> Honestly, I hate that about stock charts. They adjust the axes and scales so that the graph itself provides no information.
If a stock chart "provides no information," why do you believe the financial world uses them to communicate the movement of a stock over a period of interest? Do you believe that financial analysts do not understand how to communicate stock movements to each other?
> Did it go up 1 point? 200 points? 5%? 50%? You can’t tell, because the graph is just a scale free squiggle.
I don't know what stock charts you've been looking at, but all the common ones list the stock's price on the y axis, making it easy to answer all of the questions you pose. For example, consider what a Bloomberg Terminal gives you [1] or what you get from Google Finance [2] or from Yahoo! Finance [3].
Take a look at the y axes. See those labels? What do you think they mean?
If a stock chart "provides no information," why do you believe the financial world uses them to communicate the movement of a stock over a period of interest? Do you believe that financial analysts do not understand how to communicate stock movements to each other?
> Did it go up 1 point? 200 points? 5%? 50%? You can’t tell, because the graph is just a scale free squiggle.
I don't know what stock charts you've been looking at, but all the common ones list the stock's price on the y axis, making it easy to answer all of the questions you pose. For example, consider what a Bloomberg Terminal gives you [1] or what you get from Google Finance [2] or from Yahoo! Finance [3].
Take a look at the y axes. See those labels? What do you think they mean?
[1] See page 15 of https://data.bloomberglp.com/professional/sites/10/Getting-S...
[2] https://www.google.com/finance/beta/quote/F:NYSE
[3] https://finance.yahoo.com/quote/F/