Tip of the Week – Rolling 12 Month
Because of their volatile nature, stats based on small geographic areas can appear distorted. Provide your clients with a realistic picture of smaller markets by adjusting for seasonality and small sample sizes.
By using the Rolling 12 Months calculation in Infosparks, you can educate buyers and sellers on basic fundamentals of statistics and provide meaningful information that can be used to make buying and selling decisions. The concept of rolling 12 months is quite simple. Each data point on the line graph represents 12 months of activity up to that point in time. The sample set will be larger for more meaningful trend analysis. Note how much smoother the line is when using the Rolling 12 Months calculation.
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