Product Announcement: New Features in Fundamental Charts
We are excited to share several new functionalities within Fundamental Charts — one of our most heavily used tools.
Our Fundamental Charts have long been known for their 4,500+ plottable financial metrics, intuitive interface, and striking appearance. The additional functionalities outlined below make this tool even more powerful.
Having a best-in-class visualization tool is essential to helping our users create and share insightful analyses. We constantly seek ways to incorporate user feedback, enable smarter investment decisions, and improve our namesake tool.
In addition to an updated and even more user-friendly design, we’ve added flags for Earnings, Dividend, and Splits/Spinoff events, the ability to chart period Minimums, Maximums, and Averages, and the option to show original or percent-change values on a per-series basis.
To get started, we’ve highlighted a few ways in which these new features can be leveraged to create highly insightful, visual, and shareable analyses.
Event Annotations & Calendar Year Ranges
There are countless factors that can affect share price, but earnings announcements, dividend payouts, and the rare stock split often lead to large up or down swings.
Let’s use Tesla (TSLA) as an example. The market has a history of placing weight on the electric auto maker’s production targets included in its earnings announcements and often reacts dramatically to misses and beats.
Using the “Annotate” tab within a Fundamental Chart, you can add flags to easily call out “Earnings (E)” events and include maximums and minimums within the price chart. See an example below.
YCharts users will be familiar with the day, month, and year lookback ranges, as well as the custom start and end date options for defining chart time periods. Now, however, we’ve added another option for setting period ranges on Fundamental Charts.
Users have the option to select full calendar year ranges in a quick and intuitive dropdown menu. This feature saves even more time and is helpful when working with less common date ranges. See an example below.
Individual Series % Change & Annualized Returns
Many of our clients use YCharts to compare a security’s returns to interest rates or other economic indicators. Users can now chart one (or a number of) series in a percent-change format and another (or a number of) series in its original format within the same chart.
Let’s take a look at the total return price for the Vanguard Interm-Term Bond Index (VBILX). We’ve normalized the series below to show percent-change over time, representing return from the beginning of the period through today.
To see how the fund has performed relative to intermediate term interest rates, we add the 2-Year Treasury Rate; however, we will override the normalization to show the original value of the treasury rate, not the percent-change of that rate. See below.
We have also added the option to show annualized returns within Fundamental Charts.
To do so, click “Chart Options” and select “Show Annualized Data”. This feature adds a point-in-time, annualized figure for whatever metrics you have included as part of your chart.
Below we compare returns for the Vanguard Interm-Term Bond Index to the American Funds Intermediate Bond Fund (RBOGX) and the SPDR Portfolio Interm Term Corp Bond ETF (SPIB), including both the total period returns, and annualized returns for each fund. See below.