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MOM_REL

Basic Overview

Description

Returns the relative growth for each month compared to the previous month (month-over-month).

Syntax

MOM_REL(Node <, MissingValueBehaviour>)

Parameter

  • Node: Input node, specified using the node name in single quotes (e.g. 'Profit')

  • MissingValueBehaviour:

    • how the function should treat missing values

    • possible value are: IGNORE_MISSING (default) and MISSING_AS_ZERO

Example

Input Profit =

Month

Value

2019-01

200

2019-02

300

2019-03

450

2019-04

500

2020-02

100

Output MOM_REL('Profit') = MOM_REL('Profit', "IGNORE_MISSING")

Month

Value

2019-02

(300 - 200) / 200 = 0.5

2019-03

150 / 300 = 0.5

2019-04

50 / 450 = 0.11

Output MOM_REL('Profit', "MISSING_AS_ZERO")

Month

Value

2019-02

(300 - 200) / 200 = 0.5

2019-03

150 / 300 = 0.5

2019-04

50 / 450 = 0.11

2019-05

(0 - 500) / 500 = -1

2020-02

(100 - 0) / 0 = division by zero results in entry not being present in result

2020-03

(0 - 100) / 100 = -1

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