Question 1

How does Fincanva handle it?

Accepted Answer

The panel summarises only strategies you have marked Live; a strategy you have merely backtested but not followed does not appear in the book. The three figures read the return window you select (1M, YTD or 1Y) — each is a summary across portfolios, never a single portfolio's figure. A portfolio with no computed return for the selected window is left out of that window altogether: it is not counted in the median, in the positive count or in the total after of. A portfolio counts as positive only if its return is above zero; a return of exactly zero is neither positive nor negative. Before any returns exist the median section shows an empty state (No returns computed yet) rather than a zero.

Question 2

What does the book summary panel show?

Accepted Answer

The book summary panel stacks its sections in a fixed order, from the book's returns down to what needs you. Select a row and the panel gives way to that portfolio's own details; with no row selected it shows the book. Median return — the middle portfolio's return, so half your book did better and half did worse, shown large. A switch beside the title picks the window: 1M, YTD or 1Y, with YTD selected when the page opens. Beside the figure, a count reads how many portfolios are positive, as {n} of {total} positive portfolios. Best and Weakest — the portfolio with the highest and the lowest return in that window, each with its name and its signed return. Selecting a name opens that portfolio's Positions view. Live used — how many live slots the account holds: {held} / {allowed} when the plan has a ceiling, the number held alone when it has none. It is left out on a plan whose live allowance is zero.

Question 3

What does the To do section list?

Accepted Answer

To do, the panel's last section, lists what needs you, in three groups: Needs attention (portfolios whose run is not up to date, each with its reason) and Controls (portfolios whose run is fine but that have an open strategy control) appear only when they have something to list; Next rebalances (the portfolios rebalancing soonest, with the days left) is always there and reads No upcoming rebalances when none is due. With nothing needing attention and no rebalance due, the section opens with Nothing needs you right now. How to clear each group is covered in Keep your live book in order.

Question 4

What does the return window change, and why the median?

Accepted Answer

The window switch changes only the first two sections: median, the positive count, Best and Weakest all recompute for the window, while To do does not depend on it. The three windows are the return windows of the same names; the panel offers no MTD.

The median is used, not the average, because one runaway winner or loser cannot drag it — it always describes a typical portfolio in the book rather than an outlier. With an even number of portfolios it is the average of the two middle ones.

Question 5

What does it look like in practice?

Accepted Answer

You follow five strategies live, and for the 1Y window their returns are −4%, +2%, +6%, +9%, and +21%. With 1Y selected, Median return shows +6% — the middle of the five, with two portfolios above and two below — so a single +21% outlier does not flatter the headline the way an average would (the average here would be +6.8%). The count reads 4 of 5 positive portfolios, Best names the +21% portfolio and Weakest names the −4% one. Switch to 1M and every figure recomputes from each portfolio's one-month return instead. If a sixth live strategy has no 1Y return computed yet, it stays out of the 1Y view — the count still reads of 5 — and is counted as soon as a return exists for the window you select.

The median, best, and weakest figures describe what the strategies you follow have already returned, not what they will return, and no ranking in the panel is a recommendation to add to, trim, or drop a portfolio.