Label formatting refers to the customization of text labels on chart and gauge axes. Proper label formatting significantly
enhances the clarity and aesthetic appeal of a chart, making it easier for viewers to understand the presented data. The control
supports various label formatting options to accommodate different data types, such as numeric values, date/time values, and time span
values. In addition to label formatting, the control provides various options to customize the label's appearance, including font,
font style, color, size, and more.
