How does the Fincanva score work?
The Fincanva score rates your backtest's overall quality as a single number derived from the strategy's own results — the benchmark is scored the same way and displayed next to it for comparison, but it is not subtracted from your score. Because the scale is normalized, it lets you weigh strategies of different lengths and styles on the same scale. Fincanva does not publish how the score is calculated — the dimensions are named below, but their weighting and the formula that combines them are deliberately not disclosed. For the one-line definition, see Fincanva score.
How do you read the Fincanva score?
The score is shown as a gauge on a 0–5 scale, labelled with the score and its maximum — for example "Fincanva score 3.2 out of 5" — with a quality tier of Strong, Fair, or Weak. The card also shows the benchmark's own score, so you can read the two side by side. A higher tier means the backtest scored better than a lower one.
Which dimensions does the Fincanva score weigh?
Six, each shown below the gauge with its own reading on the same 0–5 scale. The labels are the ones the card itself displays:
| Dimension | What it looks at |
|---|---|
| CAGR / AAGR | the strategy's growth rate — see CAGR |
| Max DD | the worst peak-to-trough fall — see max drawdown |
| Std Dev | how much the returns varied — see volatility |
| Sharpe | return per unit of risk — see Sharpe ratio |
| Pos Months | the share of months that ended up rather than down |
| Recovery Speed | how the strategy came back out of its drawdowns — see longest recovery |
Naming the six is as far as this goes: how each dimension is turned into its 0–5 reading, how the six are weighted, and how they combine into the headline score are not published (see below). Two dimensions are worth reading with their direction in mind — a high Max DD or Std Dev reading is a good result, because each dimension is scored so that higher is better, not so that higher is more of the raw metric.
Why isn't the formula published?
The dimensions above are named, but the exact way the Fincanva score is calculated from them is proprietary and intentionally left undocumented — not even support can share it. Reading the tier, the six dimensions and the benchmark comparison is enough to use it. A high score also does not tell you to buy, hold, or sell anything — it summarises historical quality, not a recommendation, and it does not guarantee any future result.
Limits and edge cases
The score is marked Beta, so its presentation may still change. The Beta badge here refers to the feature's beta status — it is unrelated to beta, the finance measure. Before a strategy has enough simulated history to score, the card shows "No score available yet" instead of a gauge. A strong score reflects past, simulated performance only; it is not a promise or forecast of future results.
The Fincanva score describes historical, simulated quality — not future results, and not advice. Fincanva provides no financial advice — see Is this financial advice?.
Terms on this page
GeneratedEvery defined term this page uses, matched against the corpus — including the alias forms the prose actually says.