Forecasting using past and current year

youngsc

New Member
Joined
May 20, 2015
Messages
12
I know there's a way but I'm drawing a blank on best approach and method. I have one rolling year of data so say July 2019 to June 2020. However, on the report I'm only showing year to date so January to June. What I'd like to be able to do is from July to December provide a projection based on past July to December and current January to June. This would be in a table not a chart. I'm really just needing to know the best formulas or methodologies to use so I can google it or start working through a solution.
 

Excel Facts

Is there a shortcut key for strikethrough?
Ctrl+S is used for Save. Ctrl+5 is used for Strikethrough. Why Ctrl+5? When you use hashmarks to count |||| is 4, strike through to mean 5.
How is the forcasting Based on. There are various estimates and other details which you might need to consider.
Criterias are important so i think you should consider the assumptions and criteria in the forcast first before jumping to excel
 
Upvote 0
With this i don't really have any other variables to go off of. It's simply an, albeit broad, estimation
 
Upvote 0
I think you need to provide more information as to what you actually want help with? Maybe start by using XL2BB to post a sample of what your data looks like, what you are trying to achieve with examples of the results you expect.

Help us to help you
 
Upvote 0
I think you need to provide more information as to what you actually want help with? Maybe start by using XL2BB to post a sample of what your data looks like, what you are trying to achieve with examples of the results you expect.

Help us to help you

Sorry trying to do everything from my phone made it more difficult cause I couldn't do a table. I have financial data for the entire prior calendar year. I have financial data for current year to date. I'd like to the using those two data forecast for the rest of the current year.

So if a table helps, using the below 2019 data for July to December and the 2019 and 2020 data for January to June how can i build a forecast for July or July through December?

JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
2019503515257050453025
20204528572250
 
Upvote 0

Forum statistics

Threads
1,223,886
Messages
6,175,198
Members
452,617
Latest member
Narendra Babu D

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top