--- title: The Exponential Smoothing Statlet description: Exponential smoothing is widely used to forecast economic and financial data. image: https://www.statgraphics.com/hs-fs/hub/402067/file-2043925774.png --- [![stat19plain-01-1](https://www.statgraphics.com/hs-fs/hubfs/stat19plain-01-1.png?width=2324&name=stat19plain-01-1.png "stat19plain-01-1")](https://www.statgraphics.com) - [Products](https://www.statgraphics.com/product) - [Learn](https://www.statgraphics.com/statistics-library) - [Training](https://www.statgraphics.com/training-and-consulting) - [Product](https://www.statgraphics.com/product) - [Centurion XVIII](https://www.statgraphics.com/centurion-xvii) - [Sigma Express](https://www.statgraphics.com/statgraphics-sigma-express) - [Online](https://www.statgraphics.com/statgraphics-stratus) - [Web Services](https://www.statgraphics.com/statgraphics-web-services) - [Learn](https://www.statgraphics.com/statistics-library) - [Statistics Library](https://www.statgraphics.com/statistics-library) - [Six Sigma & Lean](https://www.statgraphics.com/six-sigma-lean) - [Instructional Videos](https://www.statgraphics.com/instructional-videos) - [Applications/ Case Studies](https://www.statgraphics.com/application) - [Training & Consulting](https://www.statgraphics.com/training-and-consulting) - [Statpoint Seminars](https://www.statgraphics.com/statpoint-seminar) - [Statpoint Instructors](https://www.statgraphics.com/statpoint-instructor) - [Training Partners](https://www.statgraphics.com/training-partners) - [Webinars](https://www.statgraphics.com/webinars) - [Support](https://www.statgraphics.com/customer-support-overview) - [Blog](https://www.statgraphics.com/blog) - [Store](http://store.statgraphics.com) ### Statgraphics ## [Centurion](https://www.statgraphics.com/centurion-overview) #### [LEARN MORE](https://www.statgraphics.com/centurion-overview) ### Statgraphics ## [Sigma *express*](https://www.statgraphics.com/statgraphics-sigma-express) #### [LEARN MORE](https://www.statgraphics.com/statgraphics-sigma-express) ### Statgraphics ## [*Stratus*](https://www.statgraphics.com/statgraphics-stratus) #### [LEARN MORE](https://www.statgraphics.com/statgraphics-stratus) ### Statgraphics ## [Web Services](https://www.statgraphics.com/statgraphics-web-services) #### [LEARN MORE](https://www.statgraphics.com/statgraphics-web-services) ## [Statistics Library](https://www.statgraphics.com/statistics-library) #### [LEARN MORE](https://www.statgraphics.com/statistics-library) ## [Six Sigma & Lean](https://www.statgraphics.com/six-sigma-lean) #### [LEARN MORE](https://www.statgraphics.com/six-sigma-lean) ## [Instructional Videos](https://www.statgraphics.com/instructional-videos) #### [LEARN MORE](https://www.statgraphics.com/instructional-videos) ## [Applications/ Case Studies](https://www.statgraphics.com/statistical-applications) #### [LEARN MORE](https://www.statgraphics.com/statistical-applications) ## [Statgraphics Seminars](https://www.statgraphics.com/statpoint-seminar) #### [LEARN MORE](https://www.statgraphics.com/statpoint-seminar) ## [Statgraphics Instructors](https://www.statgraphics.com/statpoint-instructor) #### [LEARN MORE](https://www.statgraphics.com/statpoint-instructor) ## [Training Partners](https://www.statgraphics.com/public-seminar) #### [LEARN MORE](https://www.statgraphics.com/public-seminar) ## [Webinars](https://www.statgraphics.com/webinars) #### [LEARN MORE](https://www.statgraphics.com/webinars) ![bloglogo3-01](https://www.statgraphics.com/hs-fs/hubfs/bloglogo3-01.png?width=400&height=101&name=bloglogo3-01.png "bloglogo3-01") Oct 15, 2014, 6:55:00 AM ## [The Exponential Smoothing Statlet](https://www.statgraphics.com/blog/the-exponential-smoothing-statlet) ![](https://www.statgraphics.com/hs-fs/file-2017572828-jpg/website-assets/neil-polhemus.jpg?width=50&name=neil-polhemus.jpg) By: [Dr. Neil Polhemus](https://www.statgraphics.com/blog/author/dr-neil-polhemus) Published under: [statlets](https://www.statgraphics.com/blog/topic/statlets), [data visualization](https://www.statgraphics.com/blog/topic/data-visualization), [exponential smoothing](https://www.statgraphics.com/blog/topic/exponential-smoothing), [forecasting](https://www.statgraphics.com/blog/topic/forecasting), [financial data analysis](https://www.statgraphics.com/blog/topic/financial-data-analysis) ## ![V17_Graphic_Image_Border_feature_highlight_demo_map_visualization](https://www.statgraphics.com/hs-fs/hub/402067/file-2043925774.png?width=550&name=file-2043925774.png "V17_Graphic_Image_Border_feature_highlight_demo_map_visualization") Exponential smoothing is widely used for forecasting economic and financial time series data. The *Exponential Smoothing Statlet* helps analysts quickly select an exponential smoothing model by letting them change the smoothing parameters dynamically. The effect on the forecast function and the error statistics is immediately visible as the parameters are changed. An Optimize button may also be used to find values of the smoothing parameters that minimize the one-ahead forecast errors.  See the *Exponential Smoothing Statlet* in action! [![Watch The Video](https://no-cache.hubspot.com/cta/default/402067/f0436373-c6fc-476c-9349-93ec55010f34.png)](https://cta-redirect.hubspot.com/cta/redirect/402067/f0436373-c6fc-476c-9349-93ec55010f34)   **[Learn more about the extraordinary features in Statgraphics Centurion XVII.](https://www.statgraphics.com)** ---   # Something to say? ### Subscribe to our blog: The Statgraphics Blog is designed to share knowledge and ideas amongst all members of the Statgraphics community. 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