If you have a portfolio called Equities, you can obtain the performance using the command: tacc-0.1> fstats Equities You can obtain the performance of several accounts together, e.g. Eq1 and Eq2, using tacc-0.1> fstats { Eq1 Eq2 } Typical output is something like: CRR% 6 IRR% 10 PROFIT 1000.00 This tells you that the profit you made (realised+unrealised) is 1000.00, and the interal rate of return you are making is 10%. IRR is "a true compound rate of return" - which I think is the most meaningful way of measuring the performance of a portfolio. It does suffer from some theoretical weaknesses; but to me, it is the most sensible statistic available. The CRR figure is a bit of a home-brew statistic, which measures the "current rate of return". All it does is apportion the IRR according to the current date. So, if, for instance, the Dow is up 2% for the current calendar year, you can see that you are currently beating the index by 4% (6-2). My goal in TACC is to be able to massage the data produce by ledger-cli (it sometimes has a little quirky behaviour), and be extensible. I think of it as being like John's REPL for v3, but fully programmable.
Saturday, November 13, 2010
Tacc - fstats
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