Term
| What does the first line "Advent Asset Management" on the demo portfolio appraisal represent? Where can it be changed? |
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Definition
| The first line is the Company Name. It can be changed in APX under Admin -> Global Settings -> Configuration Settings |
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Term
| What does the second line, "Portfolio Appraisal" on the demo portfolio appraisal represent? Where is this set? |
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Definition
| It represents the name of the report. This is hard-coded into the .rep file used to run the report. The specific file for the appraisal report is car.rep. It can be found in the "rep" folder on the APX file system. |
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Term
| What do the 3rd, 4th and 5th lines on the demo portfolio appraisal represent? Where are there pulled from? |
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Definition
| These three lines are the report headers. They can be found in the Portfolio -> General -> Basic information. |
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Term
| What does the date on the final line of the header of the demo portfolio represent? |
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Definition
| This the date that the appraisal report is run for. It is set in the dialog box when running the Reports -> Portfolio -> Appraisal report. |
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Term
| How are the securities listed in an appraisal report? |
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Definition
| They are grouped by security type. Bonds are sorted within their group by maturity date. Everything else is sorted by security name. |
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Term
| What does the "quantity" column on a portfolio appraisal represent? Is the data pulled or calculated? From where? |
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Definition
| For equities, it represents the number of shares in the portfolio as of the run date. It also takes splits into consideration. For fixed income, it represents the face value (par) of the bond. Both items are calculated. The figures are calculated from data located in the "quantity" of column of the transaction page for a portfolio. They can be lumped or shown in individual tax lots. |
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Term
| What does the "symbol" column on a portfolio appraisal represent? Is the data pulled or calculated? From where? |
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Definition
| It is the specific security identifier. Equities are listed as their ticker. Fixed Income securities are listed as their cusip. This is pulled from the respective "ticker" or "cusip" field on the security information page. |
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Term
| What does the "security" column on a portfolio appraisal represent? Is the data pulled or calculated? From where? |
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Definition
| This is the full description of a specific security. It is pulled from the "Name" field of the security information page. |
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Term
| What does the "unit cost" column on a portfolio appraisal represent, as it pertains to equities? Is the data pulled or calculated? From where? |
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Definition
| This is the price paid per share. It is calculated by dividing the original cost by the quantity. If the original cost is not available, the trade amount is divided by the quantity. All three fields are in the transaction page of a portfolio. |
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Term
| What does the "unit cost" column on a portfolio appraisal represent, as it pertains to fixed income securities? Is the data pulled or calculated? From where? |
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Definition
| This is the percentage of par paid for the security. It is calculated by dividing the cost by the face value.This data is located on the transaction page of a portfolio. |
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Term
| What does the "total cost" column on a portfolio appraisal represent? Is the data pulled or calculated? From where? |
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Definition
| It is the amount paid for the securities. Equities are calculated by multiplying the quantity by the unit cost. Fixed Income is calculated by multiplying the quantity by the unit cost (percentage). |
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Term
| What does the "price" column on a portfolio appraisal represent? Is the data pulled or calculated? From where? |
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Definition
| For equities, it is the current per share price on the market. For fixed income, it is also the current market price but is displayed as percentage of par. Both are pulled from the Prices page in the Information menu. |
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Term
| What does the "percent of assets" column on a portfolio appraisal represent? Is the data pulled or calculated? From where? |
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Definition
| It is the percentage of total assets in the portfolio represented by that particular security or tax lot. It is calculated by dividing the market value of the security by the total market value of the portfolio. Both pieces of data are generated as part of the appraisal report. |
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Term
| What is the hierarchy of settings in APX? |
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Definition
| Global->User->Portfolio->Report |
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Term
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Definition
| Parameters that dictate how data is stored and/or displayed in APX. |
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Term
| What does the "yield" column on a portfolio appraisal represent? Is the data pulled or calculated? From where and how? |
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Definition
| The expected annual rate of return (in percentage). It is calculated by dividing the return for a security by the total cost of the security.For equities, the return is the dividend rate multiplied by the quantity of open positions. Growth stocks will never have a value in the yield column. For fixed income the return is the coupon payments. |
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Term
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Definition
| A variable used to store a value (definition). |
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