Learning How to Construct and Interpret a Radar Chart
A radar chart is useful when: Comparing multiple entities across multiple variables – It visually displays strengths and weaknesses across categories. Identifying patterns and outliers – The shape of the plot helps quickly assess which variables perform well or poorly. Highlighting multi-dimensional data – Radar charts are effective in visualizing performance, competencies, or risk factors. For example, in the chart above, we have five stocks (AAPL, MSFT, TSLA, AMZN, and NVDA) evaluated across five financial metrics: • Revenue Growth • Profit Margin • Return on Equity (ROE) • Debt-to-Equity Ratio • Dividend Yield A Radar chart of the five stocks would look like this: # Chart gener...