ga4 calculated metrics. Currently, you need to take a couple of steps before you can see this metric in. ga4 calculated metrics

 
 Currently, you need to take a couple of steps before you can see this metric inga4 calculated metrics  Social media awareness metrics

Using the built-in Google Analytics connector, you will connect to GA4 at the property-level as there are no views in GA4. How Google Analytics is organized Create an organization Switch between accounts and properties Structure your Analytics account Edit / delete accounts, properties, and data streams Move a property Delete / restore accounts and properties Access and data-restriction management Add, edit, and delete users and user groups Universal Analytics. A more comparable metric in GA4 can be found using Explorations to view Total users. Active Users are one of the most important new metrics in GA4. You can't use hyphens in the name, but you can use underscores and spaces instead. Create a new metric with the following settings below (change the 0. Step-3: Click on the three dots menu next to the user property (aka user-scoped custom dimension) you want to delete: Step-4: Click on the ‘ Archive ‘ option:All these metrics are native and available with any version of GA4, standard or 360. The instructions are to go to the Admin option in the left menu, then go to Custom definitions, and then finally select the Calculated metrics tab. To calculate virality rate, divide a post’s number of shares by its impressions. [GA4] Calculated metrics; 5 of 20 [GA4] Collect data about your users; 6 of 20 [GA4] Predefined user dimensions; 7 of 20 [GA4] About. g. Keep in mind that these two versions of Google Analytics have…To view bounce rate in GA4 reports: From the left menu, select Reports . If you have many metrics in the table, you may need to scroll to the right to view the metrics. [GA4] Calculated metrics; 5 of 20 [GA4] Collect data about your users; 6 of 20 [GA4] Predefined user dimensions; 7 of 20 [GA4] About Analytics sessions; 8 of 20 [GA4] Understand user metrics; 9 of 20 [GA4] User engagement; 10 of 20 [GA4] Engagement rate and bounce rate; 11 of 20 [GA4] Traffic-source dimensions, manual tagging, and auto. And a 90% scroll is so much better than a 25% scroll. In Google Analytics, click Admin. 1) Create a JavaScript variable in GTM to detect the '#:~:text=' fragment in the URL:GA4 standard reports are arranged quite differently than the standard reports in Universal Analytics. In the following query we will also add these columns and calculated metrics: Product. GA4 Calculated metrics is a feature in Google Analytics 4 that allows you to create your own metrics by combining or using mathematical operators on. By default, the global currency type of a property or reporting view is USD. #2 Add to carts – It is the total number of times users added items to their shopping carts. 3. To do this, click on "Create" in the top left corner of your Looker Studio account, and select "Data Source" from the dropdown menu. ‍. Create your own metrics using existing and custom metrics to define a formula for a new metricCalculated metrics are metrics that combine one or more existing or custom metrics within a mathematical f. Finding bounce rate in GA4 is a little tricky. Google Analytics 4 tracks two types of ecommerce metrics: event-scoped and item-scoped. This metric is populated automatically. This involves analyzing user pain points and then addressing them to improve the overall online customer experience. On the next. Now, GA4 integrates different engagement rates, sessions, time, and other engagement metrics. In the Value field, enter {. User acquisition dimensions can be found here. You can access calculated metrics in reports, explorations, and the Google Analytics Data API. Now that we understand how the bounce rate is calculated in Google Analytics 4, you may. To override default cookie expiration and cookie update settings: In Admin, under Data collection and modification, click Data streams. Google Analytics uses this information to populate engagement metrics like User engagement and Average engagement time. BigQuery has enough time and resources to calculate the precise number of sessions and therefore doesn't apply the efficient calculation method. Here are the steps that will be required (detailed descriptions of each step below): Create a custom dimension for the promotion name and two custom metrics for promotion views (aka impressions) and promotion clicks in GA4. Let’s calculate the user conversion rate and session conversion rate of each goal (aka conversion event) in. If you have many metrics in the table, you may need to scroll to the right to view the metrics. If you’ve already implemented Google Analytics 4 (GA4) on your website or app, you may have noticed a wildly different set of metrics than what you’re used to in Universal Analytics (UA). Step 2: Click on ‘New’ to create a new scroll event tag for your GA4 property. If you're migrating from Universal Analytics and want to understand how the calculation for bounce rate is different in Google Analytics 4, see [UA→GA4] Comparing metrics: Google Analytics 4 vs Universal Analytics. Skip to main content. GA4 also added new engagement metrics, and sessions are calculated differently. Introducing Google Analytics 4 (GA4). Entrance rate is the percentage of sessions that started on a page or screen. events_*` limit 3. Calculated fields come in a few basic forms, including: Arithmetic: addition, subtraction, multiplication and division. Currently, you need to take a couple of steps before you can see this metric in the GA4 UI. GA4 is giving us a new way to think about success metrics for the business and what. Click Override cookie settings. Google Analytics 4 (GA4) Session is a metric on its own. When you create a calculated metric in a data source schema, the calculated metric is available in any report that uses that data source schema. The GA4 conversion rate metrics are not available in the standard GA4 reports. Remove First user medium from the ROWS area. All you have to do is head over to Reports on the left-hand side of the page. Session acquisition dimensions can be found here. Select ‘Events’ from the drop-down menu. In the Settings section, click Show all to see all. To start, hit the pencil icon in the top right of the report to. 💡. BigQuery considerations. It is. Instead, GA4 automatically marks 4 collected mobile app events as conversions. Looking at our own sampling of data, we found engagement rates between 36%-56% (with one outlier at an impressive 91%!), for an average of 53%. The GA4 average engagement time is calculated as a sum of user engagement durations per active user. You should familiarize yourself with the different metrics and dimensions. Entrances shows how many times the first event in a session happened on a page or screen. Step-2: Now click on ‘Engagement’. To set up a Custom Metric in GA4, follow the steps below: (the ‘gear’ icon in the bottom-left corner) In the “Property” column, click on (circled in red in the screenshot below) 4. We’ll review how it all works in this Explorations guide. [GA4] Calculated metrics; 5 of 20 [GA4] Collect data about your users; 6 of 20 [GA4] Predefined user dimensions; 7 of 20 [GA4] About Analytics sessions; 8 of 20 [GA4] Understand user metrics; 9 of 20 [GA4] User engagement; 10 of 20 [GA4] Engagement rate and bounce rate; 11 of 20 [GA4] Traffic-source dimensions, manual tagging, and auto. Viewing the report’s native version in the platform: know where to find it and employ advanced filters as needed. Since it is the fourth version, it is called GA4. Here’s how to create calculated metrics in Google Analytics (remember, you can set up to five in each reporting view): 1. ” The bounce rate still exists in GA4, however, it’s calculated slightly differently from how it is in UA. The best place to access the bounce rate metric in GA4 is within the Explore section of the. Now we can divide our Add to Cart events by our Product Click events. Get the template free. This reporting functionality is built into Google Analytics 4, but it takes some getting used to. Step 2: Click Join another table, search and select the data source. If you have many metrics in the table, you may need to scroll to the right to view the metrics. This can include tracking downloads, clicks on external links and more. You can populate values for this metric from the ‘ quantity ’ and ‘ price ’ parameters in the ‘ items. In the digital marketing world, it’s like the new model of your favorite car. However, you won’t see the same functionality to select the audience available in Looker Studio. In Dimension name, enter a unique name for the new dimension. g. Now, GA4 integrates different engagement rates, sessions, time, and other engagement metrics that help us understand how users interact with your pages. Step 4: An overlay will appear on the right-hand side with a list of tag templates. GA4 metric: Definition: engaged sessions: number of engaged sessions that meets the minimum threshold defined by GA4 user in. In the row for an existing group, click > Copy to create new. Note: You will need collaborate or edit permissions to create, edit, and share insights. The following core user metrics are used to define how many people visit your site or app: "Total users" is the total number of people who visited your site or app in the specified date range. It also shows the data trend for each of these metrics once you click on a. Event Scoped Custom Dimensions in GA4 – Tutorial #7 GA4 Metrics. 1) Connect GA4 to Looker Studio. Create a user-scoped custom dimension. Other dimensions & metrics you are used to in your Google Analytics analysing and reporting are a bit harder to access. Make sure you are in the correct account and property. In the context of GA4, a custom metric is an event parameter. This gives you great flexibility and refinement in how you measure your. Analytics Help. 1. You can do this in GA4 in the explore area. Google Analytics 4 (GA4) recently announced a new feature, known as “Calculated Metrics” that enables users to create metrics by applying mathematical operations to existing metrics. If you have many metrics in the table, you may need to scroll to the right to view the metrics. Universal Analytics, over-calculated the time on "Page A" and could not count time for "Page B", while GA4 is able to accurately measure both of them. The following table provides the definition for each of these user metrics: Metric. #8 GA4 Ecommerce9. This gives us the following result: Remember, only row 1,2 and 3 in this example are real rows in our table. It can be used as a long-term remote storage for Prometheus. The Engagement overview report is a pre-made overview report that summarizes your engagement data. Here you can get a clue about the total number of organic search visitors. Just a technical. Select the GA4 data source by clicking on the edit button. The metrics include: Engaged sessions; Engagement rateGoogle Analytics 4 (GA4) calculated metrics allow you to merge various metrics to generate new ones that can be employed in your reports. For example: If you store the gender of signed-in users in a CRM system, you could combine this information with your Analytics data to see Pageviews by gender. Analytics Help. Creating either a custom dimension or metric is a two step process. 1. Event-scope means the value of the custom dimension is calculated and sent for each event. #8 GA4 EcommerceStep-3: Click on the ‘ Link ’ button: Step-4: Click on the button ‘ Choose a BigQuery project ’: Step-5: Click on the checkbox next to the BigQuery project where you want to send your GA4 data, and then click on the ‘ Confirm ‘ button. Note: unlike in Universal Analytics, you won’t find a metric labeled as “Bounce Rate” in Google Analytics 4. Once you reach the Google Analytics homepage, click the gear icon in the lower left corner. 3. Back in UA, the main engagement-based metric that site owners looked at was bounce rate. Preview and transform your GA4 data. Here, you can rename, rearrange, and merge columns, as well as hide the columns you don’t need, add new ones, and even calculate custom. Evaluate user engagement. This includes metrics like Item views, Add to carts, purchases and revenue, as well as calculated metrics like Cart-to-view rate and Purchase-to-view-rate. Create a user-scoped custom dimension. Google Analytics 4 Calculated Metrics with Examples. Click the data stream for your website, then under Google tag, click Configure tag settings. If you're migrating from Universal Analytics and want to understand how the calculation for bounce rate is different in Google Analytics 4, see [UA→GA4] Comparing metrics: Google Analytics 4 vs Universal Analytics. Google Analytics can use machine learning to provide estimated data if people choose to decline cookies on. GA4 (Google Analytics 4) Ecommerce Tracking via GTM – Tutorial;For event-level revenue data, GA4 uses the ‘value’ and ‘currency’ parameters from the purchase event to calculate event-level revenue metrics like Total revenue and Purchase revenue etc. VictoriaMetrics is fast, cost-effective and scalable time series database. If you have many metrics in the table, you may need to scroll to the right to view the metrics. At the bottom of the page, click Configure tag settings. Note: calculated metrics work retroactively on your data, but custom metrics don’t. Real User Monitoring Metrics is crucial in determining how effective a digital product is. Let us suppose that the average engagement time of 9 minutes and 30 seconds is an outlier. You must have set up conversions. 3. #8 GA4 Ecommerce. There are also a couple metrics to which we didn’t have access in UA Data Studio reports: “Total purchasers” and “First time Purchasers” are new and useful additions, saving us from having to configure these metrics as calculated fields. 4. In BigQuery, since you have access to the granular data, you can calculate the exact cardinality for these metrics. With the help of unnest and parse for dates or timestamps we can do the trick. The total number of users will be higher than the number of active users in GA4. In Scope, select User. Go to “Admin”. Evaluate user engagement. Sessions break when campaign parameters change. In addition to being able to view session counts in Google Analytics, you can export your data to BigQuery so you can query your session counts through a SQL-like syntax. In Tags, open your Google Analytics: GA4 Configuration tag. The following are the general syntax for Custom Metrics. For example, The addition of two or more metrics. The following are the general syntax for Custom Metrics. In the digital marketing world, it’s like the new model of your favorite car. ” Then, select “. For instance, you have the option to create custom metrics to track metrics like revenue. The ‘Items revenue’ metric counts the total revenue generated from selling a particular item. Skip to main content. You must have the Editor role on the property to create or edit custom dimensions & metrics. Calculated metrics limits are added to GA4 vs GA4 360: Type Limit; GA4: 5: GA4 360: 50: Google Ads campaign type updates the description to include Demand Gen campaigns. High-level Differences. #3 Chart specific metric. First, log into Google Analytics and click the Explore tab in the left sidebar menu. We’ll cover 5 things in this blog post. The user_engagement event further enriches session measurement by adding additional session-related metrics. Drag Last audience name into the ROWS area. Next, in the “Data display” card, select “Custom definitions”. You can also customize a report and create an exploration to include engagement metrics. This represents the first drone. Here are a few potential reasons: 1. Metrics is a cloud-based accounting and consulting firm for corporations. The total revenue does not include tax and shipping charges. If you really want to understand how Google Analytics 4 (GA4): collects data, defines users, defines sessions, and defines metrics and/or if you want to implement cross-domain tracking, cross-device tracking or any other specialized tracking in GA4, then you need to develop a good great understanding of GA4 cookies. In addition to being able to view session counts in Google Analytics, you can export your data to BigQuery so you can query your session counts through a SQL-like syntax. 3. To keep it as simple as. In my experience, the majority of Ecommerce shops and non-Ecommerce shops with GA4 Ecommerce implemented, want to report on Conversion Rate metrics. Step-2: Under ‘ User-defined variable ’, Click on ‘ New ’. Add New users as a metric to Table 1. An example of this is Returning Users which is a subset of. Select ’Funnels’ from the left panel. You can view and transform the GA4 data before it is connected to Looker Studio. In Admin, under Data display, click Custom definitions. This outlier is skewing the ‘average engagement time’ because it has increased the value of the range. Practical and useful information on all GA4 dimensions and metrics Cheat Sheet. Page View Per Session. Runs one of the most popular blogs in the world on digital analytics. In Report data section of the right panel, click Metrics. Get clear on the events you want to track. For example, consider crafting a calculated. Bring in: Dim - Page Title. You can learn how the new metric is calculated in the help doc. "Active users" (or just "Users") is the number of people who engaged with your site or app in the specified date range. When you scroll down the ‘Queries’ report, you will see a data table just below the two graphs, which list the search console dimension named ‘Organic Google Search Query’ and the following search. Whenever someone loads a page of your website or their browser history state is changed by the active site, an enhanced measurement event called. This step is required in order to get the Google Ads data in your GA4 property. If you're migrating from Universal Analytics and want to understand how the calculation for bounce rate is different in Google Analytics 4, see [UA→GA4] Comparing metrics: Google Analytics 4 vs Universal Analytics. In my experience, the majority of Ecommerce shops and non-Ecommerce shops with GA4 Ecommerce implemented, want to report on Conversion Rate metrics. Calculated metrics are the result of a calculation involving two or more relevant counting metrics. #2 The data threshold is independent of the data sampling. Introducing calculated metrics in Google Analytics 4. For example, a customer adds 3 quantities. The new feature will be available across reports, explorations, and the. Exporting the report as a spreadsheet will save you time. Out of these sessions, 200 resulted in newsletter sign-ups. A lot of Google Analytics 4 dimensions and metrics can be derived straight from the tables without performing calculations on the data. Menu. analytics_250794857. GA4 has much focus on the users’ journey. Follow the steps below to create a landing pages report in GA4 via the exploration report template: Step-1: Login to your GA4 account and then click on the ‘ Explore ‘ tab: Step-2: Click on the ‘Blank ‘ report template: Step-3: Rename your report to ‘ Landing Pages ‘:A few core metrics in Google Analytics (GA) are changing, meaning any analysis or measurement you are doing with these fields will be impacted. These new metrics are based on “engaged sessions,” which Google has so kindly defined as: Sessions that lasted longer than 10 seconds, or had a conversion event, or had two or more screen or pageviews. That’s equivalent to a 70% engagement rate, leaving you with a 30% bounce rate. Google Analytics 4 Calculated Metrics with Examples. com. Google has announced an expansion of ecommerce measurement capabilities in Google Analytics 4 (GA4). For this exercise, we need the following elements:. It’s the primary metric that tour and activity operators should pay attention to in the new analytics platform. Use a custom metric when you want to measure the characteristic of a dimension (whether it is default or custom) that can not be measured by any default metric. It’s the primary metric that tour and activity operators should pay attention to in the new analytics platform. Use calculated metrics in GA4 (Google Analytics 4) to create your own metrics based on other existing metrics from your reports. Step 1: Click on the admin section in lower left. Sessions in Google Analytics 4 (GA4) are calculated in a different way if compared to sessions in Universal Analytics. Evaluate your customer LTV by audience. Metrics Chartered Professional Accounting, Victoria, British Columbia. Give it a descriptive name and select your formatting type. 2. Step 1: Create “Gross Margin” Calculated Metric. The report appears on the left in the Life. Introducing Google Analytics 4 (GA4). Google Analytics collects a user property from your website when the user property is set for the first time on a page (usually through the first events on a page) or when the value assigned. A calculated field is a formula that performs some action on one or more other fields in your data source. Step 4: Click on Adjust session timeout. #3 Data thresholding is not the same as data cardinality (which results in the (other) row. Adding it at the data source level makes it easy to add the new dimension/metrics to a chart and not have to create the dimension/metrics again. You can click Start over in the top right to start with a new path exploration. · Engaged session per user. Step-3: A new console will open like below. The GA4 events report counts ‘total users,’ which they define as ‘the total number of unique users who log an event. To calculate the new bounce rate, subtract your engagement rate from 100%: Bounce rate = 100% − engagement rate. Step 2: Click on the ‘View All Insights’ option. GA4 (Google Analytics 4) Metrics Tutorial with Free Google Analytics 4 Ebook;. When GA4 was introduced, it even disappeared for a while. Exits shows how many times the last event in a session happened on a page or. Nominated for Digital Analytics Association Awards for Excellence. If you are tracking both web and app data in your GA4 property, be sure to take the additional app traffic into consideration when comparing pageview metrics between the two. The Range is calculated as: 9 minutes 30 seconds – 4 minutes 30 seconds = 5 minutes. Pageviews. The second version of Google Analytics (GA2) is Universal Analytics. In Google Analytics 4, there are three User metrics: Total Users, Active Users, and New Users . In the Custom dimensions tab, click Create custom dimensions. In GA4, this metric is not available by default, but you can still access it via default reports and Explore. 71 (or 102%, 101%, and 99% as a percentage of the GA4 data source). All data updated - v1. Pages per session in UA are replaced by Views Per Session in GA4. In the row for the custom dimension or metric, click > Archive. 2. , that show user engagement. The main reason of this difference is the way session metrics are calculated. How it's populated. ‍. Lastly, click Configure join, and select Full outer join. Step 1: Add a metric to your Data Studio report. Entrances shows how many times the first event in a session happened on a page or screen. Please note that this custom calculation will only work if your shipping costs. Follow the below steps to start linking your GA4 property to BigQuery. Make sure you are in the correct account. For example, your report could be based on 100% of the available data and still, data thresholding is applied to it. Avg Page Load Time: The average amount of time (in seconds) it takes that page to load, from initiation of the pageview (e. 4. 5 Holiday Wishes for GA4; 3 Questions to Consider When Using GA4 Calculated Metrics; HIPAA Concerns with Google Analytics? Consider These Options; An Open Letter to Google Ads Advertisers; How to. You will have to (re)calculate them, which can require. #7 GA4 Metrics. This gives us the following result: Remember, only row 1,2 and 3 in this example are real rows in our table. Below, we’ve included a few examples of ADR calculations for reference: Hotel 1: $11,516. In other words, if GA4 is going to report fewer active. #8 GA4 Ecommerce. Edit existing channels, add new channels, or remove existing channels (see instructions below). Go to “Admin”. As you can see from the above image, insight cards are available by default. It replaces Average Time on Page as a metric in Google Analytics 4; Average Time on Page metrics recorded only time that a user spent on a page during a session, regardless of if the user engaged in any events (link clicks, scrolling, etc. Following are the other three versions: The first version of Google Analytics (GA1) is the Classic Google Analytics which uses the ga. Creating a user lifetime report. Users. Media. item-scoped metrics in GA4. With the help of unnest and parse for dates or timestamps we can do the trick. [GA4] Engagement rate and bounce rate Use the engagement rate and bounce rate metrics to measure engagement on your website or app About the metrics Engagement rate and bounce rate are. The response is split. Google Analytics 4 Calculated Metrics with Examples. You can also access the Metric Detail Page if you have the List View selected on your Metrics screen. Session is based on session_start event. · Average Engagement Time per session. Metrics like Views per Session, Bounce rate, etc. metrics in GA4 serve the purpose of measuring and monitoring customised numerical data that goes beyond the default metrics offered by GA4. GA4 also uses Users, but this is based on Active Users, which is calculated differently, so can lead to confusion if comparing the two metrics. How to create a calculated metric. In the left-hand menu, click on Exploration to create a new exploration report. Avg. Different navigation with fewer out-of-the-box reports in GA4. Event-scope means the value of the custom metric is calculated and sent for. Migrate from Universal Analytics. You can't use hyphens in the name, but you can use underscores and spaces instead. Then, you will select the kind of data to use as the starting point or. This metric is calculated by adding together the number of user sessions that lasted longer than 10 seconds and featured either a conversion event or at least two page views. You will notice that your session count in GA4 doesn’t match the same number in Universal Analytics. Go to GA4 property. Open Channel Groups. #3 Cart-to-view rate – It is the ratio of ‘add to carts’ to ‘product views’. Here is a guide of UA ecommerce dimensions as equivalent to GA4 ecommerce dimensions: Metrics1. GA4 collects data differently than in the old GA version. Blog Dive into all things business analytics, KPIs, and Databox. Total users. Introduction to CookiesTo uncover GA4 exit pages, follow these steps: Access your Google Analytics 4 account. Apart from creating Calculated Metrics in Google Analytics, you also have the option of skipping the setup inside Google Analytics and simply create your own metrics inside Looker Studio. A lot of Google Analytics 4 dimensions and metrics can be derived straight from the tables without performing calculations on the data. Hit-based metrics like pageviews and events should be more consistent. Where to find the metrics, and what they mean Page Timings report > Explorer & Map Overlay tabs > Site Usage subtab. ReachDisclaimer: Data is based on the exchange rate one day before the transaction, and is provided by financial exchanges. What is more important is that they move similarly to each other day after day. Another type of user-defined metric in GA4 is the ‘custom metric’. For example, an Item margin metric could be created using the Item price standard metric. Name the field “User type” and set the formula to “New” on Table 1 and “Returning” on Table 2. In the Custom dimensions tab, click Create custom dimensions. The middle part of the Monetization Overview report shows ‘total purchasers’, and ‘first time purchasers’ metrics. You can't use hyphens in the name, but you can use underscores and spaces instead. This post will explain why Google chose not to include Bounce Rate. If you have many metrics in the table, you may need to scroll to the right to view the metrics. 3. Click Admin, and navigate to the view you want. To set up the dashboard, follow these 3 simple steps: Step 1: Get the template. . From now on, however, GA4 offers two types of Conversion Rate. The second version of Google Analytics (GA2) is Universal Analytics. Calculated metrics are metrics that combine one or more existing or custom metrics within a mathematical formula to produce a new and potentially more valuable metric. The ‘views’ metric in GA4 is the combination of pageviews and screenviews as GA4 combines both app and web data in the same property. About the metrics. g. Migrate from Universal Analytics. Ingredients to insert a GA4 conversion rate and event metrics in the same chart. GA4 metrics focus heavily on the concept of “engagement”. You cannot save the comparisons. Behavioral Modeling. Archive custom dimensions and metrics. UA is going to be sunset in July, 2023 and GA4 is its successor. The filters applied to these metrics often result in a more granular, value data point that is relevant within the context of the report it is included in. You need to assign an event value for your conversions. Google Analytics 4 Calculated Metrics with Examples. . Some marketers love it. Example. Publish the container. Definition. Skip to main content. The process by which campaign and traffic-source data is sent to Analytics and populated in reports has the following steps: Collection – values are sent to Analytics in. Click Metrics, then Add Metric, and then choose Bounce Rate. What is a Calculated Metric in GA4? ‘Calculated metric’ is a type of user-defined metric. Availability of GA4 metrics and dimensions in DataStudio, API, Explorer, Customization Reports, Audiences, RealTime, Filters, Comparisons, Subproperties. If you're migrating from Universal Analytics and want to understand how the calculation for bounce rate is different in Google Analytics 4, see [UA→GA4] Comparing metrics: Google Analytics 4 vs Universal Analytics. Next: [GA4] Events report. Select the Override default cookie settings. GA4 is totally different. Step 3: click on “+ New Calculated Metric” button. Users with admin access can build up to five calculated metrics per standard property or 50 for Analytics 360 properties.