Premium "strategy performance" related terms.

Definitions

Profit since the strategy went live.

Estimated annual return based on current return %.

Max Drawdown (MDD) logs the maximum negative continuous difference since the strategy went live. It helps you determine the maximum potential risk a strategy may face.

Standard deviation measures the degree of profit/loss fluctuations. A higher value indicates a bigger fluctuation.

The percentage shows the strategy's win rate based on the number of its entries.

The effective period of the contract.

For BinFi subscribers, Bincentive will return the principal and profit within 2 business days after the contract ends (business days exclude weekends and national holidays in Taiwan).

Sharpe Ratio examines the strategy’s performance by adjusting for its risk.

Sharpe Ratio = (Return of the strategy - Risk-free rate) / Standard deviation of the strategy's excess return. 

In other words, it helps you calculate your potential return given the risks you are carrying - typically the higher the value, the better the strategy performance. 

The currency for which the contract will settle on.

Performance fee type describes how performance fees will be split. Eg. High water mark, positive return.

High Water Mark means the highest value that an investment fund or account has ever reached. In the case of investment funds, the high water mark value is used to determine the bonus of the fund manager. The bonus is calculated on the basis of the amount earned above this level. This method ensures that the manager does not get large bonuses if the fund is not performing well.

Notifications will be sent out automatically when members incur significant losses.

Positions will be cleared when members experience losses that meet the specified limit.