Alongside the portfolio based on predefined criteria, werin lets you build a portfolio from securities you pick yourself, analyse its history and then track its performance.
Six sections, in the order of the journey.
From your portfolio list, the “Add a portfolio” button offers two paths: “Portfolio based on predefined criteria”, where the werin algorithm selects securities according to your criteria, and “Portfolio built from individual securities”, where you choose the securities yourself.
werin rebuilds the history of the portfolio made of the chosen securities, compares it with a benchmark index and computes the same indicators as for a criteria-based portfolio: performance, Jensen’s alpha, bar charts and composition.
The maximum number of securities depends on your subscription and your credits; it is shown in the form.
Credit consumption follows the same logic as for a portfolio based on predefined criteria.
First choose where to look for securities, then the currency used for the calculations.
United States (S&P 500), Europe (STOXX Europe 600), France (CAC All-Tradable) and China (CSI 300). You can tick several: their securities are then offered together.
Type at least 2 characters: company name, ISIN or RIC code.
A given security appears only once. werin gives priority to the universe whose currency matches the calculation currency, and to France before Europe.
USD, CNY or EUR. Each security’s prices are converted through the euro, using the exchange rate of each date.
Three ways to split the portfolio between the chosen securities (N is the number of securities).
Weights proportional to each security’s market capitalisation, capped by the maximum weight per security.
For size weighting only. 1.15/N by default; it must lie between 1/N and 1.
Every security has the same weight, i.e. 1/N.
You enter the number of shares of each security and the weights follow. This mode matches a portfolio you actually hold.
The estimation period and transaction costs are set as for a portfolio based on predefined criteria.
The estimation period starts at the earliest on the first date shared by all chosen securities; this date is suggested once the securities are selected.
The most recent available date.
“Include transaction costs” unticked: no cost is applied. Ticked: the percentage entered applies if provided; otherwise the werin brokerage grid for securities from a single universe, or 0.5% of traded amounts for securities from several universes.
The results page follows that of a portfolio based on predefined criteria, with a few differences.
A composite index built from the rebuilt indices of each universe, weighted by each universe’s share of your portfolio.
Since the securities are chosen freely, there is no opposition portfolio: the charts compare your portfolio with the index only.
The criteria summary shows the weighting mode and the calculation currency. Composition prices are expressed in that currency.
Reopens the form pre-filled with the same selection, so you can adjust it.
Saving the portfolio records an actual purchase of the securities at the latest available prices.
Saving directly records the purchase of the numbers of shares entered.
An investment page suggests, for the amount to invest, the number of each security that matches the portfolio weights. You can change these numbers; transaction costs, the total invested and uninvested cash are recalculated before you confirm.
Value of the securities bought, transaction costs included. Uninvested cash is not added back to the portfolio.
The portfolio is then updated every day: value, IRR over the actual investment period and Base 100 at the purchase date. There is no revision: the composition stays as you chose it.
5 minutes, no commitment, no credit card required.
No credit card
Results in 5 minutes
