Calculate TWR (Time Weighted Return) Performance [edited]

dpags

Does Quicken have any plans to add TWR investment performance calculation to the system?

NotACPA

We're other users and, thus, have no idea about this. And, Q never pre-announces new features until JUST before they're released.

Jim_Harman

For the uninitiated, TWR stands for Time Weighted Return. I edited the title to expand the acronym.

Quicken's Investing > Performance > Growth of $10,000 chart is supposed to be based on a TWR calculation, but unfortunately Quicken's formula is flawed and gives incorrect results if there are large cash inflows or outflows near the start of the period.

For a further discussion of this topic and other performance measures, also started by @dpags, please see this discussion

Investment Performance

dpags

Sep 15, 2023

Quicken uses IRR for performance which is not appropriate for public securities. It should use Time Weighted Return. I find it is way off from my broker statements. Does anyone use any external software to track performance?

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UKR

For reference, you are talking about the Time-Weighted Rate of Return (TWR) Formula (investopedia.com) , aren't you?