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agragesh123 Frequent Visitor
Frequent Visitor

Forecasting-How to get a near correct Forecast?

Hi!

 

I have noticed the new feature in power bi to forecast as a Visual now. But there is a problem in forecasting day-wise even after inputing data for past 2 Months day-wise. The Forecast would show 2.2M but on an average on suppose that same day each week it has been only 1.8 M. How should I get the Forecast near actual with at least 90% Probaility.  

 

I want a forecast that show day-wise as in whats the sales gonna be in the next 10(may be less accurate) days or next 3 days(more accurate). 

 

Please do help out.

 

With Regards

Agragesh Ramani

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Moderator v-caliao-msft
Moderator

Re: Forecasting-How to get a near correct Forecast?

Hi @agragesh123,

 

The forecasting feature utilizes built-in predictive forecasting models to automatically detect the step (monthly/weekly/annually) and seasonality in your data to provide forecasting results.
https://powerbi.microsoft.com/en-us/blog/power-bi-desktop-september-feature-summary/

 

As you can seee on the forecasting feature introduction, it use built-in predictive forecasting models to provide results, there is such a option for us to change the forcasting results. If you have any concern on this feature, you can submit your idea on the link below. If this feature was mentioned by mulitple users, product team will consider to add this feature to next release.
https://ideas.powerbi.com/forums/265200-power-bi-ideas

 

Regards,

Charlie Liao

1 REPLY 1
Highlighted
Moderator v-caliao-msft
Moderator

Re: Forecasting-How to get a near correct Forecast?

Hi @agragesh123,

 

The forecasting feature utilizes built-in predictive forecasting models to automatically detect the step (monthly/weekly/annually) and seasonality in your data to provide forecasting results.
https://powerbi.microsoft.com/en-us/blog/power-bi-desktop-september-feature-summary/

 

As you can seee on the forecasting feature introduction, it use built-in predictive forecasting models to provide results, there is such a option for us to change the forcasting results. If you have any concern on this feature, you can submit your idea on the link below. If this feature was mentioned by mulitple users, product team will consider to add this feature to next release.
https://ideas.powerbi.com/forums/265200-power-bi-ideas

 

Regards,

Charlie Liao

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