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Logarithmic price scale—also referred to as log—represents price spacing on the vertical or Y-axis dependent on the percentage of change in the underlying asset's price.
A logarithmic price scale is a type of scale used on a chart that depicts two equivalent price changes by the same vertical distance on the scale.
This post offers reasons for using logarithmic scales, also called log scales, on charts and graphs. It explains when logarithmic graphs with base 2 are preferred to logarithmic graphs with base ...
Logarithmic scales have other advantages as well. Returning to the APPL charts above, it is impossible to imagine drawing a trendline connecting the series of lows in 2003 on up through 2008.
There is disagreement on the proper way to label logarithmic scales in charts and graphs, especially when the base is not 10. This post shows several alternative ways of labeling log scales ...
A log scale compresses the values to a more manageable range. Using logarithmic axes, graphs of quantities that vary exponentially can be converted to linear graphs, greatly facilitating analysis ...
Back when I first started charting the spread of coronavirus I decided not to use a logarithmic scale. I figured that log scales were fine for communicating with other professionals, but most ...