How to Add a series in Demantra Worksheet which calculates qtr to qtr value
Hi All,
I am not sure if this is the right thread that i am posting this message.
My worksheet has Four Rows(one for each quarter) of data for each item. I need to define a series in Worksheet
which subtracts data from a couple of series from the previous quarter. For
Example the series for the 2nd quarter must subtract the revenue and non
revenue shipments from the first quarter and put the value in the series in the
2nd quarter. How can I do it?
Thanks in advance
Hi user630001,
Welcome to this wonderful forum to discuss anything related to Demantra.
I am assuming that you have values for "series_1" and "series_2" in qtr 1, qtr2, qtr3 and qtr4 that you need to use in a new series called "result_series" and that the result in the new series is given by:
(result_series) for qtr4 = series_1 for qtr3 - series_2 for qtr3. Here qtr1 is the earliest quarter and qtr4 is the latest.
To fulfill the above requirement,create 2 new series called "timeshifted_series_1" and "timeshifted_series_2" and copy the previous quarter's values into the present quarter (means copy qtr 3 values of series_1 and series_2 into timeshifted_series_1 and timeshifted_series_2 for qtr4)and use these two new series while calculating the "result_series" (means result_series = timeshifted_series_1 - timeshifted_series_2 ).
In short create timeshifted series to have values from the previous quarter and utilise the timeshifted series for the calculation in the resultant series.
For copying the series_1 and series_2 into the timeshifted_series_1 and timeshifted_series_2 series you can use the rolling data functionality available in Demantra.
Hope this helps.
Thanks and Regards,
Shekhar
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