| Data visualization is extremely important for analysis | | | | Pie charts are ideally suited for visualizing the entire |
| of the stock market. These days a major bulk of | | | | investment portfolio as they help in identifying the |
| share trading is done online and most trading portals | | | | major stakes. To ascertain the profitability of a series |
| feature charts in order to enable their customers | | | | of recent transaction - a column chart may be used. |
| make an informed decision. Usually these charts are | | | | With a set of two columns showing the purchase |
| real-time charts that display second by second | | | | price and sale price of each stock, it becomes easier |
| change in value of stocks. | | | | to analyze the magnitude of gain or loss. |
| The reason why people look up charts before | | | | Most trading portals provide charts to aid in analysis; |
| making an investment decision is that charts help in | | | | however, some people prefer to do a wider survey |
| analysis of prevailing trends. With experience people | | | | by subscribing to RSS feeds on leading financial |
| learn to identify uniformity in patterns of rise and fall | | | | analysis sites. Analyzing the huge chunk of data |
| in value of stock prices. This gives them an intuitive | | | | collected this way is humanly impossible. So, to aid in |
| edge and therefore they are able to predict the | | | | proper analysis people can use data visualization tools |
| state of the share market. | | | | that require one time configuration and can be |
| Line charts have been a staple mode for depicting | | | | repeatedly used for generating charts. This is not |
| the long term variations of stock prices. Lines help in | | | | possible with regular spreadsheet based charts, as |
| making minor differences apparent, even to someone | | | | something more versatile is required. Flash based |
| who is scanning a chart without much attention. While | | | | charting component can be used for this purpose as |
| line charts may be adequately suited for analyzing the | | | | these tools require one time configuration which can |
| trend of stock prices, other forms of data | | | | be repeatedly applied to different sets of data. XML |
| visualization are needed for making an in-depth | | | | based charting tools are ideal as they help in |
| analysis of a person's investment portfolio. | | | | generating high quality charts with minimum effort. |