Performance metrics - updated in near real-time while the market is open. This helps gauge how the portfolio performs against the most common benchmarks.
Note the time-stamp in brackets below - this provides when the data was last updated.
The title section immediately below the performance metrics indicates the timing of potential allocation changes, whether today is:
- a non-rebalance day [today is not a rebalance day], and
- provides the date of the prior close.
- a rebalance day [today is last trading day of the (week, month, or week & month)], and
- provides notice of potential allocation changes in the dashboard.
Non-Rebalance Day Example
The example below is from a non-rebalance day. Notice how the three strategies (Milton, Sector, and Leverage) aggregate into MONGO. Let's look at the current allocation and how it's calculated.
The first asset listed in the composite view (in alphabetical order) is IAU with an allocation of 27.60%. This is derived by summing the following:
- Leverage = 33.33% x 50% Allocation = 16.665%
- Sector = 18.75% x 25% Allocation = 4.688%
- Milton = 25.00% x 25% Allocation = 6.250%
Note - The "Change" and "Prior" columns will be empty "-" on non-rebalance days.
Rebalance Day Example
You immediately know that potential allocation changes are provided because:
- The "Change" and "Prior" columns in the composite view have data, and/or
- The title specifically informs [today is last trading day of the week & month]
- reminder - the last trading day of the week and month are when potential changes occur
This time we'll look at the 6th listed asset, VGIT. At the time of this snapshot it had a potential allocation of 29.69% (the values are dynamic while the market is open). We've already discussed how the current allocation calculation is derived.
Let's incorporate how the "Change" and "Prior" columns function.
- Leverage - going into the day, the prior allocation was 45.00%. A change of +5.00 is signaled which, if the market were to close at that moment, the current allocation would be 50.00% (45.00 + 5.00).
- Sector - going into the day, the prior allocation was 32.81%. A change of -14.06 is signaled which, if the market were to close at that moment, the current allocation would be 18.75% (32.81 - 14.06).
- Milton - going into the day, the prior allocation was 0.00%. A change of 0 is signaled which, if the market were to close at that moment, the current allocation would be 0% (0 + 0).
Reminder - you only need to focus on MONGO Allocation -> Current. The remaining columns provide transparency of what's driving the allocations.
