ARIMA forecastin will soon be available as R-powered custom visual. ARIMA modeling is the general class of models for forecasting a time series. ARIMA stands for an Autoregressive Integrated Moving Average and is among the most popular forecasting techniques. You may find rich set of parameters inside R-code behind the R visual. Both user mode and automatic modes are available.

Can someone explain to me exactly how does ARIMA forecasting works in Power BI? In layman's terms, i.e. someone who has no knowledge of Data Science and using Power BI. Thank you!

Thanks a lot. I was looking for this code for a long time. Any plans to develop code for multivariate time series like VAR(Vector Auto regression)

I am glad you find it useful (don't forget to click on "kudos"). We have long list of candidates for next-coming R-powered custom visuals. I will add multivariate time-series analysis to the list :) We also strongly encourage users like you to submit their own R-script showcases here.

I understand that 'Publish to web' is in the pipeline for R visuals - hopefully this can incorporate ARIMA and VAR analysis

Hi VT2, Publish to web supports R visuals

ARIMA forecasting | Microsoft Fabric Community