This Calculation Guide summarises the formulas for all quantities we compute Agora.
All calculations are based on monthly returns time series of share classes of funds. For risk-adjusted statistics and correlation measures, we additionally use monthly returns of a benchmark index and a risk-free index that are selected in the user interface. Before performing the following calculations, the time series for each of these are aligned to the time frame selected in the user interface. Calculations are only performed when the required series is complete, and values shown in the user interface are generally rounded to two decimal places.