Summary
The annual growth forecast algorithm is in place to make it easy to enforce a year-over-year annual growth pattern relative to previous year actuals.
Settings
Percent
It functions by examining your actuals from one year ago (e.g. 12 months ago if you are forecasting monthly), and applying a target percent growth to that value.
Once projections have reached into the future, it looks at the forecasted value from 12 months ago and applies the same percent growth value to the predicted quantity.
Auto
This algorithm supports the option of asking StockIQ to auto-calculate the percent growth from previous history, which it can do if you have at least one full year and 25% of another from which to estimate the growth pattern.
The auto-calculated growth is the result of your previous year's worth of periods, compared to the year before that. For example, if you are in June of 2025, May 2025-June 2024 are compared to May 2024-June 2023, with as many overlapping points as are available.
Troubleshooting
Annual Growth forecast algorithm is not modified by StockIQ seasonality, since the year-over-year growth encapsulates whatever pattern or seasonality may be present already. Therefore, this model is a good choice if you expect the next 12months to be the same as the last 12 months and is especially good at capturing seasonality if the last year was a "normal seasonal" year.