Forum Discussion
Forecasting in Power BI (The Theory)
I've found what I was looking for:
https://powerbi.microsoft.com/en-us/blog/describing-the-forecasting-models-in-power-view/
TL;DR
Two versions of exponential smoothing.
1) One for seasonal data (Power BI variant of Holt-Winters)
2) One for non-seasonal data (Simpler equation to model the time series)
Appropriate model used automatically based on an analysis of historical data.
I've found what I was looking for:
https://powerbi.microsoft.com/en-us/blog/describing-the-forecasting-models-in-power-view/
TL;DR
Two versions of exponential smoothing.
1) One for seasonal data (Power BI variant of Holt-Winters)
2) One for non-seasonal data (Simpler equation to model the time series)
Appropriate model used automatically based on an analysis of historical data.