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NumXL Review

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Excellent

Revainrating 5 out of 5  
Rating 
5.0
Analytics, Statistical Analysis

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Description of NumXL

NumXL is a suite of time series Excel add-ins. It transforms your Microsoft Excel application into a first-class time series software and econometrics tool, offering the kind of statistical accuracy offered by the far more expensive statistical packages. NumXL integrates natively with Excel, adding scores of econometric functions, a rich set of shortcuts, and intuitive user interfaces to guide you through the entire process. NumXL comes packed with scores of functions that you can easily access through the function wizard in Excel, as well as several wizards and shortcut UIs to facilitate the time series analysis process and automate the most common steps (e.g. summary stats, modeling, calibration, diagnosis, forecast, and more.) (1) Description Statistics (2) Statistical Testing. (3) Correlogram Analysis (4) Date & Calendar calculation (5) Brown's, linear & Winter's exponential smoothing (6) ARMA/ARIMA/SARIMA & X12ARIMA (7) ARMAX/SARIMA-X (8) GARCH, E-GARCH & GARCH-M (9) MLR, GLM & PCA (10) Spectral Analysis: DFT, IDFT, HP, BK, convolution & Periodogram (11) Utilities: Interpolation, Regex, etc.

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Type of review

Revainrating 5 out of 5

A musthave tool especially Data Analyst

I have been using num XL for about 2 years now. This has saved me tons! The thing that i like most in this product are its capabilitys which make data analysis easy as 1 -2-3, it also helps me write code easily too so no need any professional skills required just few minutes will do the job perfectly well. Nothing at all disliked from my side except sometimes when there might be some missing features but nothing major or anything else really dislike would come across while working with…

Pros
  • Very user friendly interface.
  • Easy way To Organize Data & Use Excel Functions Without Learning How They Work
Cons
  • It is hard to say