Compact mode
PMT vs MATCH 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 typesPMTMATCHFORECASTOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMTMATCHFORECAST
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionPMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
MATCH- Data AnalystsMATCH is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- Business ManagersMATCH is designed for Business Managers. Excel functions helpful for business management and decision making Click to see all.
FORECAST- Financial ProfessionalsFORECAST is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- Data AnalystsFORECAST is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- ScientistsFORECAST is designed for Scientists. Excel functions used in scientific calculations and research Click to see all.
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
MATCH- Position FindingMATCH is known for Position Finding.
FORECAST- Linear Trend PredictionFORECAST is known for Linear Trend Prediction.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
MATCH- Best friend of INDEX
FORECAST- Based on least squares regression method
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
MATCH- The function that plays hide and seek
FORECAST- The crystal ball of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTMATCHFORECAST
Technical Details Comparison
Version Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- 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
MATCHOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyFor all*Required Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
MATCH- RangeMATCH accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.
- TextMATCH accepts Text as input types Excel functions specialized in text string manipulation and processing Click to see all.
- ArrayMATCH accepts Array as input types Excel functions that specifically work with array inputs for calculations Click to see all.
FORECAST
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionPMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.
- Reliable
MATCH- Flexible Matching
- Works With INDEX
- Versatile Search
- Fast
FORECASTCons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
MATCH- Requires Sorted Data
- Complex Syntax
- Requires Exact Matches
FORECAST- Assumes Linear Relationship
- Complex Setup
- Sensitive To Outliers
Ratings Comparison
Alternatives to PMT
VLOOKUP
Known for Vertical Data Search🔢 needs fewer arguments than MATCH
📈 is more versatile than MATCH
INDEX
Known for Advanced Data Retrieval📈 is more versatile than MATCH
⚙ performs better than MATCH
⭐ is rated higher than MATCH
INDEX_MATCH
Known for Two-Way Lookup Power📈 is more versatile than MATCH
⚙ performs better than MATCH
🛠 is more reliable than MATCH
⭐ is rated higher than MATCH
HLOOKUP
Known for Horizontal Data Lookup🔢 needs fewer arguments than MATCH
COUNTIF
Known for Counting With Conditions📊 is easier to use than MATCH
⚙ performs better than MATCH
XLOOKUP
Known for Dynamic Array Support📊 is easier to use than MATCH
📈 is more versatile than MATCH
⚙ performs better than MATCH
🛠 is more reliable than MATCH
⭐ is rated higher than MATCH
SUM
Known for Basic Arithmetic Calculations📊 is easier to use than MATCH
⚙ performs better than MATCH
🛠 is more reliable than MATCH
⭐ is rated higher than MATCH
SUBSTITUTE
Known for Replace Specific Text📊 is easier to use than MATCH
⚙ performs better than MATCH
🛠 is more reliable than MATCH
⭐ is rated higher than MATCH