Compact mode
SUMIFS vs FORECAST
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesSUMIFSFORECASTOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsBoth*
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionBoth*- Financial ProfessionalsExcel functions essential for financial analysis and planning
- Data AnalystsExcel functions specifically designed for data analysis and interpretation
SUMIFSFORECASTPurpose 📝
Primary purposes and use cases of the Excel functionSUMIFS- Data AnalysisFunctions specifically designed for analyzing data Click to see all.
- Financial CalculationsExcel functions designed for financial analysis and monetary calculations Click to see all.
FORECAST
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionSUMIFS- Multiple Condition Sum
FORECAST- Linear Trend Prediction
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionSUMIFS- Enhanced version of SUMIF
FORECAST- Based on least squares regression method
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionSUMIFS- When one condition isn't complicated enough
FORECAST- The crystal ball of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelySUMIFSFORECAST
Technical Details Comparison
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with , including Office 365, Excel 2019, 2016, etc.Both*- Excel 2019Excel functions that work specifically in Excel 2019 version
- Excel 2016Excel functions that work specifically in Excel 2016 version
- Excel 2013Excel functions that work specifically in Excel 2013 version
SUMIFS- Microsoft 365Excel functions optimized for the latest Microsoft 365 platform Click to see all.
- Excel OnlineExcel functions optimized for use in the web-based Excel Online platform Click to see all.
- Excel 2007Excel functions that work specifically in Excel 2007 version Click to see all.
- Excel 2010Excel functions that work specifically in Excel 2010 version Click to see all.
Operating System 💾
Specifies the operating systems where the function can be used , including Windows, macOS, and web platformsBoth*Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyBoth*Required Arguments Type 📊
The data types accepted as valid input arguments for the functionBoth*- NumberExcel functions that perform calculations specifically with numerical inputs
- ArrayExcel functions that specifically work with array inputs for calculations
SUMIFS
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionSUMIFS- Multiple Conditions
- Accurate Calculations
- Flexible For Multiple Criteria
- Handles Large DatasetsFunctions optimized for processing and analyzing large amounts of data efficiently Click to see all.
- Easy To UnderstandFunctions with clear and intuitive syntax that are simple to learn Click to see all.
- Multiple Conditions SupportExcel functions handling multiple conditions enable complex logical operations and flexible data filtering Click to see all.
- Accurate ResultsFunctions that provide precise and reliable computational results Click to see all.
- Flexible
- Versatile Conditional SummingExcel functions that can perform flexible conditional sum calculations based on multiple criteria Click to see all.
- Supports Multiple Criteria
- Powerful For Multiple Criteria
- Flexible Conditions
FORECASTCons ❌
Limitations and potential drawbacks of the Excel functionSUMIFS- Complex For Beginners
- Needs Sorted DataFunctions that only work correctly when the data is pre-sorted in a specific order Click to see all.
- Complex Syntax For Beginners
- Limited To Sum Operations
- Performance Issues With Large Ranges
- Cannot Use OR Conditions
- Complex Syntax
- Can Be Slow With Large DatasetsFunctions that process large amounts of data may significantly impact spreadsheet performance Click to see all.
- Limited To Sum Operation OnlyFunctions that can only add values without other mathematical operations Click to see all.
- Requires Sorted Data
FORECAST- Assumes Linear Relationship
- Complex Setup
- Sensitive To Outliers
Ratings Comparison
Alternatives to SUMIFS
KURT
Known for Measuring Data Peakedness⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
MODE
Known for Finding Most Frequent Value📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
MATCH
Known for Position Finding🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
AVERAGEIFS
Known for Multiple Criteria Based Average🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
PMT
Known for Calculate Loan Payments📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
AVERAGE
Known for Basic Statistical Calculation📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
SMALL
Known for Finding Nth Smallest Value📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
SUM
Known for Basic Arithmetic Calculations📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
FREQUENCY
Known for Distribution Analysis⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST
ROUND
Known for Round Numbers📊 is easier to use than FORECAST
⚙ performs better than FORECAST
🛠 is more reliable than FORECAST
⭐ is rated higher than FORECAST