![]() ![]() The forward value shows how many units you want to extend beyond your last data point, and the backward value shows how many units you want to extend before your first data point. A simple moving average (SMA) is a calculation that takes the arithmetic mean of a given set of prices over a specific number of days in the past. Finally, you can extend or shorten your trendline by changing its forward and backward values under Forecast in Format Trendline. The intercept is where the trendline crosses the y-axis, the order is the degree of complexity of a polynomial trendline, and the period is the number of data points used to calculate a moving average trendline. You can easily add the trendline equation to Excel worksheets after learning the step-by-step method and the varieties of trendline equations. Furthermore, you can change the intercept, order, or period of your trendline in Trendline Options. The moving average trendline is used when the chart has a lot of inclines and declines in its data points. The equation shows the mathematical formula of your trendline and the R-squared value indicates how well your trendline fits your data the closer it is to 1, the better the fit. You can also display the equation and R-squared value of your trendline under Trendline Options. Additionally, you can add or remove markers, shadows, or glow effects to the trendline under Marker Options and Effects Options. For example, you can change the color, width, style, and transparency of the trendline in the Format Trendline pane under Line Options. Once you have chosen the best trendline for your data, you can customize it further to suit your needs and preferences.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |