INVITE-ONLY SCRIPT
Spot Index Generator - The Quant Science
Create your own spot index and compare returns with a benchmark. With this tool you will be able to quickly check if your portfolio management is better than the benchmark. It is a professional tool suitable for medium to long-term investors who need to create a personal and custom index with only spot assets and need to compare it with the return of a specific market.
Features
You can create your own indexes using up to 10 different assets. Through the user interface you can adjust the weight for each asset, and the initial capital with which to build the index.
Quantitative Data
1. Index Return vs. Benchmark Return
Compare your personal index with the benchmark.
2. Index Average Return vs. Index Return
Compare the return of your index with the average of returns. You can adjust the averaging through the user interface.
3. Volatility Index Analysis using Index Return and Average Index Return
Show the volatility of your index move over key levels created using the average of your index returns.
For the example used in the chart, we created a custom index for the crypto market, including 8 different assets:
1.
ETHUSDT , 10%
2.
BNBUSDT, 10%
3. BINANCE:MATICUSDT, 20%
4.
AVAXUSDT, 5%
5.
SOLUSDT, 5%
6.
GODSUSDT, 10%
7.
SANDUSDT, 10%
8.
SHIBUSDT, 30%
Following the benchmark analysis, the built index (lime color) does not perform better than the benchmark (blue color). As can be seen, the index created a lower return than the benchmark.
Features
You can create your own indexes using up to 10 different assets. Through the user interface you can adjust the weight for each asset, and the initial capital with which to build the index.
Quantitative Data
1. Index Return vs. Benchmark Return
Compare your personal index with the benchmark.
2. Index Average Return vs. Index Return
Compare the return of your index with the average of returns. You can adjust the averaging through the user interface.
3. Volatility Index Analysis using Index Return and Average Index Return
Show the volatility of your index move over key levels created using the average of your index returns.
For the example used in the chart, we created a custom index for the crypto market, including 8 different assets:
1.
ETHUSDT , 10% 2.
BNBUSDT, 10%3. BINANCE:MATICUSDT, 20%
4.
AVAXUSDT, 5%5.
SOLUSDT, 5%6.
GODSUSDT, 10% 7.
SANDUSDT, 10%8.
SHIBUSDT, 30% - The reference benchmark is SANDUSDT.
- The period of analysis start at January 1, 2023 to today.
- Timeframe selected: 5 min
- Capital: 1000 USDT
Following the benchmark analysis, the built index (lime color) does not perform better than the benchmark (blue color). As can be seen, the index created a lower return than the benchmark.
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact thequantscience for more information, or follow the author's instructions below.
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Author's instructions
″Support our team. Unlock access to this premium script by paying the six-month or annual subscription. Subscription cost: $2.50 / Month. Payments accepted: PayPal or Crypto (ETH, AVAX, USDT, USDC). Contact us to proceed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.