Definition
MoM is a comparison of data between one month and the previous month to track short-term growth, trends, or performance.
Related Services
Data analytics, financial reporting, and business intelligence services help businesses analyze MoM performance and make data-driven decisions.
Problem and Application
MoM analysis is useful for tracking rapid changes but may not account for seasonal fluctuations or longer-term trends.
Conclusion
MoM is a useful metric for assessing short-term performance and growth, though it should be used alongside other time-based metrics for a complete picture.
