Topic: Performance Option on Chart - What is it exactly?
This is not a suggestion, but rather a question. ... and maybe a suggestion too.
On the old Icarra.com there was an option to select Absolute, Time Weighted and Money Weighted (IRR) performance calculations.
On the new Windows application, you can select Performance in the chart, but I cannot find any documentation on what type of performance this is.
I have entered all my re-invested dividends and it takes these into account, but I'm not sure what performance is being charted - without building a spreadsheet to check, I'm guessing that it is showing Absolute performance. I'm using Icarra2 because I did not want to build and maintain my own spreadsheet.
The option that I would really like is the Money Weighted (IRR) - to me that makes the most financial sense to compare performance among investments.