On the copy trading portfolio details page, you can view details of your portfolio’s performance.
| Indicator | Description |
| Return on Investment (ROI) | A ratio or percentage that reflects the profitability or efficiency of the portfolio. |
| PNL | Realized + Unrealized Profit/Loss |
| Sharpe Ratio | Measures the return of a portfolio compared to its risk. The greater the Sharpe Ratio value, the more attractive the risk-adjusted return on the portfolio. |
| Maximum Drawdown (MDD) | The maximum observed loss from the peak to the trough in the asset curve over a specific period. |
| Win Rate | (Win days / number of days with trading activities or buy orders) * 100% |
| Win Days | The number of days with a positive daily PNL |
| Assets Under Management (AUM) | Lead Trader's Portfolio Investment Amount + Total Copy Trading Investment Amount |
| Leading Wallet Balance | Wallet Balance + Unrealized Profit/Loss |
| Runtime | Time period since the portfolio was created. |
Please note that the ROI and PNL data will be updated every 10 mins.
Return on Investment (ROI) reflects the profitability or efficiency of a portfolio. It is calculated similarly to the yield rate (net asset value), which prevents the changes in capital (e.g., deposits and withdrawals).
When a portfolio is created, the initial net asset value is 1. When a deposit or withdrawal happens, the net asset value will be immediately updated. In the following formulas, "T" represents the time after a deposit/withdrawal, while "T - 1" represents the time before a deposit/withdrawal.
T Net Asset Value = (T Wallet Balance - Deposit Amount) / (T - 1) Wallet Balance * (T - 1) Net Asset Value
T Net Asset Value = (T Wallet Balance + Withdrawal Amount) / (T - 1) Wallet Balance * (T - 1) Net Asset Value
Net Asset Value = T Wallet Balance / (T - 1) Wallet Balance * (T - 1) Net Asset Value
| Day 1 | Day 2 | Day 3 | Day 4 |
Wallet Balance | 500 | 400 | 1,400 | 1,550 |
Portfolio PNL | 0 | -100 | 0 | +150 |
Deposit | - | - | 1,000 | - |
Withdrawal | - | - | - | - |
Net Asset Value | 1 | 0.8 | 0.8 | 0.886 |
ROI | 0% | -20% | -20% | -11.4% |
Note: ROI has its limitations. For example, when comparing two different trades, the ROI calculation doesn't factor in the time cost.
The Sharpe Ratio is calculated as follows:
For example:
Daily ROI | Mean of Daily ROI | Standard Deviation of Portfolio ROI | Annualized Sharpe Ratio | |
Day 1 | 0% | 0% | - | - |
Day 2 | 50% | 25% | 0.35 | 13.51 |
Day 3 | -2% | 16% | 0.29 | 10.38 |
Day 4 | -8% | 10% | 0.27 | 7.11 |
Notes:
Maximum Drawdown (MDD) refers to the maximum observed loss in net asset value from a highest point (a peak) to the lowest point that occurs after it during a specific period. The higher the MDD, the higher the risk.
Note: MDD can only measure the size of the largest loss a portfolio has experienced, but it doesn’t consider the frequency of large losses, indicate how long it takes for the portfolio to recover from a loss, nor indicate whether the portfolio has already recovered.
MDD = (M - N) / M * 100%
Win Rate = Trader Profit Days / (Current Time - Time of First Trade) * 100%
Notes:
Win Days = Number of Daily PNL Greater than 0
Notes:
