April 8, 2022

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Rina Index Perfomance

Rina Index Definition

Rina Index works is a performance metric that can be used by traders or investors to calculate their risk-adjusted returns. One of the benefits of RINA index compared to other performance metrics, like the net profit/drawdown metric, is that it also includes the time in the market in the calculation,decreasing the inherent market risk. In other words, Rina Index is a good alternative to many simpler performance metrics.

Rina Index Calculation

The Rina Index formula is listed below:

RINA Index = (Net Profit – Net Profit in Outliers)/(Average Drawdown*Percent Time in the Market)

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Emmanuel
Emmanuel
April 8, 2022 8:57 am

This is interesting , thank you

Emmanuel
Emmanuel
April 8, 2022 9:00 am

Do you have any Rina snippets ?