Positions is the view that shows what a strategy would hold right now — the target positions its rules imply at a chosen rebalance date — rather than how it performed across history. It answers "what does this strategy hold today?", where the Analysis view answers "how did it do?". Positions reads from a completed run, so a strategy has to have been run at least once before it can show anything.
Also seen as: Holdings, current state, target portfolio
What does the Positions view show?
Positions shows one rebalance date's target book, in five parts. Four KPIs summarise it — Target notional, Cash, Positions, and Accuracy (see accuracy). The Order plan lists what would be bought, sold, and adjusted to reach that book, grouped as Entering, Exiting, and Adjusted (see order plan). Target allocation shows the resulting weights, including any cash. Rebalances lets you move between past and upcoming rebalance dates. And the Target positions & exits sheet lists every position with its Qty, Target value, Deployed amount, and exits (see target vs deployed).
How is the Positions view different from the Analysis view?
Positions describes a single point in time; Analysis describes the whole path. Positions also runs on its own fixed set of assumptions rather than the simulation assumptions toggles — see Positions forced assumptions for what that set is and why the two views can disagree on the same date.
How does Fincanva handle it?
- Positions on your OWN strategies is set by your plan: it opens from Starter upwards. A Free plan still backtests its strategies and reads the Analysis surfaces its plan includes; what it does not open is this page's view of what one of your own strategies would buy today. Public strategies are unaffected — anyone can open the Positions view of a strategy from the public catalogue, on any plan and signed out. See what each plan includes.
- The current-state output itself is a Free plan's to go without, not merely a page it cannot open. From Starter upwards Fincanva computes this view's figures for a strategy; on Free they are never asked for, so there is nothing held back behind a lock. An out-of-plan Analysis tab works the same way — its figures are not computed either — and the two now look alike: each tab stays in place and opens, marked with the bars of the plan level that includes it, and where the figures would be the page shows a faded sample with the plan's button and one sentence on what the page shows. See what each plan includes.
- Positions needs a completed run. With none it shows "No results yet" and "Backtest this strategy to see its target portfolio."
- You choose which rebalance date to view; when it is not the most recent one the view warns "You're viewing
{date}— not the latest rebalance". - Refresh recomputes the current state, showing "Refreshing…" while it works. It changes nothing about the strategy itself.
- You can type your own figure into Capital, and the target values rescale to it. The saved strategy's own starting capital is unchanged.
- A Combined with only one member strategy shows example results rather than its own — see Incomplete Combined.
What does it look like in practice?
A monthly-rebalanced strategy last rebalanced on 1 July and rebalances next on 1 August. Open Positions and it shows the 1 July target book against 50,000 of capital: 12 positions, a Target notional of 48,000, 4% cash, and 96% Accuracy — the shortfall coming from whole-share rounding across the positions. The Order plan for that date reads 3 Entering, 2 Exiting, and 7 Adjusted, with an estimated turnover figure beside it. Switch the date to the previous rebalance and every panel re-reads that older book instead, with a warning that you are not looking at the latest one.
The Positions view describes a paper target portfolio a strategy's rules imply, never real orders, and no position or figure on it is a recommendation to buy, sell, or hold.
Where this term is used
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Also referenced by 81 terms