The timeline can have up to thirty percent of its data points missing or have duplicate time stamps on different values and still produce an accurate forecast. For example, you could have consistent daily, monthly, or yearly values for which to create a forecast. From these existing date or time values, Excel can then project future trends and the associated values for future dates.īefore you create forecast sheets in Excel, you should ensure your timeline’s values have consistent intervals between its data points. You must also have corresponding values for those time or date entries.
To create forecast sheets in Excel, you must have a series of date or time entries for the timeline.
You can insert forecast sheets in Excel into a workbook to predict future trends from existing time-based data.