Learn how to use a damping factor on simple moving averages to obtain a more aesthetically pleasing representation of future forecasts.
- [Instructor] Another technique we can use…to make some predictions using just revenue…is called exponential smoothing.…Exponential smoothing is analogous to a rolling average…but it's not quite the same thing.…Let's get started and you'll be able to see the difference.…I'm in the 02_05_Begin exercise files.…We'll use columns J and again, so I'm going to scroll over…to the right, this is our quarter and sales.…Now, we're going to be using a built-in function, and to do…this, you'll have to install the analysis tool pack.…
On Windows, I believe you can access the tool pack…by going to file, options, and then under add-ins,…you can choose the analysis tool pack and click go.…On Mac, it's a bit different, so let me just show you…how to do that here.…Go up to tools, Excel add-ins, and then click on…the analysis tool pack checkbox for the add-ins available…and then press OK.…So now, when I go into the data tab,…I should have a data analysis option.…And the same thing should hold true for Windows users.…
So let's go ahead and go to it.…
- Explain the four different types of financial statements.
- Distinguish between the types of moving averages.
- Determine a seasonal adjusted trend.
- Break down pro-forma financial statements.
- Identify cash flows, and what increased liabilities and decreased earnings generally indicate.
- Tell what a regression is.
- Outline the naive approach.
Skill Level Intermediate
Finance Foundations: Business Valuationwith Jim Stice1h 39m Intermediate
1. Finance Basics
2. Simple Financial Forecasting
3. Pro Forma Financial Statements
4. Projecting Cash Flows
5. Introduction to Regression Analysis
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