Demky
November 10, 2024, 2:37pm
1
Hello,
i dont understand how is working the performance chart.
When I check the details at Securities Account, here is “account_A” :
Now if I check the Performance Chart of “account_A”, the performance is only +3.88% (pink)
How is it possible ?
Isn’t it supposed to be like +100% or something like that ?
from 2513€ purchased to 4894€ market value ?
How is almost x2 value only +3.88% performance ?
Hello Demky, the performance chart is showing the TWR, Time-Weighting Return called TTWROR in PP. You can add the TTWROR column in the Statement of Assets. It will show you the 3.88% for this account in your first picture.
Demky
November 10, 2024, 2:56pm
3
oh ok thank you, I didn’t know it take time into account.
is there is a name for “a performance that ignore time” ?
“Absolute performance %” doesn’t work for the account
Yes I think Absolute Performance % is not defined at accounts level. It is defined at securities level, along with Capital Gain % too.
Another performance metric the Money-Weighting Return, also called the IRR, which is defined at account level.
I think this article explains well the MWR and TWR
And this is a French video about TWR :
And quick comparaison between the différent metric :
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