4 ms·
Agree you got to look @ monthly. Now if you show some growth and want to calculate the growth rate, CMGR (compound monthly growth rate) is your best friend! h
by xivzgrev 11y ago
Agree you got to look @ monthly.
Now if you show some growth and want to calculate the growth rate, CMGR (compound monthly growth rate) is your best friend!
http://www.investopedia.com/terms/c/cagr.asp http://www.investopedia.com/terms/c/cagr.asp
Do this:
1) X = # of sessions in october 2014
2) Y = # of sessions in october 2015
3) CMGR (compound MONTHLY growth rate) = (Y / X) ^ (1/12)-1
Here's an example:
X = 100
Y = 200
CMGR = (200/100) ^ (1/12) - 1 = 5.9% monthly growth
Double check...100 * (1.059)^12 = 199...damn rounding :)
Hope that helps!