Graphs

Portfolio Graphs

You can graph the value of any portfolio over time by doing the following:

Depending on the size of your portfolio and the time it has existed, this might take a while as Venice has to load in stock quotes for every stock traded for every day of the portfolio.

Apart from graphing the value of the portfolio over time, you can also graph the profit/loss of the portfolio. To do this, graph the portfolio as above, then click on the menu item with the same name as your portfolio, then select the Graph menu item and then click on Profit/Loss. The profit and loss graph is calculated by ignoring any deposits and withdrawals made to the portfolio, the balance of that portfolio over time will reflect the profit and loss made.

Market Indicator Charts

A market indicator is an indicator that can be used to help determine the state of the market. They are calculated using multiple stocks on the market, for example Advance/Decline uses all ordinary stocks in its calculations.

Advance/Decline

Currently the only market indicator that Venice can graph is the advance/decline indicator. You can graph this indicator by:

This operation reads in almost all of the available stock quotes, so it might be very slow.

The advance/decline indicator is calculated by taking an arbitrary start value (currently 0). Each day's value is calculated by taking the number of stocks that advanced (i.e. have a higher day close than day open) minus the number of stocks that declined and adding that to the previous day's value. This creates a cumulative graph whose trend may be used to give an indication of possible future direction of the market.

Stock Charts

Venice supports a variety of technical charts. Some of these charts are described below, for the others, please consult the literature for their meaning and interpretation.

Custom

Venice supports the charting of user-defined custom indicators. Using the Gondola Language you can write custom indicators which can then be charted. The custom chart user interface allows you to enter a Gondola equation to chart and to specify the chart as either primary or secondary. A primary chart is one that appears in the top graph. A secondary chart will appear in its own smaller graph below.