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ENIT

Fincanva score

UPDATED 2026-10-03

The Fincanva score is a single 0–5 quality score that summarises a strategy across several performance dimensions, so you can gauge its overall quality at a glance instead of reading every metric one by one. It is shown with a Strong, Fair or Weak tier — higher is better — and marked "Beta" while the feature is still being refined. The six dimensions it weighs are named on Which dimensions does the Fincanva score weigh?; their weights and the formula that combines them are proprietary and are published on no page.

What the Strong, Fair and Weak tiers mean

The 0–5 score maps to three tiers so you can read it at a glance: Strong (3.4 and above), Fair (2.0 up to 3.4), and Weak (below 2.0). A higher score is better across the board; the tier is the quick summary and the number is the finer reading within it. The tiers describe how to read the score — they are not the recipe behind it.

How does Fincanva handle it?

  • A single 0–5 score, higher is better, summarising a strategy across several dimensions at once.
  • Shown on the metrics view as one headline figure with its Strong / Fair / Weak tier.
  • Marked "Beta" while the feature is being refined.
  • Treat it as an at-a-glance summary, then open the individual metrics to see the detail behind it.

What does it look like in practice?

Two strategies both look reasonable on their headline return. One earns a Fincanva score of 3.8 — Strong — because it holds up across the several dimensions the score weighs together. The other earns 1.6 — Weak — because one or more of those dimensions drags it down. The score flags that the second strategy is worth a closer look before you rely on it; to see what dragged it down, open the individual metrics behind the score.

A Fincanva score is not a rating to buy, hold or follow anything, and no score is a threshold to invest above.

What is the Fincanva score and how do you read it?

The Fincanva score is a single quality score that rates your strategy on a normalized scale, with its benchmark shown alongside for comparison. It appears in Performance Metrics as "Fincanva score", carries a Beta badge, and is a research signal — not a rating of what will happen to your money.

How does the Fincanva score work?

The Fincanva score rates your backtest's overall quality as a single number derived from the strategy's own results — the benchmark is scored the same way and displayed next to it for comparison, but it is not subtracted from your score. Because the scale is normalized, it lets you weigh strategies of different lengths and styles on the same scale. Fincanva does not publish how the score is calculated — the dimensions are named below, but their weighting and the formula that combines them are deliberately not disclosed.

How do you read the Fincanva score?

The score is shown as a gauge on a 0–5 scale, labelled with the score and its maximum — for example "Fincanva score 3.2 out of 5" — with a quality tier of Strong, Fair, or Weak. The card also shows the benchmark's own score, so you can read the two side by side. A higher tier means the backtest scored better than a lower one.

Which dimensions does the Fincanva score weigh?

Six, each shown below the gauge with its own reading on the same 0–5 scale. The labels are the ones the card itself displays:

DimensionWhat it looks at
CAGR / AAGRthe strategy's growth rate — see CAGR
Max DDthe worst peak-to-trough fall — see max drawdown
Std Devhow much the returns varied — see volatility
Sharpereturn per unit of risk — see Sharpe ratio
Pos Monthsthe share of months that ended up rather than down
Recovery Speedhow the strategy came back out of its drawdowns — see longest recovery

Naming the six is as far as this goes: how each dimension is turned into its 0–5 reading, how the six are weighted, and how they combine into the headline score are not published (see below). Two dimensions are worth reading with their direction in mind — a high Max DD or Std Dev reading is a good result, because each dimension is scored so that higher is better, not so that higher is more of the raw metric.

Why isn't the formula published?

The dimensions above are named, but the exact way the Fincanva score is calculated from them is proprietary and intentionally left undocumented — not even support can share it. Reading the tier, the six dimensions and the benchmark comparison is enough to use it. A high score also does not tell you to buy, hold, or sell anything — it summarises historical quality, not a recommendation, and it does not guarantee any future result.

What are the limits and edge cases of the Fincanva score?

The score is marked Beta, so its presentation may still change. The Beta badge here refers to the feature's beta status — it is unrelated to beta, the finance measure. Before a strategy has enough simulated history to score, the card shows "No score available yet" instead of a gauge. A strong score reflects past, simulated performance only; it is not a promise or forecast of future results.

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Fincanva is for education and illustration only. It is not personalised financial advice, and past or simulated results do not predict future ones. Read the Terms Addendum

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