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How to Calculate KPIs the Best Way?

by sammy December 10, 2021
by sammy December 10, 2021

Power Bi is a program used in almost every business around the world. It helps you better monitor your growth in the industry while also attracting new customers. However, the program can also be used to understand and highlight KPI or Key performance indicator trends in the report.

Inside Power BI, you can incorporate this technique to see performance trends or your business performance metrics over a period of time. The Power BI visualization technique mentioned here uses a certain index calculation that can help show Power BI KPI trends quite well.

In addition to that, it also allows the consumers to see high-level information really well. More often than not, you only get numbers in your report, which is not capable enough to give you a holistic idea.

Sometimes, you might want to see what is behind the numbers and happening to the underlying trend. This is when these reports can help. The main focus to highlighting trends should be from utilizing moving averages. Here is how you can do it.

Use Moving Averages to Show KPIs

Charts become incredibly busy if you try and show results on a daily level. This way, you will not be able to highlight any trends; instead, you end up getting confused.

This is when moving averages for all the key performance metrics can help. By creating moving averages for each key performance, you can essentially see a trend and how it performs over time instead of just daily results.

All the measures in this group correspond to the KPIs which sit at the top level of your dashboard. The formula you will have to use is AverageX which opens up the one-month time window and then average the sales made from that day.

Use More Visualization Techniques:

To really finish off and incorporate a particular visualization, you might have to use more cards with core measures in them. The core measure will be the first layer of calculations. An instance of the same can be the Total Sales measure, which is quite common.

You have to put it inside a car and layer it on top of the visualization. This will help your Power BI visualization really stand out. You can do the same with the rest of the performance metrics present.

Along with that, you can also format it in a way where the numbers appear at the front of the line. This way, it will not sit in front of the card and make your report a lot more visually compelling.

This technique is quite great if you are trying to keep your report focused on the key performance trends. It is an amazing way to visualize all of these trends while also keeping all the natural filtering in place.

With this visualization technique, you can get valuable insights for your customer as well. They will be able to not only view but understand these trends according to the time period they select. With the steps mentioned here, you can easily implement this technique in your BI reports.

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sammy

Experienced Search Engine Optimization Analyst with a demonstrated history of working in the design industry. Skilled in Search Engine Optimization (SEO), Word Press, Web Design, HTML, and Social Media Optimization (SMO)

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