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.
Showing posts with label tacc fstats ledger. Show all posts
Showing posts with label tacc fstats ledger. Show all posts
Saturday, November 13, 2010
Tacc - fstats
Subscribe to:
Posts (Atom)