We're excited to announce a fresh update to QuantMage that enriches your understanding of asset allocations during backtests. While our
Allocation History
tab has always offered a clear view of the number of days each asset was active, we understood that mere activity doesn’t always correlate with positive returns. To address this, we've introduced a pivotal new metric: Return Contributed
.
This new feature in the
Allocation History
tab now displays the exact contribution of each asset to the spell’s overall cumulative return. This allows for a more nuanced analysis and strategic adjustments to enhance your investment spells.Curious about specific periods within your backtest? We've got you covered. Simply click the
Branch To Highlight
combo while holding down the Shift
key after selecting your desired period with the green rectangle below the plot:
With its dropdown, you'll gain access to a detailed breakdown, showing each asset's active days as a percentage alongside its contribution to returns for that period. Moreover, when you hover over an entry, the active days for that asset are visually highlighted on the plot, allowing for an intuitive and interactive exploration of your data.
These enhancements are designed to provide you with deeper insights and more control over your investment strategies. Dive into these new features and start optimizing your spells with even greater precision!
We hope you find these updates valuable. Happy investing!