How to create a Calculated metric
Before you start
Calculated metrics are formulas built from existing Custom metrics and/or Calculated metrics using operators (for example: Spend / Clicks, Clicks / Impressions * 100).
Recommendation:
- Use custom metrics for totals (Clicks, Impressions, Spend, Conversions)
- Use calculated metrics for ratios/averages (CTR, CPC, CPM, CPA, Conversion Rate)
Create a new Calculated metric
- Go to Metrics
- Click Create new (top right)
Step 1: Select metric type
- Select Calculated metrics
- Click Next
Step 2: Select owner (Account or Brand)
- Account = available to all Brands in your main account
- Brand = available only for the selected Brand
Click Next.
Step 3: Select the metrics (inputs)
Two lists are available so you can pick what you want to use in the formula:
- Custom metrics
- Calculated metrics
Open each list, select the metrics you want to include, then click Next.
Step 4: Build the calculation
Create your formula using:
- Selected metrics
- Operators: +, -, /, *, (, )
- Numbers (enter a value and click Add)
Click Next.
Step 5: Configure metric information
This step follows the same structure as Custom metrics, with one exception: currency exchange.
- Metric name
- External name (optional)
- Suffix (optional) (Percentage / Currency / none)
If suffix = Currency:
- You can use Ad account (suffix) or Static (suffix)
- Exchange (calculation) is not available for calculated metrics (it’s custom metrics only)
Then set:
- Metric goal (required)
- Comparison value (optional)
- Comparison value in colors (optional)
- Round metric (optional)
Click Submit.
Can I use calculated metrics inside other calculated metrics?
Yes. You can use calculated metrics inside other calculated metrics to create reusable “sub-metrics”. This is helpful when different parts of your setup require different calculations, but you still want one final KPI that combines them.
Typical use:
- Create one calculated metric per rule/logic
- Combine those calculated metrics into one final calculated metric