Compact mode
MAXIFS vs 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 typesMAXIFSSUMIFSFORECASTOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsFor all*
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionFor all*- 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 functionMAXIFSSUMIFS- Data AnalysisSUMIFS is used for Data Analysis. Functions specifically designed for analyzing data Click to see all.
- Financial CalculationsSUMIFS is used for Financial Calculations. Excel 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 functionMAXIFS- Multiple Criteria MaxMAXIFS is known for Multiple Criteria Max.
SUMIFS- Multiple Condition SumSUMIFS is known for Multiple Condition Sum.
FORECAST- Linear Trend PredictionFORECAST is known for Linear Trend Prediction.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionMAXIFS- Can handle up to 127 criteria pairs
SUMIFS- Enhanced version of SUMIF
FORECAST- Based on least squares regression method
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionMAXIFS- Like finding the tallest person who likes both pizza and sushi
SUMIFS- 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 effectivelyMAXIFSSUMIFSFORECAST
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersFor all*MAXIFSSUMIFSVersion Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*MAXIFSSUMIFS- Excel 2019SUMIFS is compatible with Excel 2019 Excel functions that work specifically in Excel 2019 version Click to see all.
- Excel 2013SUMIFS is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version Click to see all.
- Microsoft 365SUMIFS is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform Click to see all.
- Excel OnlineSUMIFS is compatible with Excel Online Excel functions optimized for use in the web-based Excel Online platform Click to see all.
- Excel 2007SUMIFS is compatible with Excel 2007 Excel functions that work specifically in Excel 2007 version Click to see all.
- Excel 2010SUMIFS is compatible with Excel 2010 Excel functions that work specifically in Excel 2010 version Click to see all.
FORECASTOperating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
SUMIFS- Web ExcelSUMIFS runs on Web Excel Excel functions available in web-based versions Click to see all.
FORECASTRequired 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*MAXIFS- RangeMAXIFS accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.
- TextMAXIFS accepts Text as input types Excel functions specialized in text string manipulation and processing Click to see all.
SUMIFS- RangeSUMIFS accepts Range as input types Excel functions that operate on cell ranges for calculations Click to see all.
- ArraySUMIFS 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 functionMAXIFS- Multiple Condition Support
- Array HandlingFunctions that efficiently process arrays and ranges of data Click to see all.
- Efficient Processing
SUMIFS- 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 functionMAXIFS- Requires Sorted Data
- Limited To NumbersFunctions that can only process numerical values and cannot handle text or dates Click to see all.
SUMIFS- 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 MAXIFS
COUNTIFS
Known for Multiple Criteria Counting📈 is more versatile than MAXIFS
⭐ is rated higher than MAXIFS
SUMIF
Known for Conditional Sum Calculations📊 is easier to use than MAXIFS
SUBTOTAL
Known for Filtered Data Calculations📈 is more versatile than MAXIFS
⭐ is rated higher than MAXIFS
SUM
Known for Basic Arithmetic Calculations📊 is easier to use than MAXIFS
⚙ performs better than MAXIFS
🛠 is more reliable than MAXIFS
⭐ is rated higher than MAXIFS
INDEX
Known for Advanced Data Retrieval📈 is more versatile than MAXIFS
PMT
Known for Calculate Loan Payments⚙ performs better than MAXIFS
🛠 is more reliable than MAXIFS
⭐ is rated higher than MAXIFS