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Statistics

Exponential Smoothing Calculator

Forecast the next value in a chronological series of up to 8 data points using simple exponential smoothing with an adjustable smoothing factor.

Only the first this-many chronological periods below are used.

Higher values react faster to recent changes; lower values smooth more.

Your results

Next period forecast123.842
Latest smoothed value121.203

Simple exponential smoothing with α = 0.3

PeriodActualSmoothed
1105105
2110106.5
3108106.95
4115109.36
5120112.56
6118114.19
7125117.43
8130121.2

Calculation breakdown

Smoothing
Sₜ = α × Aₜ + (1 − α) × Sₜ₋₁, with S₁ = A₁
Forecast
next forecast = α × latest actual + (1 − α) × latest smoothed value

Worked example

With sales of 105, 110, 108, 115, 120, 118, 125 and 130 and a smoothing factor of 0.3, the smoothed series gradually tracks the upward trend, forecasting the next period at roughly 125–126 units.

Assumptions

  • Values must be entered in chronological order (oldest first).
  • Simple exponential smoothing works best for data without a strong trend or seasonality; more advanced methods (Holt-Winters) handle those better.

How this calculator works

Enter up to 8 chronological values (oldest first) and a smoothing factor (alpha). The calculator applies simple exponential smoothing, weighting recent observations more heavily, and forecasts the next period's value.

Frequently asked questions

What does the smoothing factor (alpha) control?

A higher alpha makes the forecast react faster to recent changes, while a lower alpha smooths out noise but responds more slowly to trends.

Is this suitable for seasonal data?

No, simple exponential smoothing doesn't account for trend or seasonality; more advanced methods like Holt-Winters are needed for those patterns.

How is this different to a moving average?

Exponential smoothing weights all past values, giving more importance to recent ones, whereas a simple moving average weights only the most recent window equally.

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