How to make waterfall charts in plotly?

Recipe Objective

How to make waterfall charts in plotly.

Waterfall charts these are the charts used for uderstanding the cumulative effects of sequentially added positive or negative values for a given variable. The charts are 2-dimensional plot commonly used in financial analysis to understand how practical value goes through gains and losses over time.

Step 1 - Import library

import plotly.graph_objects as go

Step 2 - Take Sample data

Months = ['jan','feb','mar','apr','may','jun','jul','aug','sep','oct','nov','dec'] Values = [900,-150,400,-200,100,-800,400,-200,500,-700,200,50]

Step 3 - Plot graph

fig = go.Figure(go.Waterfall(x=Months,y=Values)) fig.show()