In the Relai app dashboard, you’ll find an overview of the investments you've made.
In this article, you'll learn how to read and understand your chart.
We only display the buy and sell orders you made within the Relai app.
In the dashboard, you'll see an overview card called ‘My investment’. This shows you the market value of your investments. Clicking on this card will take you to the ‘My investment’ page.
My Investment Card
My Investment Page
On this screen, you can see the following:
Market Value and Chart
The market value reflects the current value of your portfolio. This is calculated by multiplying your current investment with the current Bitcoin price on a daily basis. The chart shows all your buy and sell orders within the last 365 days.
Your total buy-order amount.
Your total sell-order amount.
Your current running investment. Here we subtract the sell orders from your buy orders, so you can see how much capital is working for you.
Here you can see how much you have in profit or loss with your investments. This is calculated: Profit/Loss = Total value - current investment.
This is the performance of your portfolio, calculated by using the TWR (Time-Weighted Rate of Return). The TWR is easy to calculate and is generally considered the industry standard, but sometimes has its pitfalls when it comes to interpretation. Below you can find the explanation.
The TWR Calculation explanation:
First, a daily rate of return r is calculated for each day:
r1 = (PW1 - PW0) / PW0
The portfolio value at the end of the day PW1 and the portfolio value at the end of the previous day PW0 are used. The difference corresponds to the development of the bitcoin price. Any purchases or sales, i.e. cash flow C1 during the day, are not taken into account for this purpose.
The TWR is then formed by a geometric calculation of these daily returns - from the first r1 to the last rx day of the period under consideration:
TWR = (1 + r1) * (1 + r2) * ... * (1 + rx) - 1