The distribution of market shares or stocks of the investment portfolio often is illustrated by pie or doughnut charts. The illustration of multi-market shares and multiple investment portfolios calls for different approaches. The Marimekko chart (also known as Mekko chart, or mosaic plot) comes to the rescue.
A Heatmap or Heat Map chart looks like a table, which cells colors depend on the cell value. These charts are popular in biology, web and other analytics, geography, etc. Tabular data transformation for time series data projects one-dimensional data into two-dimensional time matrices, which simplify frequent pattern analysis.
A histogram chart visualizes the distribution of continuous data. Each column in the histogram chart represents the frequency (amount) of the data within the specific range.
Excel for Microsoft 365 offers several new pre-defined charts, including the histogram chart. This pre-defined chart makes possible to create different types of histogram charts with little effort.
There are several ways to create a histogram chart in Excel. By the moment, Excel uses two different algorithms to calculate the data for a histogram chart:
Histograms show the distribution of numeric data, and there are several different ways how to create a histogram chart. Distributions of non-numeric data, e.g., ordered categorical data, look similar to Excel histograms. However, you cannot use Excel histogram tools and need to reorder the categories and compute frequencies to build such charts.
A histogram chart is often confused with a bar chart because it displays data using bars of different heights. The 'true' histogram chart shows the distribution of numerical data. Each bar of the histogram represents the count of data values within the specified range. See more about different types of histogram charts in Excel.
Conditional formatting of Excel cells simplifies highlighting values by adding color scales, data bars, sparklines, and in-cell icons to the cell. The exact values of the highlighted cells rarely meaningful and may even interfere with the perception of information. Custom cell format allows hiding values of such cells without hiding the cells.