# Forecasting Data based on available Data

**URL:** <https://community.wolfram.com/t/forecasting-data-based-on-available-data/1931>\
**Category:** Questions\
**Tags:** business-analytics, finance, mathematica\
**Created:** [April 9, 2014, 11:13am UTC](https://community.wolfram.com/t/forecasting-data-based-on-available-data/1931 "2014-04-09T11:13:57Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![krishnask](https://avatars.discourse-cdn.com/v4/letter/k/ee7513/32.png) [@krishnask](https://community.wolfram.com/u/krishnask)\
**Post date:** [April 9, 2014, 11:13am UTC](https://community.wolfram.com/t/forecasting-data-based-on-available-data/1931/1 "2014-04-09T11:13:57Z")

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Hi All,  
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Is there a feature in any of the offerings where existing data can be used to predict future trends.  
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suppose i have 3 months of energy consumption data with me will i be able to use this  
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to predict trends for next three months?. Can the same be used for pareto analysis in such case  
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;where i can provide existing data and it can calculate and plot the pareto chart?  
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thanks in Advance for reply.  
Regards  
KB

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**Author:** ![dreiss](https://yyz1.discourse-cdn.com/wolfram/user_avatar/community.wolfram.com/dreiss/32/29094_2.png) [@dreiss](https://community.wolfram.com/u/dreiss)\
**Post date:** [April 9, 2014, 5:51pm UTC](https://community.wolfram.com/t/forecasting-data-based-on-available-data/1931/2 "2014-04-09T17:51:12Z")

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Look into **TimeSeriesForecast.**

[[TimeSeriesForecast—Wolfram Documentation](http://reference.wolfram.com/mathematica/ref/TimeSeriesForecast.html)

]([TimeSeriesForecast—Wolfram Documentation](http://reference.wolfram.com/mathematica/ref/TimeSeriesForecast.html))Of course, in any particular application, the details of that application may require that you design something targeted to your specific details from the ground up.