π Measures
The Measures panel provides a click-to-click measurement tool for analyzing rate movements between any two points on the chart.
π±οΈ How to Use
- Click the Measures toggle button (π) in the chart toolbar
- The measures panel opens below the chart
- Click on a starting point on the chart β this sets the "from" date and rate
- Click on an ending point β this sets the "to" date and rate
- The panel immediately shows the computed metrics between the two points
π Computed Metrics
For each measurement, the panel displays:
| Metric | Description | Example |
|---|---|---|
| Date Range | From β To dates | Jan 15, 2024 β Mar 20, 2024 |
| Days | Calendar days between the two points | 65 days |
| Delta (Ξ) | Absolute rate change | +0.0342 |
| Percentage (%) | Relative change as percentage | +3.12% |
| Annualized Return | Projected annual return based on the measured period | +17.8% p.a. |
π Annualized Return
The annualized return uses the Compound Annual Growth Rate (CAGR) formula. For a comprehensive explanation including log returns, compounding, and when to use which method, see:
π Multiple Measurements
You can take multiple measurements in sequence β each new click pair replaces the previous measurement. This lets you quickly compare movements across different time windows.
π‘ Tips
- π Zoom in before measuring for better precision on the click points
- π° Use measurements to compare pre/post event rate movements (e.g., before and after a central bank announcement)
- β οΈ The annualized return is most meaningful for periods of 30+ days β very short periods can produce misleading annualized figures