Portfolio Growth %
((current equity - starting equity) / starting equity) * 100
Measures absolute expansion of portfolio equity versus initial capital.
Methodology
Performance Methodology and KPI Definitions
This page defines Quanta performance terminology, core formula conventions and interpretation boundaries so reported metrics can be reviewed with consistent context.
Measurement Principles
- Portfolio equity is treated as mark-to-market value across tracked quote and base balances.
- Percent metrics are normalized from starting equity so performance is comparable between strategies.
- Runtime-sensitive metrics are interpreted with caution below 252 active trading days.
- Projected values are pace-based estimates, not guarantees.
Formula Conventions
ROI %
(cumulative EBIT / starting equity) * 100
Tracks total return generated from operating performance.
Average Daily ROI %
ROI % / active trading days
Normalizes ROI by runtime duration for cross-period comparability.
CAGR %
((current equity / starting equity)^(365 / active trading days) - 1) * 100
Annualises growth pace based on elapsed active trading days.
ROIC %
(NOPAT / starting equity) * 100
Captures capital efficiency after tax assumptions.
Projected EBIT (365d)
daily EBIT * 365
Simple pace projection from observed daily EBIT contribution.
KPI Glossary
| KPI | Definition |
|---|---|
| TVIC (USD) | Today's Valuation in Cash representing total portfolio equity across all connected strategies expressed in US dollars. |
| CAGR % | Annualised growth projection using current ROI pace and elapsed trading days. |
| Portfolio Growth % | Percent growth of total equity relative to combined starting balances. |
| Capital Utilisation % | Percentage of capital actively deployed in quote assets versus total equity. |
| ROI % | Return on investment since strategy inception, calculated from cumulative EBIT. |
| ROIC % | Return on invested capital using NOPAT divided by deployed starting capital. |
| Average Daily ROI % | Dailyised return profile derived from aggregate ROI and trading duration. |
| Active Trading Days | Average number of live trading days across connected portfolios. Data is considered immature below 252 days and only statistically significant once beyond this threshold. |
| EBIT (USD) | Earnings before interest and taxes realised across all strategies. |
| NOPAT (USD) | Net operating profit after tax using a 10% tax assumption. |
| Daily EBIT (USD) | Average daily EBIT contribution aggregated across live strategies. |
| Projected EBIT (365d) | Forward EBIT estimate by extrapolating current daily EBIT pace to one year. |
Interpretation FAQ
Why does Quanta flag data below 252 active trading days?
Short runtimes can overstate or understate performance because sample size is limited. Quanta treats the first maturity window as indicative rather than statistically stable.
Why are both ROI and CAGR shown together?
ROI reports realised return over the observed period, while CAGR expresses the equivalent annualised pace. Reading both avoids misinterpreting short-duration spikes as stable long-horizon growth.
Are projected values guaranteed outcomes?
No. Projections extrapolate current pace and do not account for regime changes, volatility shifts, execution constraints or future configuration changes.