Portfolio & Watchlists Overview
Shared Objects on Signal Sigma
On Signal Sigma, anything can be shared—watchlists, portfolios, strategies, and more. Here’s how it works:
What are Shared Objects?
Shared objects are resources that other users have made available for you to view and use. These may include curated watchlists, prebuilt portfolios, or example strategies.
When you sign up, you’ll find a series of shared objects already set up for you, similar to the visualizations available on our legacy website.
Key Characteristics of Shared Objects:
View-Only: You cannot directly modify a shared object.
Duplication: You can duplicate a shared object to make it your own. Once duplicated, it becomes fully customizable.
Sharing: Once an object is yours, you can modify it as needed and share it with others.
Shared objects are marked with a link icon to help you easily distinguish them from your personal objects.
Watchlists on Signal Sigma
Watchlists are a powerful tool, designed to help you organize and analyze a collection of assets tailored to your needs. Here's how they work:
What is a Watchlist?
A watchlist is essentially a table where assets form the rows, and the information you want to analyze (called "views") makes up the columns.
What are Views?
A view is a customizable set of metrics (columns) associated with the assets in your watchlist.
You can configure multiple views to focus on specific metrics for your analysis.
Each view is not just a table—it also supports a visualization type to make insights more actionable.
Visualization Types:
Bar Charts: Display selected columns as a bar chart.
Scatter Plots: Compare two selected metrics by assigning one to the X-axis and the other to the Y-axis.
Aggregation:
Aggregation summarizes the metrics in each column of your watchlist, displaying the result at the bottom of the table. Aggregation is dynamic and only applies to checked items in your watchlist. As you select or deselect assets, the aggregated values will automatically update to reflect your changes.
How to Use Watchlists Effectively:
Select Assets: Tick the checkboxes next to the assets (rows) you want to include in the visualization and aggregation.
Choose Columns: Tick the columns you want displayed in the bar chart or assign specific metrics to the X and Y axes for a scatter plot.
Switch Views: Toggle between views to analyze different aspects of the same assets effortlessly.
The Time Machine on Signal Sigma
The Time Machine is a date-picker tool located in the top-right corner of Signal Sigma, designed to recreate trading conditions from any chosen date in the past. Here's how it works:
What is the Time Machine?
The Time Machine allows you to analyze your data as it existed on a specific day, offering a snapshot of trading conditions and metrics from that point in time.
How It Works by Default:
If left unchanged, the Time Machine automatically adjusts to the latest available data:
Watchlists: It defaults to the latest market close.
Portfolios: If the market is open, it defaults to the present day with delayed intra-day pricing.
When You Adjust the Date:
If you manually select a date, the system remembers your choice and applies it consistently across the platform, even as you navigate between objects (e.g., from a watchlist to a portfolio).
Behavior by Feature:
Portfolios: Displays the state of your portfolio as it was at the end of the selected day, if it existed.
Watchlists: Retrieves data computed at the end of the selected date (or the nearest available market close).
Why Use the Time Machine?
The Time Machine is designed to help you analyze your investment decisions by providing a historical lens. It shows you the data that was available at a specific moment in time, enabling you to assess strategies and decisions as if you were trading on that day.
In watchlists, you can toggle between two dates to assess the performance of selected assets over time. This feature allows you to easily track changes in metrics and visualize the impact of market movements on your selected assets.
Portfolios on Signal Sigma
Portfolios are designed to help you track your real-life investments and provide detailed insights into your holdings — offering information that may not be readily available on your brokerage platform.
How Portfolios Work
Portfolios are your personalized investment trackers. While they will eventually support advanced features like rebalancing and strategy integration, they currently operate in Edit Mode, which allows you to manually input and customize your holdings.
Edit Mode
Edit Mode enables you to build and manage your portfolio through a simple and intuitive interface. Here's how it works:
Accessing Edit Mode: Click the small pencil icon in the portfolio interface to begin editing.
Adding and Editing Holdings: Input your holdings, such as stocks, bonds, or commodities, and edit their properties like:
Amount
Value
Price target
Holding period
And more
Spreadsheet-Like Editing: You can edit any of the marked cells just as you would in a spreadsheet.
Additive Updates: Changes you make in Edit Mode won’t affect other parts of the portfolio automatically (e.g., modifying the number of shares won’t deduct or increase your cash value).
Portfolio Organization and Insights
Automatic Asset Grouping:
Assets are grouped into categories like stocks, bonds, alternative assets, commodities, and cash, based on our understanding of asset classes.
In the future, you’ll be able to customize these groups using the selector in the top-right corner.
Aggregations:
Similar to watchlists, each group features an aggregation bar at the bottom, summarizing metrics like total value or average performance.
Custom Views and Configurable Columns:
You can configure which columns are displayed, tailoring the portfolio to show the metrics that matter most to you.
Risk View (Currently Available):
This view helps you analyze potential scenarios and evaluate upside or downside risks for various targets.