my professional spreadsheet also has a chart over the drawdown distribution, as
shown in Figure 27.11, which holds parts of the information that the IASG draw-
down analysis holds (not shown).
Aside from the portfolio analysis, the spreadsheet also can look at the indi-
vidual markets to help you get a feel for how they interact with each other and the
portfolio as a whole. The most interesting numbers here are the percentage con-
tribution and the percentage correlation, in Figure 27.14. The percentage contri-
bution number shows how large the profit or loss is in an individual market in
relation to the total profit or loss of the portfolio. The percentage correlation
number shows how much the equity curve of the individual market correlates
with the total equity.
However, because all markets are dependent on each other, the relationships
between the results for the individual markets and the portfolio as a whole are not332 PART 4 Money Management
FIGURE 27.6
The IASG Web site.