These Market Heat Maps Can Make You a Better Investor
A stock market map, also known as a market heat map, is an at-a-glance visual representation of real-time and historical market data.
You can use these maps as an investment research tool to view the performance of different market indices, sectors, asset classes, or individual stocks. You can compare the stock market of a specific country to that of another nation.
Given the wide variety of data that these maps provide, data values are represented in different colors to help you quickly zero in on the information they need.
In addition to their eye-catching appearance, the best maps of the market have features that make investment research both informative and fun.
Yahoo Finance offers a free interactive stocks screener heatmap. You can use this feature to monitor the recent performance of 14 categories of securities ranging from undervalued growth stocks to high-yield bonds.
Clicking an individual category takes you to a page of stocks that fall into that category. From here, click “Heat map View” for a visual representation of stocks in the category, each represented by a green or red square showing the gains or losses over the past day
Stocktwits‘ free map of the market helps investors monitor trends in eight key sectors:
- Industrial goods
- Basic materials
- Consumer goods
The heat map features squares in five different colors representing individual securities in the sector. The map shows price changes over the last hour, six hours, 12 hours or 24 hours.
When you click a square, the map zooms into the individual securities in that sector. Hovering over any square representing a security opens a pop-up with the price change of the security over the selected time frame.
SharpCharts, the traditional charting tool, offers line graphs, bar charts, and other representations of individual stocks. Just enter a ticker symbol and click “Go” to view a chart of the stock’s performance and obtain data points such as low and high share prices, and volume. You can customize the chart with different colors, overlays (moving average, for example), and indicators like dividends.
The MarketCarpet map lets you view charts of data on groups of different securities:
- S&P sector ETFs
- Market summary
- Major indexes
- Fidelity mutual funds
- Rydex mutual funds
- ProFunds mutual funds
- S&P/TSX composite
One section of the SharpCharts map depicts stocks in the market as squares; another section features a line graph of the selected stock.
One of the best stock market maps, Finviz, allows you to view, search, and analyze market data for free in a map or bubble format.
The map format lets you see the performance of a specific market like the S&P 500, all markets in a given country, or a worldview of global markets.
The bubble version of the map of the market shows stocks in the S&P 500, the Dow Jones Industrial Average or any index in bubbles of different colors. When you hover over a bubble, a pop-up chart appears with stock data such as payout ratio or average volume, which you can customize
Morningstar’s free market maps are the simplest of the five maps listed here. It provides interactive snapshots of the performance of the U.S. and global markets.
The U.S. Market Barometer is a grid that lets you easily see how nine asset classes, including growth, core, value, large-cap, mid-cap, and small-cap, have performed in relation to each other.
When you click on an individual square in the grid, you get detailed data on the risk and performance of the asset class. The data on the U.S. market is updated each day at market close, but you can also see a mini-map of the asset class performance over the past day, year, three years, or five years. The tool illustrates that “the market” is not one cohesive entity that moves in the same direction.
For a view of the world equities markets, use the Global Market Barometer on the same page. Green regions represent countries with gains in Morningstar global equities market indexes, while red represents countries with losses. You can view data in the same historical time frames as you can in the U.S. Market Barometer.