. Thanks for helping!!
 



[tt]
=trend(A2:A10,B2:B10,B11:B17)
[/tt]
Your KNOWN VALUES range reference must be ABSOLUTE, for you to copy down...
[tt]
=trend(A2:A10,B2:B10,B11:B17)
=TREND($A$2:$A$10,$B$2:$B$10,B11)
[/tt]
and copy down.


Skip,
[glasses]Don't let the Diatribe...
talk you to death![tongue]

[glasses]Just traded in my old subtlety...
for a NUANCE![tongue]
 
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