There are multiple performance metrics displayed on the Social page, and most of them represent something different. This help article will go into detail about what each performance metric represents. As a general rule of thumb - if performance is displayed with a "%" sign, it has had manual balance changes (such as deposits and withdrawals) removed during the performance calculation.
The Social Card
This is the landing page shown when you click on "Social". Each line represents a single portfolio managed by a Leader and the performance shown here represents the performance of the corresponding portfolio over the displayed time frame. Each of these performance values is a rolling window, which means if you are looking at the 7 day performance, it is being calculated starting from 7 full days ago to the most recent balance update.
The color of the line within the 1w performance chart represents the aggregate raw change in performance over the last 7 days, with deposits and withdrawals removed. This means that a red line indicates a decrease in performance, and a green line indicates an increase in performance regardless of the actual change in portfolio balance.
Inside the Social Card
Here, we can see an overview of a Leaders public portfolios. The performance displayed here is a 7 day rolling window. The overview also shows the number of followers, recommended balance, and fee structure for each public portfolio. To expand a portfolio and view a portfolios performance over alternate timeframes or a description of the portfolio, simply click on the down arrow highlighted in the screenshot above. By expanding the portfolio dropdown, you can see portfolio specific information such performance over additional timeframes, a list of assets included within the portfolio, and summarized trading history.
Additionally, you can see how each portfolio has compared to other portfolios on Shrimpy for the same 3 timeframes referenced above. In the screenshot above, this portfolio has performed better than 93% of the other portfolios on Shrimpy for the previous 24 hours.
The Social Graph
Another way to gather information about a Leaders profile is by using the graph. Our social page uses a performance-based graph and deposits and withdrawals do not have an effect on the performance displayed on the Social page. In the screenshot above, you can see a portfolios performance at any time point shown on the graph and the performance shown is relative to the starting point. In the example above we can see that the weekly performance is being displayed, and at 2:02PM on 7/19/22 (slightly halfway through the week), the performance since 7/15/22 (the start of the week) was +2.5%. As shown in the alert at the bottom of the mouseover display, all timeline points are approximate.
There are times where you'll see N/A listed for performance on the social page, and this can happen for multiple reasons.
- The portfolio does not have sufficient history to calculate performance.
In order to show a performance value on the social page, we require the entire duration of history to be filled completely. This means that in order to display a "1W" performance value, there must be at least 1 week worth of history.
- The portfolio has a balance that is less than $1.
In order to show a performance value, we require a balance greater than $1. This is to reduce strain on our infrastructure, as well as to mitigate the potential trading issues that could arise by following a portfolio with a balance of less than $1.
- There is a data issue due to external influence.
We rely on a number of third-party services for things such as asset and price data. If these third-party services experience an outage or if there is an issue with the data we receive from them (either speed or integrity) it can result in our inability to display a performance value. These issues are usually temporary.
All of these metrics display a slightly different set of data, and together can be used to get an idea of how a Leader is performing as well as determine if and when you want to start following them.
Have questions, comments or concerns? Feel free to reach out to us via the blue "Support" button found in the bottom left corner of your Dashboard, or send an email to Support@Shrimpy.io.