Forecast 3

Shows the third annual forecast based on actuals so far and updated assumptions for the selected period.

Forecast 3 is a revised financial projection, usually developed later in the year after Forecast 1 and 2. It’s based on updated information about actuals, market trends, and changes in the business environment.

Forecast 3 is used to reflect the expected result more accurately for annual reports, executive follow-up, or board reporting. By tracking multiple forecast versions, you can see how expectations have shifted over time.

In Homepal, you can analyze Forecast 3 as a monthly or accumulated value and compare it to actuals, budget, or previous forecasts.

How is it calculated?

Forecast 3 summed up

* Only includes forecast for specified time period.

Why is it important to follow?

Forecast 3 supports informed decision-making based on the most recent insights. It’s a key tool for late-year steering, helping identify risks and align with financial goals. Using multiple forecast versions improves precision and agility in financial planning.

Example of data source

Vitec Hyra & Teknisk förvaltning

Portfolio

Integrated module for rental administration and technical property management, handling lease contracts, work orders, maintenance, and day-to-day operations.

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Visma Ekonomisystem

Comprehensive accounting and business software for small and medium-sized companies.

Contract and lease management platform designed for property owners and managers.

Definition

Metric

Forecast 3

Shows the third annual forecast based on actuals so far and updated assumptions for the selected period.

Forecast 3 summed up

* Only includes forecast for specified time period.

Example of data source

Vitec Hyra & Teknisk förvaltning

Visma Ekonomisystem

Akribi

Developed together with 45+ real estate companies

Developed together with 45+ real estate companies

Liknande

Cumulative deviation from Forecast 3 (%)

Deviation from Forecast 3 (%) is the percentage variance between actual result and forecast 3. It represents either a positive or negative difference and indicates how well the organization has managed to stay within the planned budget for a specific activity, project, or operation. Cumulative means summing up or accumulating outcomes for different time periods (often months) over a certain period of time; in this case the current year. In other words, it is a cumulative or aggregated statement that shows the outcome so far. Cumulative outcome is often used to get a more comprehensive picture of the performance development or the outcome over time. It helps analyze the cumulative effect of events and transactions and enables the identification of trends and patterns that can be useful for decision-making and planning.

Cumulative deviation from Forecast 3

Deviation from Forecast 3 is the variance between actual result and forecast 3 for a given period. It represents either a positive or negative difference and indicates how well the organization has managed to stay within the planned forecast for a specific activity, project, or operation. Cumulative means summing up or accumulating outcomes for different time periods (often months) over a certain period of time; in this case the current year. In other words, it is a cumulative or aggregated statement that shows the outcome so far. Cumulative outcome is often used to get a more comprehensive picture of the performance development or the outcome over time. It helps analyze the cumulative effect of events and transactions and enables the identification of trends and patterns that can be useful for decision-making and planning.

Full-Year Forecast 3

Forecast 3 is the second revised estimate of the full-year result, based on actual outcomes for part of the year and adjusted expectations for the rest.

Deviation from Forecast 3

Deviation from Forecast 3 is the variance between actual result and forecast 3 for a given period. It represents either a positive or negative difference and indicates how well the organization has managed to stay within the planned forecast for a specific activity, project, or operation.

Deviation from Forecast 3 (%)

Deviation from Forecast 3 (%) is the percentage variance between actual result and forecast 3 for a given period. It represents either a positive or negative difference and indicates how well the organization has managed to stay within the planned forecast for a specific activity, project, or operation.

Accumulated Forecast 3

Accumulated Forecast 3 adds up the monthly values from the third version of the annual financial forecast through the selected period. It is typically created later in the year, using more accurate and updated data, and is used as a management and reporting tool. In Homepal, this KPI provides a clear overview of the projected year-to-date performance, and can be compared with actuals, budget, or previous forecast versions. It’s often used in executive and board-level reporting.

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