What is the Heatmap in FYERS Market Analytics and how does it work?

What is the Heatmap in FYERS and how to read it?

The Heatmap in FYERS is a visual analytics tool that helps you compare multiple stocks at the same time using size and colour. Each block represents one stock from a selected Universe (for example, Nifty 50), making it easy to spot relative performance, outliers, and trends at a glance.

This is a fully customisable view and serves as the foundation for understanding other visual tools such as Sector Heatmaps and Bubble Charts.

How the Heatmap works

  • Each block represents one stock in the selected Universe
  • Block size represents the metric you choose (such as Market capitalisation, Returns, or Financial metrics)
  • Block colour represents another metric (such as price change %, valuation ratios, or growth parameters)

The number displayed inside each block is the actual value of the selected metric. This value does not change when colour intensity or sensitivity is adjusted.

Default Heatmap view

When you open the Heatmap, the default setup is:

  • Universe: Nifty 50
  • Block size: Market capitalisation
  • Block colour: Day’s price change (%)
  • Heat multiplier: Balanced

Customising size and colour

You can independently configure block size and block colour to compare stocks from two different perspectives at the same time.

  • Block size can be based on financials, growth, margins, returns, valuation, or quarterly metrics
  • Block colour can be based on returns, ratios, or valuation parameters

This flexibility allows you to visually answer questions such as “Which large stocks are underperforming?” or “Which high-growth stocks are also showing price momentum?”

Understanding the Heat multiplier

The Heat multiplier controls how strongly colours appear on the Heatmap. It only affects colour intensity and interpretation — it does not change the value shown inside the block.

  • Baseline: The neutral reference point used to determine colour direction
    • Values above the baseline appear green
    • Values below the baseline appear red
    • For ratios where lower is better (such as P/E), colours adjust automatically
  • Sensitivity (Multiplier): Controls how strong or soft the colours appear
    • Higher sensitivity highlights differences more aggressively
    • Lower sensitivity produces a softer, more uniform view

Example: If Block colour is set to 1D price change and a stock shows +0.8%, adjusting the Heat multiplier may change how green the block looks, but the value will still display +0.8%.

Drilling down from the Heatmap

You can navigate deeper directly from the Heatmap:

  • Select a sector to view industries
  • Select an industry to view stocks
  • Select a stock to open its symbol details

How to access the Heatmap

FYERS Web

  1. Go to Markets > Analytics > Heatmap
  2. Select a Universe
  3. Set Block size and Block colour
  4. Adjust the Heat multiplier if required

FYERS App

  1. Open the app and go to Markets > Analytics > Heatmap
  2. Tap the settings icon
  3. Configure Universe, Block size, Block colour, and Heat multiplier
  4. Tap Apply

What If?

ScenarioWhat you can do
Colours look too similarIncrease Sensitivity or adjust the Baseline in the Heat multiplier.
Colours look too strongLower the Sensitivity to soften the visual intensity.
I want to start overUse Reset all on Web or reset settings from the menu on the App.
I want another visual confirmationUse the Bubble Chart for the same Universe to cross-check trends.

Last updated: 15 Dec 2025