DAX for Time Series forecasting – 2 – Q&A #powerbi #microsoftfabric #financialanalysis #forecasting

Original video: https://youtu.be/Suiw1hxtaUI
R Code for Time Series Analysis: https://github.com/microsoft/powerbi-visuals-timeseriesdecomposition/blob/master/script.r

Today, we’re diving back into Power BI and DAX calculations to explore how to implement time series analysis. Unlike the usual methods that rely on built-in forecast feature of the Power BI line chart, we’re focusing on doing everything with DAX. This gives you more flexibility to create forward-looking reports and dashboards.

In this video, you’ll learn:

– The basics of time series analysis in Power BI.
– How to create a forecast measure using DAX.
– The process of breaking down data into trend and seasonality components.
– Practical implementation of these concepts with step-by-step DAX code.

Whether you’re a beginner or looking to refine your skills, this video will show you how to leverage DAX for powerful time series analysis.

🔗 Code and Resources: Find all the calculations and detailed steps on our blog:

https://www.obvience.com/blog/dax-calculation-for-time-series-forecast

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Thanks for watching, and see you back soon!

#PowerBI #DAX #TimeSeriesAnalysis #DataAnalytics #Forecasting #BusinessIntelligence #obviEnce