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Excel Dashboards and Reports, 2nd Edition
book

Excel Dashboards and Reports, 2nd Edition

by Michael Alexander, John Walkenbach
May 2013
Beginner to intermediate
432 pages
11h 26m
English
Wiley
Content preview from Excel Dashboards and Reports, 2nd Edition

Chapter 8: Components That Show Trending

In This Chapter

• Understanding basic dashboard trending concepts

• Comparing trends across multiple series

• Emphasizing distinct periods of time in your trends

• Working past other anomalies in trending data

One of the most common concepts used in dashboards and reports is the concept of trending. A trend is a measure of variance over some defined interval — typically time periods, like days, months, or years.

The reason trending is so popular is that it provides a rational expectation of what might happen in the future. If we know this book has sold 5,000 copies a month over the last 12 months, we have reason to believe that sales next month will be around 5,000 copies. In short, trending tells you where you’ve been and where you might be going.

In this chapter, you explore basic trending concepts and some of the advanced dashboard techniques you can use to take your trending components beyond simple line charts.

Trending Dos and Don’ts

Building trending components for your dashboards has some dos and don’ts. This section helps you avoid some common trending faux pas.

Using chart types appropriate for trending

It would be nice if you could definitively say which chart type you should use when building trending components. But the truth is that no chart type is the silver bullet for all situations. For effective trending, you need to understand which chart types are most effective in different trending scenarios.

Using line charts

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Publisher Resources

ISBN: 9781118490433Purchase book