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variance analysis
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---
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id: variance-analysis
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id: va
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title: Variance Analysis
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---
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import useBaseUrl from '@docusaurus/useBaseUrl'; // Add to the top of the file below the front matter.

docs/analysis/variance_analysis.mdx

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</Zoom>
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</ div> <br />
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Now let's take a look at the contents of Variance Analysis and learn how to build a Variance Analysis report
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Now let's take a look at the contents of Variance Analysis and learn how to build a Variance Analysis report.
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## Features of Variance Analysis
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| | Click on any option to know more |
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|--- |--- |
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| 1 | [Choose Base Series](#1-choose-base-series) |
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| 2 | [Choose Scenario as Base Series](#2--choose-scenario-as-base-series) |
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| 3 | [Choose a time frame to perform analysis](#3-choose-a-time-frame-to-perform-analysis) |
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| 4 | [Set Base period and Compared period to calculate variances](#4-set-base-period-and-compared-period-to-calculate-variances ) |
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| 5 | [Show Absolute & % Variance](#5-show-absolute---variance) |
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| 6 | [Show Hidden Nodes](#6-show-hidden-nodes) |
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| 7 | [Show/ Hide Unit column](#7-show-hide-unit-column) |
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| 8 | [Apply Filter to report](#8-apply-filter-to-report) |
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| 1 | [Set Base Series](#1-set-base-series) |
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| 2 | [Choose Compared Series](#2--choose-compared-series) |
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| 3 | [Set period for variance analysis at period level](#3-select-period-for-variance-analysis-at-period-level) |
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| 4 | [Choose Time Range for variance analysis](#4-choose-time-range-for-variance-analysis) |
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| 5 | [Absolute Variance and % Variance](#5-absolute-variance-and--variance) |
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| 6 | [Show/Hide Unit column](#6-show-hide-unit-column) |
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| 7 | [Download as Excel](#7-download-as-excel) |
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| 8 | [Show Hidden Nodes](#8-show-hidden-nodes) |
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| 9 | [Search for a node](#9-search-for-a-node) |
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| 10 | [Hide the features panel](#10-hide-the-features-panel) |
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| 10 | [Apply Filter to report](#8-apply-filter-to-report) |
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| 11 | [Hide the features panel](#10-hide-the-features-panel) |
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</div> <br />
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## 1. Set Base Series
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Base Series can be selected either from the available Data Series or Scenarios created under the Simulate tab
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Base Series can be selected either from the available Data Series or Scenarios created under the Simulate tab.
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Here, a Data Series - '2020 Actuals' is set as Base Series
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Instead, a Scenario that you have created in the Simulate tab can be set as Base Series.
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</div> <br />
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Here, a Scenario - 'Scenario 1' is set as Base Series.
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Here, a Scenario - 'Scenario 1' is set as Base Series
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<div style={{textAlign: 'center'}}>
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One or more Data Series can be choosen as Comaprison Series as shown below.
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Here, Data Series - '2020 Actuals' and '2020 Forecast' are choosen as Compared Series.
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Here, Data Series - '2020 Actuals' and '2020 Forecast' are choosen as Compared Series
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<div style={{textAlign: 'center'}}>
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<Zoom>
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## 3. Select period for Variance Analysis at period level
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The period for which you would like to perform Variance Analysis can be set as described below.
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The period for which you would like to perform Variance Analysis can be set as described below
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### Same Period for Base Series and Compared Series
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</div> <br />
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<div style={{textAlign: 'justify'}}>
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The Custom time range - Jan-Apr has been set as shown in the above image. The canvas displays the Variance Analysis for the Custom time range as below.
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The Custom time range - Jan-Apr has been set as shown in the above image. The canvas displays the Variance Analysis for the Custom time range as below
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</div> <br />
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<div style={{textAlign: 'center'}}>
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<div style={{textAlign: 'justify'}}>
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The unit column is seen by default on Variance Anaylsis as below. To hide the column, uncheck unit to disable the feature.
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</div> <br />
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</div>
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<div style={{textAlign: 'center'}}>
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<Zoom>
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## 7. Download as Excel
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<div style={{textAlign: 'justify'}}>
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Download as Excel is used to download the Variance Analysis report as an excel file to your system. This feature is available only on
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Power BI Service.
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</ div> <br />
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Download as Excel is used to download the Variance Analysis report as an excel file to your system.
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<div style={{textAlign: 'center'}}>
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<Zoom>
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<img alt="ValQ logo" src={useBaseUrl('/doc-images/analyze/analyze11.png')} />
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</Zoom>
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</div>
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</div> <br />
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>**Note** <br /> Download as Excel feature is available *only* on Power BI Service.
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## 8. Show Hidden Nodes
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<div style={{textAlign: 'justify'}}>
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Enable Show hidden nodes option to display the nodes that were hidden while building the model under the Model tab.
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</div> <br />
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Here, the node 'East' and its children are hidden.
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Here, the node 'East' and its children are hidden
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<div style={{textAlign: 'center'}}>
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> ** Note** <br /> On enabling Show hidden nodes option, the nodes stays hidden on the other tabs.
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## 8. Search for a node
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## 9. Search for a node
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<div style={{textAlign: 'justify'}}>
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</Zoom>
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## 9. Apply Filter to report
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## 10. Apply Filter to report
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<div style={{textAlign: 'justify'}}>
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To remove the filter simply click on the 'x' next to the filter.
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To remove the filter simply click on the 'X' next to the filter.
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Here's the same filter with only negative variances. The report below shows the bottom 5 performers.
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## 10. Hide the features panel
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## 11. Hide the features panel
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<div style={{textAlign: 'justify'}}>
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Click on '^' to hide the features panel of the Variance Analysis screen. Hide the panel to take a clear look at the report and use it as presentation mode.
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Click on '^' to hide the features panel on the Variance Analysis screen. Hide the panel to take a clear look at the report and
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you can use this view as presentation mode.
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</div> <br />
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<div style={{textAlign: 'center'}}>

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