The technique of taking first year figures as a base and comparing them with the subsequent year is called
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The technique of taking first-year figures as a base and comparing them with the subsequent year is called Trend Analysis.
What is Trend Analysis:
- The technique that is used to predict stock prized after doing a detailed analysis of the recent data figures is known as Trend Analysis.
- It plays a key role in identifying the market trends by providing recent data on trade volume.
- Three types of data analyses include short-term trend analysis, intermediate trend analysis, and Long-term analyst.
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The technique of taking first-year figures as a base and comparing them with the subsequent year is called Trend Analysis. This is a method of comparing with the next year based on the numbers of the first year. Trend Analysis is the Evaluation of an organization's financial information over a period of time. Periods can be measured in months, quarters, or years, depending on the situation. The goal is to calculate and analyze the amount and rate of change from one period to the next.
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