Overview of Year
Definition: Year represents the specific year extracted from a Datetime field, offering yearly granularity for analysis. Formatted as a four-digit number, e.g., 2024.
Importance: Yearly tracking helps traders analyze long-term trends, evaluate annual performance, and adjust strategies based on historical data.
Tips: Use Year to identify long-term trading patterns. Compare yearly performance across different assets. Align year-based analysis with macroeconomic events to gain deeper market insights.
Transaction-Level Scope of Year
Definition: Transaction-Level Year extracts the year of the transaction, aiding in year-based tracking.
Formula: The year is derived from the Datetime field by isolating the four-digit year value.
Example: A transaction recorded on 2025-02-10 has a Year value of 2025.
Application: Helps traders track transaction timing in relation to yearly market movements.
Trade-Level Scope of Year
Definition: Trade-Level Year aggregates transaction-level years, providing an overview of yearly patterns within the trade.
Formula: The trade’s year is determined by identifying the dominant year of all associated transactions.
Example: A trade executed across December 2024 and January 2025 might be classified under 2025 if the majority of transactions occurred in that year.
Application: Useful for tracking trade performance based on annual trends and cycles.
Portfolio-Level Scope of Year
Definition: Portfolio-Level Year consolidates trade-level years, offering portfolio-wide insights into yearly activity.
Formula: The portfolio’s yearly trends are identified by aggregating all trade years.
Example: If most trades in a portfolio occur in 2023 and 2024, these years might be considered significant trading periods.
Application: Helps traders monitor long-term portfolio performance and adjust investment strategies accordingly.
