Forum Discussion
Calculate Average Monthly Growth Rate with Negative Value
Hi All,
I have data set of Monthly Revenue for two years. I am trying to calculate the average Growth rate for the year.
I achieved the monthly growth rate by
= ( Total Revenue - Previous Month Revenue ) / Total Revenue
But, I couldn't find any option to calculate Average Growth Rate for the year.
Here I have attached the Dataset for your reference. Your support is more appreciated.
The Value 7.3% is wrong. The actual result is 5.20%
Thanks in Advance,
Manikandan
4 Replies
- AnonymousNot applicable
Hi Adhavan ,
If you want the Total of the [MoM Growth] is the averge value, you could create a measure like.
Total is average = IF(HASONEVALUE('Table'[Year]),[MoM Growth],AVERAGEX('Table',[MoM Growth]))You see, 3.28% is the average of [MoM Growth].
Best Regards,
Stephen Tao
If this post helps, then please consider Accept it as the solution to help the other members find it more quickly.
- AdhavanFrequent Visitor
Hi Stephen,
Really thabks for your response. 😉.
I have treied the same AverageX function with my dataset. My I got some different result.
The AvergeX Function didn't generate any result and it showing blank value.
Since I am new to PBI, struggle to understand your points I beleive. Can you my dataset and correct my mistakes, if possible.
Herewith I have attached my PBI file.
https://app.box.com/s/jhbsj6nclrqj5cu48mgwdvcb4718b0q4
Thanks,
Adhav
- onurbmiguel_
Power Participant
Hi
My suggestion is that you use the Matrix visual:
and maybe you need to adjust your DAX measure for the previous month, i share with you this example:
Previous month Amount = CALCULATE( Purchases[Purchase Amount], PREVIOUSMONTH('Calendar'[Date]) )try and let me know how it work.
Best regards
Bruno Costa | Responsive Resident
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- AdhavanFrequent Visitor
Hi Bruno,
Thanks for your reposnse.
I have tried your suggestion, but, still get the expected result. Moreever, I am willing to showcase the result as line Chart and CARD.
Just for verification purpose, I created as tabl.
Thanks,
Mani