-
- Tools available for free and pay users
- Portfolio Management Tab - Adding portfolios for free evaluation
- Portfolio Management Tab - Editing Your Current Portfolio List
- Top Portfolios Tab - How to...
- How Portfolios Are Ranked By Portfoliopedia.com
- Reading portfoliopedia.com's Portfolio Analysis page
Home page - Your Watch List
When not logged into portfoliopedia.com, the Your Watch List section under Investment Tools will show a box stating 'Once you begin tracking portfolios, your personal list will appear here if you are logged in.'
To activate Your Watch List:
First, you will need to log in. To log in, click on the Investment Tools hyperlink. You will be directed to the Investment Tools login page. If you are a new user, register. If you are a returning user, log in. If you forget your password, email your user name to info@portfoliopedia.com.
Click on the Top Portfolios Tab. You can either select a Ranked Portfolio or a portfolio from Your Personal Portfolios. Click on the portfolio you would like to add to Your Watch List and click the 'Add to Watch List' button. You will see the portfolio added to Your Watch List at the bottom of the page.
Now, whenever you log into portfoliopedia.com, Your Watch List will populate on the portfoliopedia.com home page.
Tools available for free and pay users
All users are able to add and evaluate personal portfolios to portfoliopedia.com for free. There is currently no limit to the number of portfolios you can enter into portfoliopedia.com's database.
All users are also able to view the performance of the top 25 portfolios from all categories.
All users can add any top 25, or personal portfolio to the Your Watch List.
Pay users in addition have access to the securities, allocation and trading history of all top 25 portfolios in portfoliopedia.com's database.
Adding portfolios for free evaluation
- Click on the Portfolio Management tab.
- Click on the Add New Portfolio button.
- Enter a name for your portfolio.
- To select securities, type the name of the security, the fund code (if a mutual fund) or the ticker symbol into the search box. portfoliopedia.com's search feature will generate a list of securities for you to choose from. When you find the correct security, type in the percentage of the security in your portfolio and click the add button.
- If you make a mistake adding securities to your Current Holdings list, you can edit or delete the holding by clicking on the Edit or Delete hyperlink.
- When the portfolio weights of all securities in the Current Holdings list total 100%, the Save Portfolio button will enable. Click on the Save Portfolio button to add your portfolio to portfoliopedia.com's database. portfoliopedia.com's evaluation software will immediately calculate risk, estimate a maximum potential 1 year gain or loss, a diversification score based on correlation coefficients. portfoliopedia.com will also score your portfolio against all other portfolios in our database that have approximately the same amount of risk (measured as standard deviation).
- Each day, portfoliopedia.com will calculate your portfolio's return and annualize the return from the date you enter your portfolio into our database.
Please note: Although portfoliopedia.com will rank your portfolio immediately within the most appropriate risk category, your portfolio will not show up in the Ranked Portfolios list under the Top Portfolios tab for 30 days. One the 30 day waiting period has passed, if your portfolio continues to be ranked in the top 25 portfolios in a risk category, all portfoliopedia.com users will be able to see your portfolio's rank.
If you edit your portfolio after the 30 waiting period, your portfolio will contiue to appear if ranked the following day in the top 25 portfolios of similar risk.
We only add portfolios to the top 25 ranked portfolios after 30 days to avoid short-term security selection bias.
Editing Your Current Portfolio List
Anytime in the future, if you want to make an allocation change or holding change to a portfolio in Your Current Portfolio List, click on the Portfolio Management Tab, highlight the portfolio you want to edit and click on the Manage Selected Portfolio button.
After editing your portfolio, make sure you click on the Save Portfolio button at the bottom of the page to register the changes with portfoliopedia.com's database. portfoliopedia.com will instantly re-calculate your portfolio's position in its pear group using your new allocations and/or security choices.
Top Portfolios Tab - How to...
To view top 25 portfolios of all portfoliopedia.com users:
-
Select an Investment Region (Canada, US or International) Choosing International will display all portfolios regardless of the geographic location of users. Choosing Canada or US will filter the list to securities for sale in the same country.
-
Choose a Risk Level. portfoliopedia.com places all portfolios in our databases into one of eight risk categories. The categories are based on overall portfolio standard deviation.
To view a portfolio within a risk category:
- Highlight the portfolio you want to view.
- Click on the Basic Report button.
The Your Personal Portfolios list is populated by adding portfolios to portfoliopedia.com's database. Click here for more help.
The Your Watch List section is populated by selecting portfolios either from the Ranked Portfolios section or the Your Personal Portfolios section (both listed above Your Watch List) and clicking on the Add To Watch List button. Any portfolios added to Your Watch List will also appear at the top of the home page when you are logged in.
How Portfolios Are Ranked By Portfoliopedia.com
Portfoliopedia.com uses a propriatory algorithm to calculate a portfolio's rank in relation to other user's portfolios of approximately the same risk.
What we can tell you about the way we calcuate rank is:
Portfoliopedia.com calculates the daily standard deviation of your portfolio to determine the risk level of your portfolio. Standard deviation is also considered when determining your portfolio's rank. However, it is mainly a way to make sure we are comparing your portfolio to portfolios of similar risk to make the evaluation as fair as possible.
Portfoliopedia.com evaluates the correlation between all securities of a portfolio. The better the correlation matrix, the better your correlation score. To learn more about correlation, click here.
Portfoliopedia.com calculates a theoretical 3 year historical return and after being entered into portfoliopedia.com's database, the portfolio's actual annualized return is re-calculated daily.
Portfoliopedia.com also looks at trade frequency. Although not a very large component of our algorithm, frequent trading can temporarily reduce a portfolio's ranking.
All of these variables are considered together to determine a portfolio's overall rank within a risk category. The calculation is updated daily to ensure the top 25 portfolios of each risk category are accurately represented.
Reading portfoliopedia.com's Portfolio Analysis page