The older FORECAST function still exists for compatibility with worksheets created in older versions, but if you’re creating a new sheet, you’ll want to use one of these…įORECAST.LINEAR: creates a straight-line forecastįORECAST.ETS: estimates a trend using seasonalityį: shows the length of a seasonal cycleį: the confidence interval of the estimateį: calculates 8 statistical algorithms Excel 2016 has a handful of new functions to help you forecast numbers – typically sales data – more accurately than before.
