Sales Trends and Forecast v.11

Sales trends and forecast are shown in comfortable manner of your choice: as an Odoo chart, as an Odoo report (pivot), as an Excel table. The latter might be also used to import data in certain statistical software

Apply the statistical method which you consider as the most suitable: Autoregression, Moving Average, Autoregressive Integrated Moving average, Seasonal Autoregressive Integrated Moving Average, Simple Exponential Smoothing, Holt Winter's Exponential Smoothing. Look at the section Statistical methods for forecast

Shrink your analysis for definite products, templates, categories, sales teams, or country to make rational decisions

Apply time frames of historical data which is used as an analytic basis. Forecast periods are ones which follow after the end of defined frame. In such a way you make check statistical reliability through 'predicting' actually passed intervals

Forecast as many intervals as you like, but remember that prediction for the next 10 years would be hardly reliable

Based on your historical data and applied coefficients, sometimes Odoo is not able to reveal trends and make forecasts. In that case only historical data would be shown in reports. But even historical trends might have an analytical use

As sales per periods all sales orders in the states 'Locked' and 'Sale Order' are taken into account

Grant the right for trends analysis for any sales user, but be cautious: all sales of a current company will be under consideration

Statistical methods for forecast

When this tool should be used