/ratioScales

Development of ratio scales package for plotting

Primary LanguageRGNU General Public License v3.0GPL-3.0

ratioScales

R-CMD-check CRAN status

Logarithmic axis scales can clearly communicate multiplicative changes; they can also confuse. ratioScales annotates logarithmic axis scales with tickmarks that denote proportional and multiplicative change simply and explicitly.

The main function in this package, scale_*_ratio(), is ggplot-friendly and works similarly to existingscale_*_* functions from ggplot2 and scales.

Installation

You can install the development version of ratioScales from GitHub with:

# install.packages("devtools")
devtools::install_github("mikeroswell/ratioScales")

Example

Consider exchange rates between US and Canadian dollars:

exch %>% 
  ggplot(aes(date, exRate, color = direction)) + 
  geom_point() +
  scale_color_manual(values = hcl.colors(4, "Plasma")[c(1,2)]) +
  labs(y = "exchange rate") 

Let’s see, relative to some baseline (1 April 2020), is the Canadian dollar gaining or losing ground against the US dollar, and by how much?

 exch %>%  ggplot(aes(date, exRate_scale, color = direction)) + 
   geom_hline(yintercept = 1, color = "black")+
   geom_point() +
   scale_color_manual(values = hcl.colors(4, "Plasma")[c(1,2)]) +
   geom_hline(yintercept = 0.85
              , color = hcl.colors(4, "Plasma")[1], linetype = 3) +
   geom_hline(yintercept = 1.15
              , color = hcl.colors(4, "Plasma")[2], linetype = 5) +
  # FUNCTION FROM ggplot2
   scale_y_continuous(breaks = seq(80, 130, 5)/100) +
   labs(y = "proportional change in exchange rate") 

But this is strange! Somehow the Canadian dollar weakend by a maximum of 15% before rebounding, but the US dollar strengthened by much more than 15%. Maybe not the best way to think about this?

ratioScales provides “rational” alternatives. For example, using a “divMult” scale:

exch %>%  ggplot(aes(date, exRate_scale, color = direction)) + 
   geom_hline(yintercept = 1, color = "black")+
  # times and divided by 1.15; longdash
   geom_hline(yintercept = 1/1.15, color = hcl.colors(4, "Plasma")[1], linetype = 5) +
   geom_hline(yintercept = 1.15, color = hcl.colors(4, "Plasma")[2], linetype = 5) +
  # times and divided by 0.85; dotted
   geom_hline(yintercept = 1/0.85, color = hcl.colors(4, "Plasma")[2], linetype = 3) +
   geom_hline(yintercept = 0.85, color = hcl.colors(4, "Plasma")[1], linetype = 3) +
   geom_point() +
   scale_color_manual(values = hcl.colors(4, "Plasma")[c(1,2)]) +
  # FUNCTION FROM ratioScales
   scale_y_ratio(tickVal = "divMult", n = 12, nmin = 12, slashStar = FALSE) +
   labs(y = "multiplicative change in exchange rate") 

Prefer percentage differences? Also ok, if you use an appropriate scale:

exch %>%  ggplot(aes(date, exRate_scale, color = direction)) + 
   geom_hline(yintercept = 1, color = "black")+
  # times and divided by 1.15; longdash
   geom_hline(yintercept = 1/1.15, color = hcl.colors(4, "Plasma")[1], linetype = 5) +
   geom_hline(yintercept = 1.15, color = hcl.colors(4, "Plasma")[2], linetype = 5) +
  # times and divided by 0.85; dotted
   geom_hline(yintercept = 1/0.85, color = hcl.colors(4, "Plasma")[2], linetype = 3) +
   geom_hline(yintercept = 0.85, color = hcl.colors(4, "Plasma")[1], linetype = 3) +
   geom_point() +
   scale_color_manual(values = hcl.colors(4, "Plasma")[c(1,2)]) +
    # FUNCTION FROM ratioScales
   scale_y_ratio(tickVal = "percDiff") +
   labs(y = "percentage difference in exchange rate")