1. Holdings

The asset allocation for the portfolio is broken down into four major categories (Equity, Fixed Income, Alternative, and Cash), and a full listing of holdings is provided. The additional details screen shows specific characteristics of each holding. 

2. Stress Test Risk + Return

The number in the red arrow indicates the greatest potential loss across all of HiddenLevers' scenario outcomes. Conversely, the number in the green arrow indicates the greatest potential gain across all of HiddenLevers' scenario outcomes. The Additional Details popup gives a full listing of the potential upside and downside impact for all scenarios. To learn more about a topic and the specific outcomes, click the name of a scenario. 

3. Correlation Risk

The number on the spectrum is a measure of both correlation and concentration risk, computed based on the portfolio's full correlation matrix. The metric ranges between 0 and 1, with 0 representing an infinite number of perfectly uncorrelated positions, and 1 representing any number of perfectly correlated positions. A single position portfolio also receives a score of 1 (based on extreme concentration risk).

The expanded view (+) of Correlation Risk will show you positions in a portfolio that are highly correlated. This can drive a wedge between the prospect and their current advisor. It is also a valuable tool in determining which position in a pair is better suited for the portfolio.

4. Risk Measures

This section provides a comparison between the portfolio and its benchmark across several key risk metrics. The additional details screen gives a larger range of comparison metrics, and which economic levers impact the portfolio most.

The traditional measures will compare your portfolio against a designated benchmark. The benchmark is automatically selected based on asset allocation. To customize benchmarks, click edit the portfolio.

The timeframe is based on the youngest position in a portfolio.

The “impact” column measures the sensitivity of the portfolio to the lever in % terms. For instance, if the impact coefficient for Oil is 1.5, this means that for every 1% move up in oil, the portfolio will move up 1.5%. The impact coefficient is similar to a correlation coefficient, but note that it can be greater than +1 or less than -1.  

5. Performance History

The chart shows the performance of the portfolio compared against a benchmark. Please note that this chart does not take into account trading history as HiddenLevers does not store the actual trading history for an account. The chart reflects performance of a static portfoio. For model allocations, the chart reflects performance assuming that the portfolio is rebalanced to maintain the allocation over time. 

6. Geographical Analysis

This section breaks down the geographic location (Domestic, Emerging Markets, or Developed International) of the equities in a portfolio and benchmark.  

7. Style Analysis

This section analyses the investment style (value blend, or growth) of the equity portion of your portfolio. 

8. Fixed Income Analysis

This section exposes the yield, duration, type and credit quality, of the fixed income portion of a portfolio.

9. Historical Drops

The chart below shows the historical downside performance (in percentage terms) for each portfolio. The lowest point on the chart shows the maximum loss incurred by each portfolio over the depicted timeframe. 

10. Sector Analysis 

This section provides the breakdown of the different sectors a portfolio is allocated in. 

11. Portfolio Costs 

This section breaks down the fee information in a portfolio.