I have heard of the following analogy:
- The Poincare disc model of the hyperbolic plane is analogous to the stereographic projection of the sphere, and
- The Beltrami-Klein model of the hyperbolic plane is analogous to the gnomonic projection of the sphere.
Is it possible to make this connection more rigorous? Perhaps by exploiting some kind of trick, like considering the hyperbolic plane a "sphere of imaginary radius"? If so, is there an analogous spherical-geometry projection for the Poincare half-plane model of the hyperbolic plane?

This is not a full answer, but it is the only way I can include graphical information which comes from p. 426 of a French book.
I think this figure is self-explanatory.
If you read French, this (excellent) book is "Initiation à la géométrie" by Daniel LEHMANN and Rudolphe BKOUCHE, Presses Universitaires de France,1988.