Trending the market
Trending the market
Two main ways to trend historical data - based on its characteristics, data availability and/or user's knowledge
When reviewing historical data there are four key things to look out for:
- Recent events that have changed the trend
- Aberrant observations, or single fluctuations that could distort the trend line
- Structural breaks in the data that render the trend up to that point superfluous
- Seasonality
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"My colleagues and I love the J+D models in terms of usability and aesthetic appeal. The Sales+ software has really helped with a consistent and efficient review process as the models are clear and easy to read. The President and Vice-Presidents on my team tell me the models include everything they need to accurately forecast current and future product launches."
Jeanine Woodruff, Senior Business Analyst, XGen Pharma
"The J+D team is very experienced and bring a lot of knowledge to their projects. They are very insightful about what sort of things to include in models."
Market Analytics Manager, ViiV
"Overall I really like the Sales+ tool. It lines up very well with our current process and adds some advantages (consistency, transparency, flexibility and speed)."
Insights Manager, Novo Nordisk
Book a call with our experts to explore how we can support your needs. From optimizing new product planning to maximizing market impact during product launch and ensuring consistency in on-market product forecasting, our innovative software and expert support services enable you to make informed decisions and drive success.
"My colleagues and I love the J+D models in terms of usability and aesthetic appeal. The Sales+ software has really helped with a consistent and efficient review process as the models are clear and easy to read. The President and Vice-Presidents on my team tell me the models include everything they need to accurately forecast current and future product launches."
Jeanine Woodruff, Senior Business Analyst, XGen Pharma
"The J+D team is very experienced and bring a lot of knowledge to their projects. They are very insightful about what sort of things to include in models."
Market Analytics Manager, ViiV
"Overall I really like the Sales+ tool. It lines up very well with our current process and adds some advantages (consistency, transparency, flexibility and speed)."
Insights Manager, Novo Nordisk