NeuroXL Predictor

Being able to forecast future conditions is important in many fields, such as inventory control, prediction of product demand, cost estimations and so on. While there are many applications that can help you in this regard, they are often not very accurate when dealing with missing data or non-linear relationships.

NeuroXL Predictor is a powerful neural network forecasting tool that comes in the form of an Excel add-in and can help you with complex prediction problems.

Naturally, you will probably need to go through the available documentation to learn how to make the most of NeuroXL Predictor, but you should be able to get the hang of things quickly enough, as the tool features a fairly intuitive layout.

Once installed, the add-in integrates seamlessly into Microsoft Excel and can be used to analyze data from any imported spreadsheet.

NeuroXL Predictor is a great utility for performing forecasts related to dynamic systems, such as the stock market. It can recognize subtle relationships between seemingly unrelated variables and determine which factors influence certain parameters.

Of course, this tool may prove to be invaluable in many other areas, including foreign exchange trading, financial planning, economic forecasting, currency trading and corporate bond ratings.

Novices may wish to limit themselves to inserting the required training and prediction parameters, but experts can try their hand at fine-tuning various advanced settings.

For instance, it is possible to alter the initial weights, learning rate and momentum, as well as select a different activation function or set the number of neurons in the hidden layer.

In conclusion, NeuroXL Predictor is a powerful Excel add-in that can help you perform accurate forecasts using neural network technology. It integrates seamlessly into Excel and offers extensive online documentation.