Explain the Change

Canopy Visualizer plots the networth of your entire account (or any combination of sub-accounts) on the main Dashboard.

The single most used feature in Canopy is the Explainer, which ‘explains’ why the networth changed between any two dates chosen by the customer.

• User selects the date range for which an ‘Explanation’ is desired
• Canopy calculates the change in Networth for that period and breaks it down into
  1. Realized Gains
  2. Unrealized Gains
  3. Fund Flows
  4. Fx Revaluation
• User can then drill down to the individual transactions if needed

See 15 second demo below.

All calculations are based on a) transaction tickets of the underlying account with the categorization to them and b) the market data for underlying assets and exchange rates.

The abbreviation “PnL” stands for “Profit and Loss”.

Calculations Explained

Date Selection

Any day can be a Start date or End date for the Explainer.

The evaluation will run from the Closing Prices of the start date to the Closing Prices of the end date.

Which means that flows that happened on the start date are excluded from the attribution.

Assume we wanted to understand the performance of the month of January 2017, the dates to choose are 31-Dec-2016 to 31-Jan-2017.

The closing values of 31-Dec are equal to the opening values on 01-Jan. To ensure that a particular day is included in the attribution, set the start date to one day prior.

FX Reval