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This Excel tutorial explains how to use the Excel FORECAST function with syntax and examples.
Description
The Microsoft Excel FORECAST function returns a prediction of a future value based on existing values provided.
The FORECAST function is a built-in function in Excel that is categorized as a Statistical Function. It can be used as a worksheet function (WS) in Excel. As a worksheet function, the FORECAST function can be entered as part of a formula in a cell of a worksheet.
Syntax
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The syntax for the FORECAST function in Microsoft Excel is:
Parameters or Arguments
- x-value
- The x-value used to predict the y-value.
- known_y_values
- The known y-values used to predict the y-value.
- known_x_values
- The known x-values used to predict the y-value.
Returns
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The FORECAST function returns a numeric value.
If x-value is not a numeric value, the FORECAST function will return the #VALUE! error.
If known_y_values and known_x_values contain different numbers of elements, the FORECAST function will return the #N/A error.
Applies To
- Excel for Office 365, Excel 2019, Excel 2016, Excel 2013, Excel 2011 for Mac, Excel 2010, Excel 2007, Excel 2003, Excel XP, Excel 2000
Example (as Worksheet Function)
Let's look at some Excel FORECAST function examples and explore how to use the FORECAST function as a worksheet function in Microsoft Excel:
Based on the Excel spreadsheet above, the following FORECAST examples would return:
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Overview
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