You use trends to track in what direction the forecasted
data moves.
About this task
To observe the trend of the historical data:
Procedure
- Open the forecast for which you want to create a trend.
- Open a forecast in the Forecast editor.
- Run the forecast model that you want to test.
The forecast results are displayed in the Results editor.
- Click the Create Trend toolbar
button.
A trend graph and a trend table are displayed in
the Results editor.
- Observe the three types of trends in the trend chart to
determine if there is a significant trend to the data, and in what
direction it moves.
- Local Trend
- The difference between the current value within a period and the
value for the last period.
- Global Trend
- The difference between the current value within a period and the
average of all values. The period, order, and magnitude of fluctuation
between positive and negative values can be used to determine the
significance of the linear trend.
- Linear Trend
- The linear regression value for the current period, as displayed
in the trend graph.
- Optional: If you want to
view the forecast hierarchical structure, open the Outline view
by selecting from
the main menu.