I found this website call Finverse - https://www.finverse.in/ which has this feature to create portfolio of Stocks and Mutual Funds and check the historical performance of the portfolio. It also gives metrics like sharpe ratio, gain to pain ratio and comparison with Nifty 50. Has anyone tried it before? Does anyone know how accurate or reliable it is?
Following up on this. Can anyone please help?
I created this portfolio that i’m currently invested in:
|GUJARAT STATE PETRO
|NUCLEUS SOFTWARE EXPORTS
|CCL PRODUCTS (I)
This is what the website tells me the performance is:
While my portfolio did better than benchmark, it could have done better if my allocation in Supreme industries was higher. Also can anyone help me understand what max drawdown means
Maximum drawdown means the maximum percentage by which your portfolio went down in a given time period.
Okay got it. So in this case I could have got better performance and lower drawdown if I have just invested equally in each stock