This post is part of our spreadcheats series – 30 Excel and Charting Tips & Hacks aimed to make day to day spreadsheeting fun and productive.
One of the most common charts is “YoY Growth Rates of Our Superawesomekickass Product”. While not everyone may have a superawesomekickass product, most of us in fact make a YoY (Year on Year) growth rate charts for various types of data.
A simple label formatting hack can improve the effectiveness of these charts by adding color to differentiate positive vs. negative growth (or mediocre vs. sky rocketing growth rates). See this example:
You can get this effect by applying custom number formatting to the data label. It is one of my favorite tricks in excel and I have written about it in introduction to custom cell formatting in excel, number formatting in excel using custom codes, showing decimal values only when needed articles.
How you can get colors in Axis Labels
First apply data labels to your chart and now select the data labels and press ctrl+1 (aww, come on now, you are reading this blog, you should what ctrl+1 means) and go to numbers tab. Select “custom” as category and specify the formatting code like this:
[blue]+0%;[red]-0%
Now, that was easy, isn’t it. But you might think, “Chandoo, what the heck the above format code is doing?”
Well, it tells excel to apply red color and add a minus symbol if the data label value is less than zero and apply blue color and add + symbol if the value is above zero. You see the custom number formatting codes have 3 parts in them, like this:
formatting for positive numbers ; formatting for negative numbers ; formatting for zero values
If you are noob (hi noob!) and lost in all these codes and square brackets, you may want to checkout our post on introduction to number formatting in excel to learn more about custom codes.
Ok, that was fun, What else you can do?
You can do much more using custom codes to format data labels. For example, a code like [Red][<0.15]0%;[Blue][>=0.15]0%; will, Oh, forget it, you can guess that. Just remember that excel allows only 3 parts in custom codes. So go nuts, but just thrice.
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30 Responses to “Great News: Chandoo becomes MVP”
Congratulations! It's well deserved. 🙂
This is amazing. Hearty congratulations and a rocking new year ahead!!!
Congrats! I have learnt alot from your site... and the most important is learning how to achieve the most with the simplest concepts.
Thanks for the excel calendar. Is it possible to get a simple big fonted calendar printable on an A4 size paper without any distracive notes or visuals? BTW, I have already signed up for your newsletter. With warm regards and
Gratefully yours
50+ year old CHarish.
Hey Chandoo,
Great to hear that. Congratulations! The best new year gift, I would say. Keep it up, u've been doing extraordinary work for the excel users community.
Regards,
Pankaj Verma
Congrats dude... fantastic news!
congratulations! your site is great, this is well deserved
Rich
I recently found your site, I visit many. The tips that you provide are in the top 1% of all the sites I visit. Keep on Excelling.
Arnold
South Africa
Congratulations, Chandoo! That's a great way to start the year and make the PHD even better.
Congratulations, Chandoo.
Your site is one of most useful on the net. Happy new year and lot of ideas you will present for us.
Congrats.
Just read your name in an email from Abhishek. Well deserved.
Congratulations, and Happy New Year.
Greetings from Rio de Janeiro my friend! You trully deserve it!
Nive way to start 2009! Keep up the good work!
FC
That was quite forseeable , so you have now really got your PhD in excel.
Anyways Chandoo you have made excel a real Fun doo
I will like you to write some more on INDEX and MATCH function in near future.
@Hey Chandoo ! Congrates....
Ab to treat mangta hai !
Well deserved Chandoo!!
Congrat's!! Very well deserved 🙂
i always browsed mr.excel and used to see MVP writtne below names of people who used to solve queries in excel forum there......i just used to admire as to what they have special in them that they are MVP......
but now i got my answer...............u deserve it man..........
@All: thanks everyone 🙂
Congratulations Chandoo, nice job!
Chandoo,
A well deserved recognition and a good start to the New Year. Continue your good work.
Subbu
Many Congratulations.
You deserve a Ph.D. 🙂
congrats.....
Congrats dude. Rock on!
[...] charting community in 2007 and has been growing strongly ever since. In year 2009, I have received the MVP award from Microsoft. Just few days back I have become a dad [...]
Respected sir,
I am impressed!.... Good job done.. Keep it up...
Sir, How to be a MVP certified person. What level of knowledge is required for it? send me links if possible.
Please reply...
Regards,
Dipak Khalasi.
Dipak -
The first thing you need to cultivate is the ability to search the web effectively. You could start by Googling "Microsoft MVP".
[...] boy and girl which has been made hectic and incredibly fun ever since to their life.He has been awarded MVP status in 2009 by Microsoft(and renewed in 2010,2011 & 2012).His MVP profile is here.If you want to contact him direct then [...]
Congrats Chandoo!!
[…] Chandoo becomes MVP […]