Compact mode
RIGHT vs PMT 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 typesRIGHTPMTFORECASTOperation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsRIGHTPMTFORECAST
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionRIGHT- Data AnalystsRIGHT is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
- Administrative StaffRIGHT is designed for Administrative Staff. Excel functions useful for administrative tasks and data management Click to see all.
PMT- 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.
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 functionRIGHT- Extract Rightmost CharactersRIGHT is known for Extract Rightmost Characters.
PMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
FORECAST- Linear Trend PredictionFORECAST is known for Linear Trend Prediction.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionRIGHT- Was created before LEFT function despite being less commonly used
PMT- Most used function in banking industry
FORECAST- Based on least squares regression method
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionRIGHT- The rebellious twin of the LEFT function
PMT- The function that reminds you of your debts
FORECAST- The crystal ball of Excel functions
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyRIGHTPMTFORECAST
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersRIGHTPMTFORECASTVersion Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*Operating 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 properlyRIGHTPMTFORECASTRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*RIGHTFORECAST
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionRIGHT- Simple To Use
- Consistent
- Efficient
- Reliable
PMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability Click to see all.
- Reliable
FORECASTCons ❌
Limitations and potential drawbacks of the Excel functionRIGHT- Limited To Characters Only
- No Pattern MatchingFunctions unable to identify or work with text patterns or regular expressions Click to see all.
- Only Right SideFunctions that can only work with characters from the right side of text Click to see all.
- Fixed LengthFunctions only process data of specific lengths, limiting adaptability Click to see all.
PMT- Negative Number Output
- Complex Parameters
FORECAST- Assumes Linear Relationship
- Complex Setup
- Sensitive To Outliers
Ratings Comparison
Alternatives to RIGHT
LEFT
Known for Text Extraction📊 is easier to use than RIGHT
TRIM
Known for Remove Extra Spaces📊 is easier to use than RIGHT
LEN
Known for Character Count Calculation📊 is easier to use than RIGHT
LOWER
Known for Convert Text To Lowercase📊 is easier to use than RIGHT
SUBSTITUTE
Known for Replace Specific Text🔢 needs fewer arguments than RIGHT
📈 is more versatile than RIGHT
MID
Known for Extracting Text Segments🔢 needs fewer arguments than RIGHT