Define the question.
Start with the market or asset you follow. Examine its price and history, then identify the investment question that needs stronger evidence.
Prices and history · Market comparisonsInvestment research.A fuller view of the market.
Bring prices and market history, valuation and macro context into one analytical workspace. Investigate opportunities, assess risk and test your investment thesis.
For analysts, asset managers and professional investors.
Research coverage
EquitiesCurrencyGoldCryptoGlobal markets
Interactive research examples
One market move. More than one perspective.
Compare equities, FX, gold and Bitcoin from a common starting point. Change the basis and period to examine how your reading of performance changes. This is one tool within the full GRAPH workspace.
Historical study2020–2025 · Gregorian
Four markets. One starting point.
December 2020 — December 2025
Tehran equity indexUS dollar18K goldBitcoinStarting value = 100
Tehran equity index+191.2%Change over selected period
US dollar+427.3%Change over selected period
18K gold+1,116.5%Change over selected period
Bitcoin+1,498.3%Change over selected period
Switch the benchmark to reveal each market’s relative performance.
Request access to use the full GRAPH dashboard.
Request accessThe investment research workflow
From market observation to thesis investigation.
A chart is the starting point. Read prices, valuation and macro conditions together, then examine the risks and evidence that could challenge your thesis.
Build a fuller context.
Read valuation and macro conditions alongside relative value, drawdowns and correlations. Distinguish a price move from a candidate for further investigation.
Valuation · Macro context · RiskChallenge the thesis.
Change the horizon and benchmark, and consider contradictory evidence. Bring a clearer basis into the investment discussion—not false certainty.
Thesis investigation · Evidence assessmentConceptual cycle modelPosition in the model
Phase sequence
Selected phase01 / 04
Recovery
A few positive days tell only part of the story. Compare equity returns across several periods and against FX and gold to examine whether improvement lasts.
Evidence to investigate
- Monthly returns move from losses to gains
- Performance improves against FX and gold
What evidence could challenge this interpretation?
Renewed monthly losses or persistent relative weakness would weaken the recovery case.
Built for:
- Brokerages
- Investment analysts
- Portfolio managers
- Investment advisers
- Investment banks
- Investment funds
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Access the GRAPH dashboard.
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Frequently asked questions
Before you request access
What is GRAPH, and who is it for?
GRAPH is an investment analysis workspace for analysts, asset managers and professional investors. It brings prices and market history, valuation, macro context and risk and opportunity analysis together.
Is GRAPH only a performance-comparison tool?
No. Return comparison is one tool within a wider research environment covering prices, valuation, macro conditions and risk. The examples on this page show only part of the product experience.
Which markets can I analyze?
You can analyze Iranian equities, FX, gold, cryptocurrencies and selected global markets in GRAPH.
Can we measure equity returns in dollars or relative to gold?
Yes. The comparison view lets you change the measurement basis. A local-currency gain does not necessarily mean an asset gained against the dollar or gold.
Do this page's charts show live prices?
No. The charts are historical examples, not a live price feed. The cycle map is a conceptual framework and does not identify the market's current phase.
Does GRAPH provide buy or sell recommendations?
GRAPH supports analysis and evidence assessment. It does not promise returns or provide definitive trading recommendations. You remain responsible for investment decisions.
How do I get access to the GRAPH dashboard?
Complete the access-request form. We’ll be in touch about your request.