trend analysis

  

Definition

Method of time series data (information in sequence over time) analysis involving comparison of the same item (such as monthly sales revenue figures) over a significantly long period to (1) detect general patter of a relationship between associated factors or variables, and (2) project the future direction of this pattern.

Use trend analysis in a sentence

  • The trend analysis concluded that exiting the market was the best decision as our resources could be best put to use elsewhere.

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  • Over the months we made sure that we implemented a trend analysis to see the relationship between the two items and how much revenue each generated.

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  • You should try to break down the trend analysis to see if you can figure things out before others do.

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