People usually refer to a market map as a market heat map. A stock market map defines as the visual representation of both real-time and historical market data. It serves as an investment research tool to know the performance of different market indices.
It can compare various asset classes, sectors, individual stocks or even stocks from two different countries. Because of the wide data provided by this map, it uses different colors to help investors gain information.
There are many market maps with different features, but here are the five top market maps.
Finviz
Finviz lets investors search, view, and analyze the market data for free. It is available in both the map and bubble format. The map format allows the investor to see the performance of a particular market, all market in a country, or a worldwide market.
Meanwhile, in the bubble version investors can see a map of the market shows stock in the Dow Jones Industrial Average or the S&P 500 in different color bubbles.
StockCharts
Stockcharts provide both paid and free access. All of those maps are full of data for active traders. Sharpchart is one of the examples of stockCharts. This old charting tool provides bar charts, lines, graphs, and other representations of individual stocks.
You just need to add a ticker symbol, then, click go. You will see a chart of stock’s performance.
Morningstar Market Barometer
Morningstar market barometer is the simplest market map. It provides interactive snapshots of performance in global markets. It is usually represented in a grid showing core, growth, value, large-cap, mid-cap, and small-cap.
If the investor clicks the individual square of the grid, he or she will see the detailed data of the risk and performance of a specific asset class.
Yahoo Finance Screeners
Yahoo Finance gives a free interactive market map as part of its screener features. Investors can get access to monitor the performance of 114 categories of securities, from undervalued stock to high-yield bonds.if the investor clicks the individual category, he or she will go to a page of stocks that are in the category.
Stocktwits
Stocktwits free-market map lets investors monitor eight sectors. That sectors include industrial goods, basic materials, utilities, technology, health care, financials, consumer goods, and sectors.
It features collection of squares. Each of that squares represents the price changes over the last hour, six hours, 12 hours, and 24 hours of individual securities in the sector.
