RVB-DD-DEF

Selected to limit drawdown

Paper account

The paper portfolios’ published record begins on 08 Aug 2026.

Net asset value: $1,004,469.15
Since inception: +0.447%
Last session: -0.052%
Opened: 08 Aug 2026

Annualised statistics, such as the Sharpe ratio, volatility and annual return, are published once an account has 60 marked sessions; this one has 30 marked sessions. Cumulative return, daily returns and the drawdown path are shown in full below.

Performance

PortfolioSession closeS&P 500 · price, 5-minuteCash

Last point: session of 21 Sept 2026 (close 16:00 America/New_York). This portfolio has published no session since then, while the rest of the record has moved on (to 21 Sept 2026). The curve stops where the record stops: no value is carried forward and no session is estimated.

Account equity from 2291 broker readings at 5-minute resolution. Dots mark each session’s official closing value. The S&P 500 is shown for context. The index line is SPY’s 5-minute price, measured from its level when this account was funded, 08 Aug 2026. Dividends are not applied intraday, so it ends a few basis points from the daily total-return series.

Risk and statistics

Position

Net asset value: $1,004,469.15
Cumulative return: +0.447%
Marked sessions: 30

Return

Best session: +0.440%
Worst session: -0.649%
Winning sessions: 17 up · 13 down

Daily returns

Every session since inception.

Drawdown

Equity against its own running maximum.

Distribution of daily returns

How daily returns are spread, session by session.

Return spread by horizon

Whiskers are the minimum and maximum, the box the interquartile range, the line the median. A weekly or monthly row can include a partial first or last period.

Daily · 30 observations-0.65% … +0.44%

Weekly · 5 observations-0.12% … +0.61%

Monthly returns

Shaded against the largest month so far. An asterisk marks a partial month (record begins mid-month; record ends mid-month). Hover a cell for the sessions behind it.

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	·	·	·	·	·	·	·	+0.12%*	+0.33%*	·	·	·

Worst drawdowns

Each decline from a peak, its depth and how long it lasted.

Started	Trough	Recovered	Depth	Sessions
28 Aug 2026	01 Sept 2026	18 Sept 2026	-1.004%	16
14 Aug 2026	20 Aug 2026	24 Aug 2026	-0.407%	7
11 Aug 2026	11 Aug 2026	12 Aug 2026	-0.114%	2
21 Sept 2026	21 Sept 2026	ongoing	-0.052%	1
25 Aug 2026	25 Aug 2026	27 Aug 2026	-0.023%	3

Computed by the firm’s metrics module and published as data. Annualised figures are added here once they are published.

Composition and holdings

Category	Strategies	Target weight
Mean reversionMR	6	73.8%
MomentumMOM	2	15.4%
SeasonalSEA	1	10.8%

Open positions

as at 16 Sept 2026

Category	Positions	Cost basis	Market value	Open P&L
	31L · 22S	-$3,049	-$3	$3,046 (+0.96%)
	8L	$154,998	$152,493	-$2,505 (-1.62%)
Total, net	61	$151,949	$152,490	$541

Cost basis is signed and the total nets longs against shorts, so it is not the size of the portfolio. Account equity, above, is the exact figure and is read from the broker.

Positions are grouped by the category of strategy holding them; individual strategies are not named. Each position shows its quantity, cost basis and mark. Profit and loss by category is an attribution model, while the account equity above is read from the broker.

Account and evidence

Type: Paper account
Reference: sha256:862dc86cb72b80a6
Currency: USD
Equity resolution: 5 minutes (broker equity) · 2291 readings
Record: 31 chained snapshots
Market data: IEX (~2-3% of consolidated volume)
Strategies: 9

2 of this portfolio’s 31 chained records were added to the chain on 13 Aug 2026, after the sessions they describe. Each entry in CHAIN.jsonl records both dates.

This portfolio’s data published 22 Sept 2026, 05:15 UTC · statistics as of 21 Sept 2026 · 209 chained records across all portfolios.