10% is still a wild fluctuation for a company with the market cap of Tesla. In this case, I think its not âthatâ deceptive, as zero is not usually a reference in this case.
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givesomefucks@lemmy.world â¨3⊠â¨weeks⊠agoI also should have mentioned that any Y axis that doesnât start at zero is misleading and makes changes look more drastic.
Iâm usually on top of that one.
A law requiring y axis start at zero would unironically do a lot to temper our economy. Just because graphs like OPâs would look less scary.
brucethemoose@lemmy.world â¨3⊠â¨weeks⊠ago
givesomefucks@lemmy.world â¨3⊠â¨weeks⊠ago
And if Y started at zero the graph would accurately show 10%, which is huge on that timeline.
And people wouldnât be used to it and would react appropriately.
Although Iâd argue even then a month is deceptively short term when theyâve lost 50% this quarter
DrBob@lemmy.ca â¨3⊠â¨weeks⊠ago
I donât agree with this idea that Ys always need to start at zero. If you want to demonstrate volatility there is a good reason to chop the scale. Just be up front about what youâre doing and why you made that choice. Itâs only misleading if you chop the scale and misrepresent the result.
callcc@lemmy.world â¨3⊠â¨weeks⊠ago
Totally agree. This is a legitimate reason to chop the axis. There should be a law requiring schools to put a lot of time in teaching kids to read news and especially graphs.