Maintaining observe of your total buying and selling or investing efficiency throughout segments like fairness supply, intraday, or F&O might be troublesome, particularly if you wish to examine your efficiency towards benchmark indices or totally different asset lessons. To assist with this, we’ve launched Efficiency Curve on Console.
In contrast to the present account worth curve—which fluctuates while you add or withdraw funds out of your account, the efficiency curve focuses on precise account degree P&L and gives a clearer image of your buying and selling efficiency by together with each realised and unrealised income and losses.
How is the Efficiency curve generated?
We begin with a base NAV (Web Asset Worth) of ₹1000 from January 2020 or from the date your account worth crosses ₹1000, whichever comes first. Every day, the efficiency curve updates based mostly on:
Income or losses from buying and selling (realized P&L).
Modifications within the worth of your holdings (unrealized P&L).
To make sure there are not any sudden fluctuations while you add funds to your account, we create items utilizing the day gone by’s NAV to maintain the curve clean. Likewise, while you withdraw funds from the account, we scale back the items to keep away from sudden dips.
Let’s say your account worth is ₹10,000. In the event you add ₹5,000 to your buying and selling account the subsequent day, the common account worth chart will present a 50% soar as the worth will increase to ₹15,000. However this isn’t precise revenue—it’s simply the added funds.
Within the efficiency curve, for a similar state of affairs, in case your account worth is ₹10,000 and the NAV is ₹1,000, you’ll have 10 items (10,000 ÷ 1,000). Once you add ₹5,000, we’ll create 5 new items based mostly on the day gone by’s NAV (5,000 ÷ 1,000). The overall items shall be 15, and the NAV will stay ₹1,000 (15,000 ÷ 15), since no revenue or loss has been made.
We have now additionally set guidelines to deal with company actions corresponding to bonuses, inventory splits, IPOs, and many others., to make sure the account worth is correct and there are not any uncommon spikes or drops.
What’s subsequent?
The efficiency curve is at the moment in beta, and we’ll quickly be including fundamental benchmark charts to make it straightforward to match efficiency towards related benchmarks, such because the Nifty 50 index.
You possibly can view the Efficiency Curve on the Console dashboard. Click on the drop-down arrow subsequent to ‘Fairness worth curve’ and choose ‘Portfolio Efficiency’
Word: At present, the curve is in beta, so there may be some points. We’re engaged on fixing them and can announce it to a bigger viewers quickly. In the event you spot any points or have suggestions, please create a ticket right here.
