At the beginning of 2011, I heard about the Dow Piano, which was created by CNNMoney.com. The Dow Piano visualizes the performance of the Dow Jones industrial average in 2010 with a line plot, but also adds an auditory component. As Bård Edlund, Art Director at CNNMoney.com, said,
The daily trading of the Dow Jones industrial average determines the songwriting here, translating the ups and downs of 2010's market into musical notes. Using a five-note scale spanning three octaves, pitch is determined by each day's closing level.
To be fair, I can't fully duplicate the Dow Piano in SAS/IML software. The SOUND call in SAS is very simple: it only provides pitch and duration. The music for the Dow Piano is more complex:
- It uses piano notes, which involves sound characteristics such as attack and decay.
- It uses dynamics to represent trading volume: high-volume days are represented by loud notes, low-volume days by soft notes.
- It overlays a percussion track so that you hear a percussive beat on days that the stock market is closed.
Nevertheless, I think the SAS/IML version captures the main idea by allowing you to listen to the performance of the Dow Jones industrial average. (Get it? The performance?)
Will this kind of visualization (auditorization? sonification?) catch on? Time will tell, but for these data, the sound doesn't add any new information; it merely uses the sense of sound to repeat information that is already in the line plot. In fact, the sound present less information than the line plot: there are more than 250 closing values of the Dow Jones industrial average, but the Dow Piano collapses these values into 15 notes (three octave of a five note scale).
But enough analysis! Listen to the Way of the Dow. The demo starts at 0:45, after I introduce the problem. If your browser does not support embedded video, go directly to the video on You Tube.