You can import the portfolio history of changes to achieve a more realistic illustration and performance calculation. For example, you applied tactical changes to the model and you want Kwanti's simulation to follow these changes.
To get started, select Portfolio with history from the Import menu:
History file format
CSV (.csv) format with a row for each date/position:
- First column: date
- Second column: symbol
- Third column: weight
The example below shows a model with 06/30/2016 inception at 50/50 SPY/BND allocation. A rebalancing occurs on 06/30/2017 using SPY/ACWI/BND/$CASH, and a final one on 1/16/2018 using SPY/BND/$CASH (click to download sample):
Upload the file
Click Upload and specify the location of the file. Next:
- The file is checked for inconsistencies (weights not adding to 100% or unrecognized symbols). If needed, please make corrections in the history file and upload again.
- If no inconsistencies are found, you are prompted for a portfolio title. The portfolio is ready for analysis.
Viewing or modifying the rebalancing history
Once imported, you can view or modify the history. In the Performance view, click on Edit as shown below:
The list of rebalancing dates is displayed:
You may click on each row to show the position detail for a given date, or click Show details to expand all dates.
To make changes to the history:
- Export the history (click on Excel icon)
- Edit the file in Excel
- Import the history again
Charting the position changes
The value chart with 'positions' option is a convenient way to visualize the rebalancing history. In the example below, a model with an average of 10 positions is rebalanced 5 times over a period of 2 years: