# Performance/Risk/Attribution Dashboards

# Performance and Total Return

## P&L Breakdown

This dashboard breaks down the change in position or networth to it's components. It works as follows

- User selects any date range from the calendar slider
- They also choose any grouping they want (we call it strategy_type)
- The dashboard works from left to right
- first column is the starting position
- intermediate columns explain all the various things (like Security Transfers and Capital Gains etc.) that would have an impact on the closing position
- Starting Position + all the various components = Closing Position

An interactive version of this dashboard below can be seen here

## Time Weighted Returns (TWR)

The time-weighted return (TWR) multiplies the returns for each sub-period or holding-period, which links them together showing how the returns are compounded over time.

The time-weighted return (TWR) helps eliminate the distorting effects on growth rates created by inflows and outflows of money.

Time Weighted Returns are calculated in the following methods

- TWR on Networth (i.e. Leveraged Returns)
- TWR on Non Cash Assets (i.e. ignores the funding cost of the strategy)
- TWR on Cash Deployed
- Unleveraged TWR

*Interactive version of the dashboard below can be seen here*

## Internal Rate of Return (IRR)

IRR, the performance metric of choice in the PE industry, represents the discount rate that renders the net present value (NPV) of a series of investments zero. IRR reflects the performance of a private equity fund by taking into account the size and timing of its cash flows (capital calls and distributions) and its net asset value at the time of the calculation.

## Total Return (including Coupons/Dividends)

Calculated daily, can be reported on any time frequency like daily, monthly, quarterly etc

*Interactive version of the dashboard below can be seen here*

## Realized and Unrealized Gains/Loss

Canopy uses Average Cost method to calculate Realized and Unrealized Gain/Loss. Detailed calculations are available

# Risk

## Mark to Market Risk

Fx and Price mark to market risk in your account can be visualized in multiple ways

*Interactive version of the dashboard below can be seen here*

## Value at Risk

Actual daily p&l volatility of the particular strategy is calculated. VaR is then estimated using a 95% confidence level and a normal distribution assumption

## Volatilty, Sharpe/Sortino Ratio

A volatility v/s return chart is a good way of quickly assessing the risk return on a particular investment strategy.

*Interactive version of the dashboard below can be seen here*

# Attribution

## Attribution Heatmaps

Showing amount of profit and Sharpe Ratio (i.e. how much money was made and how well you made it) in one chart

## Attribution Deep Dive

Slice and dice the cause of your p&l in unlimited ways, down to each individual transaction

*Interactive version of the dashboard below can be seen here*

## Measuring Opening/Closing/Inflow/Outflow

A very useful analysis is to measure inflow/outflow/capital gains etc for specific time periods.

*Interactive version of the dashboard below can be seen here*

Updated 8 months ago