Calculate the rolling average of a range of values
=IFERROR(AVERAGE(OFFSET(reference_cell, (1-n_periods), 0, n_periods, 1)),"N/A")
This function calculates the rolling average of a range of values over a specified number of periods. It is useful for analyzing trends, smoothing out fluctuations, or identifying patterns in data. To use the rolling average formula, input the number of periods you want to average (n_periods) and identify the starting reference cell in your data column (reference_cell). For example, if you want a 5-period rolling average and your data starts from cell A1
, place the formula =ROLLING_AVERAGE(A1, 5)
in cell B6
. This formula will dynamically select the last 5 rows from the current position in column A, including the current row and the four previous ones. Drag this formula down column B to continuously calculate the rolling average as new data is entered into column A.
Function name: ROLLING_AVERAGE
Function description: Calculate the rolling average of a range of values
Argument placeholders: reference_cell, n_periods
Formula definition: =IFERROR(AVERAGE(OFFSET(reference_cell, (1-n_periods), 0, n_periods, 1)),"N/A")
Argument description (reference_cell): The starting reference cell for the rolling average calculation.
Argument example (reference_cell): A2
Argument description (n_periods): The number of periods to include in the rolling average calculation.
Argument example (n_periods): 5
Named functions enable the creation of custom, reusable formulas that mimic built-in functions, streamlining calculations and data manipulations. These functions simplify complex formulas, making spreadsheets more readable and less prone to errors. By encapsulating intricate logic within a single function call, they enhance consistency across your data. Utilizing named functions reduces the need to write lengthy formulas repeatedly, thereby improving workflow efficiency and productivity in data analysis and management.
Follow these simple steps to download and import the function into your spreadsheet. This method is the quickest and easiest way to add the named function to your Google Sheets document, but will not include the argument description and examples:
Once added, the function will be ready to use in your document like any other built-in function. Simply type the function name and provide the required inputs to use it in your calculations.
Follow these simple steps to integrate the function into your spreadsheet:
Once added, the function will be ready to use in your document like any other built-in function. Simply type the function name and provide the required inputs to use it in your calculations.
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