The live book is the Portfolios page that lists every strategy you follow live, topped by a summary strip that reads the whole book at a glance. Each row is one live-followed portfolio; the strip above them condenses all of those rows into a few numbers — the median return, the best and weakest performers, and how many of the portfolios are positive — for the return window you pick. It is the one screen where you judge your live-followed strategies together rather than one at a time.
Also seen as: Portfolios
What the summary strip shows
The summary strip has three panels that summarise every live portfolio at once, all for the same return window. Whole book carries the headline numbers: the Median return (the middle portfolio's return, so half your book did better and half did worse), the Best and Weakest performers, and a positive count reading {n} of {total} positive portfolios. Book health reports how many portfolios are up to date. You switch the window between MTD, YTD, 1Y, and 1M, and every panel recomputes against that window.
The median is used, not the average, because one runaway winner or loser cannot drag it — it always describes a typical portfolio in the book rather than an outlier.
Defaults in Fincanva
- The strip summarises only strategies you have marked Live; a strategy you have merely backtested but not followed does not appear in the book.
- Each panel reads the return window you select (MTD, YTD, 1Y, or 1M) — the number is a summary across portfolios, never a single portfolio's figure.
- Before any returns exist the strip shows an empty state (
No returns computed yet) rather than a zero.
Worked example
You follow five strategies live, and for the 1Y window their returns are −4%, +2%, +6%, +9%, and +21%. The Median return panel shows +6% — the middle of the five, with two portfolios above and two below — so a single +21% outlier does not flatter the headline the way an average would. Best reads +21% and Weakest reads −4%, and the positive count reads 4 of 5 positive portfolios. Switch the window to 1M and all three panels recompute from each portfolio's one-month return instead.
The median, best, and weakest figures describe what the strategies you follow have already returned, not what they will return, and no ranking in the strip is a recommendation to add to, trim, or drop a portfolio. Fincanva provides no financial advice — see Is this financial advice?.
Where this term is used
Generated · 0 pagesThe pages that reference this term — so a term page is somewhere you pass through, not somewhere you land and stop.
Fincanva provides no financial advice. Backtests show what would have happened — not what will.
GLOSSARY · 193 TERMS