What Paperball calculates differently
- In euros, day by day: every price is converted on its day at the reference rate of a central bank. Return, volatility and drawdown include the exchange rate movement from the point of view of a euro investor.
- With taxes: taxes on capital gains and distributions according to the mechanics of 8 countries, for Germany with partial exemption (Teilfreistellung), saver's allowance (Sparer-Pauschbetrag) and advance lump-sum tax (Vorabpauschale).
- All allocations: Paperball calculates every allocation of your securities in fixed steps, each in five rebalancing variants, and sorts them by metrics such as the Sharpe, Sortino or Calmar ratio.
- Monte Carlo from real months: 10,000 paths from pieces of real monthly returns, with savings plan, withdrawal and tax — or every starting year of the price history in its real order.
What Portfolio Visualizer additionally offers
Portfolio Visualizer describes factor analyses, tactical allocation models, a fund screener and optimisations such as Black-Litterman on its website. Paperball does not offer factor analyses or tactical models.