Time-Weighted Return
A return measure that neutralizes the effect of deposits and withdrawals by chaining the returns of each sub-period between cash flows. It answers 'how well did the strategy perform?' rather than 'how did my balance change?' — which is why portfolio dashboards use it to avoid counting a deposit as profit.
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Backtests are hypothetical, computed by DeployQuant's engine on minute-resolution consolidated US market data (2021-01-04 to 2026-07-17, $10,000 starting capital, no margin, fees and slippage not modeled) and do not guarantee future results. Nothing on this page is investment advice. Live trading involves risk of loss.