What is it you are trying to accomplish?
Assuming you want to do some calculation requiring previous period values, then no, there is no function which allows you to directly reference "previous record" in a result set.
However, there are other ways to do that sort of thing. For example, you can aggregate by period in a child tabular model, then join to the prior period with a filter:
[period#]=[child model].[period#]+1
This approach is limited since it will only return records with corresponding records in a prior period, and the joining is taking place locally which can be a performance issue. You can use a Tabular Set union in another approach, post back with more specifics about your goal if you want more details.