[Power BI] DAX ALL Function Practical Series ③ Ranking Part 3 : Relative Rank Index
This is the third installment of our Ranking Analysis series. In Part 2, we identified market concentration by distinguishing between Top-N and Others. In this part, we will elevate the qualitative value of your ranking data through the "Relative Rank Index." Simply stating "It's 3rd place" carries a different weight in decision-making than saying "It's a core product within the top 20%." As datasets grow, relative indicators that show a position within the entire set become far more important than absolute ranking numbers. 1. Why do we need a 'Relative Rank Index'? In practice, being 5th place when there are only 10 products is worlds apart from being 5th place among 1,000 products. 5th out of 10 = Average 5th out of 1,000 = Top-tier In other words, it is difficult to accurately judge a product's strategic position based on absolute rank alone. Fair Comparison: Even if the number of items handled differs by store, objective compar...