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A waterfall chart is a form of data visualization that helps in understanding the cumulative effect of sequentially introduced positive or negative values. These intermediate values can either be time based or category based. The waterfall chart is also known as a flying bricks chart or Mario chart due to the apparent suspension of columns (bricks) in mid-air. Often in finance, it will be referred to as a bridge.
Waterfall charts were popularized by the strategic consulting firm McKinsey & Company in its presentations to clients. [1] [2]
Complexity can be added to waterfall charts with multiple total columns and values that cross the axis. Increments and decrements that are sufficiently extreme can cause the cumulative total to fall above and below the axis at various points. Intermediate subtotals, depicted with whole columns, can be added to the graph between floating columns.
The waterfall is known as a bridge or cascade; the chart portrays how an initial value is affected by a series of intermediate positive or negative values. Also, it is similar to Bar Graph. [3]
A waterfall chart can be used for analytical purposes, especially for understanding or explaining the gradual transition in the quantitative value of an entity that is subjected to increment or decrement. Often, a waterfall or cascade chart is used to show changes in revenue or profit between two time periods.
Waterfall charts can be used for various types of quantitative analysis, ranging from inventory analysis to performance analysis. [4]
Waterfall charts are also commonly used in financial analysis to display how a net value is arrived at through gains and losses over time or between actual and budgeted amounts. Changes in cash flows or income statement line items can also be shown via a waterfall chart. Other non-business applications include tracking demographic and legal activity changes over time.
There are several sources for automatic creations of Waterfall Charts (PlusX, Origin, etc.)
Biostatistics is a branch of statistics that applies statistical methods to a wide range of topics in biology. It encompasses the design of biological experiments, the collection and analysis of data from those experiments and the interpretation of the results.
In computing, traceroute
and tracert
are computer network diagnostic commands for displaying possible routes (paths) and measuring transit delays of packets across an Internet Protocol (IP) network. The history of the route is recorded as the round-trip times of the packets received from each successive host in the route (path); the sum of the mean times in each hop is a measure of the total time spent to establish the connection. Traceroute proceeds unless all sent packets are lost more than twice; then the connection is lost and the route cannot be evaluated. Ping, on the other hand, only computes the final round-trip times from the destination point.
A logarithmic scale is a method used to display numerical data that spans a broad range of values, especially when there are significant differences between the magnitudes of the numbers involved.
A chart is a graphical representation for data visualization, in which "the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart". A chart can represent tabular numeric data, functions or some kinds of quality structure and provides different info.
A spectrogram is a visual representation of the spectrum of frequencies of a signal as it varies with time. When applied to an audio signal, spectrograms are sometimes called sonographs, voiceprints, or voicegrams. When the data are represented in a 3D plot they may be called waterfall displays.
A bar chart or bar graph is a chart or graph that presents categorical data with rectangular bars with heights or lengths proportional to the values that they represent. The bars can be plotted vertically or horizontally. A vertical bar chart is sometimes called a column chart.
A scatter plot, also called a scatterplot, scatter graph, scatter chart, scattergram, or scatter diagram, is a type of plot or mathematical diagram using Cartesian coordinates to display values for typically two variables for a set of data. If the points are coded (color/shape/size), one additional variable can be displayed. The data are displayed as a collection of points, each having the value of one variable determining the position on the horizontal axis and the value of the other variable determining the position on the vertical axis.
Web development is the work involved in developing a website for the Internet or an intranet. Web development can range from developing a simple single static page of plain text to complex web applications, electronic businesses, and social network services. A more comprehensive list of tasks to which Web development commonly refers, may include Web engineering, Web design, Web content development, client liaison, client-side/server-side scripting, Web server and network security configuration, and e-commerce development.
Data and information visualization is the practice of designing and creating easy-to-communicate and easy-to-understand graphic or visual representations of a large amount of complex quantitative and qualitative data and information with the help of static, dynamic or interactive visual items. Typically based on data and information collected from a certain domain of expertise, these visualizations are intended for a broader audience to help them visually explore and discover, quickly understand, interpret and gain important insights into otherwise difficult-to-identify structures, relationships, correlations, local and global patterns, trends, variations, constancy, clusters, outliers and unusual groupings within data. When intended for the general public to convey a concise version of known, specific information in a clear and engaging manner, it is typically called information graphics.
A Pareto chart is a type of chart that contains both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line. The chart is named for the Pareto principle, which, in turn, derives its name from Vilfredo Pareto, a noted Italian economist.
A flame ionization detector (FID) is a scientific instrument that measures analytes in a gas stream. It is frequently used as a detector in gas chromatography. The measurement of ion per unit time make this a mass sensitive instrument. Standalone FIDs can also be used in applications such as landfill gas monitoring, fugitive emissions monitoring and internal combustion engine emissions measurement in stationary or portable instruments.
In statistics, the frequency or absolute frequency of an event is the number of times the observation has occurred/recorded in an experiment or study. These frequencies are often depicted graphically or in tabular form.
A radar chart is a graphical method of displaying multivariate data in the form of a two-dimensional chart of three or more quantitative variables represented on axes starting from the same point. The relative position and angle of the axes is typically uninformative, but various heuristics, such as algorithms that plot data as the maximal total area, can be applied to sort the variables (axes) into relative positions that reveal distinct correlations, trade-offs, and a multitude of other comparative measures.
A plot is a graphical technique for representing a data set, usually as a graph showing the relationship between two or more variables. The plot can be drawn by hand or by a computer. In the past, sometimes mechanical or electronic plotters were used. Graphs are a visual representation of the relationship between variables, which are very useful for humans who can then quickly derive an understanding which may not have come from lists of values. Given a scale or ruler, graphs can also be used to read off the value of an unknown variable plotted as a function of a known one, but this can also be done with data presented in tabular form. Graphs of functions are used in mathematics, sciences, engineering, technology, finance, and other areas.
A bubble chart is a type of chart that displays three dimensions of data. Each entity with its triplet (v1, v2, v3) of associated data is plotted as a disk that expresses two of the vi values through the disk's xy location and the third through its size. Bubble charts can facilitate the understanding of social, economical, medical, and other scientific relationships.
A meteogram, also known as a meteorogram, is a graphical presentation of one or more meteorological variables with respect to time, whether observed or forecast, for a particular location. Where forecast data is used, the meteogram will typically be generated directly from a weather forecasting model based on the longitude, latitude and elevation of the location, but it can also be corrected by a meteorologist. Where a meteogram is used to display historical weather observations, this will typically be for a specific weather station.
In statistics, a misleading graph, also known as a distorted graph, is a graph that misrepresents data, constituting a misuse of statistics and with the result that an incorrect conclusion may be derived from it.
A cascade chart is tool that can be used in damage tolerance analysis to determine the proper inspection interval, based on reliability analysis, considering all the context uncertainties. The chart is called a "cascade chart" because the scatter of data points and downward curvature resembles a waterfall or cascade. This name was first introduced by Dr. Alberto W Mello in his work "Reliability prediction for structures under cyclic loads and recurring inspections". Materials subject to cyclic loads, as shown in the graph on the right, may form and propagate cracks over time due to fatigue. Therefore, it is essential to determine a reliable inspection interval. There are numerous factors that must be considered to determine this inspection interval. The non-destructive inspection (NDI) technique must have a high probability of detecting a crack in the material. If missed, a crack may lead the structure to a catastrophic failure before the next inspection. On the other hand, the inspection interval cannot be too frequent that the structure's maintenance is no longer profitable.
Looker Studio, formerly Google Data Studio, is an online tool for converting data into customizable, informative reports and dashboards. Looker Studio was announced by Google on March 15, 2016 as part of the enterprise Google Analytics 360 suite, and a free version was made available for individuals and small teams in May 2016.
A horizon chart or horizon graph is a 2-dimensional data visualisation displaying a quantitative data over a continuous interval, most commonly a time period. The horizon chart is valuable for enabling readers to identify trends and extreme values within large datasets. Similar to sparklines and ridgeline plot, horizon chart may not be the most suitable visualisation for precisely pinpointing specific values. Instead, its strength lies in providing an overview and highlighting patterns and outliers in the data.