Backtest the portfolio and review it's progress

To backtest the portfolio and review its progress, we'll follow a systematic approach to evaluate its performance over the past quarters. Here's how we can analyze the portfolio's historical performance: 1. **Objective**: Assess the portfolio's returns, risk, and drawdowns over the past quarters. 2. **Methodology**: - **Return Attribution**: Break down the portfolio's gains into components, identifying contributions from stocks, bonds, and alternatives. - **Risk Metrics**: Calculate volatility, maximum drawdown, and value at risk (VaR) to gauge risk exposure. - **Performance Comparisons**: Benchmark the portfolio's returns against relevant indices or benchmarks. 3. **Tools and Data**: - Utilize Portfolio Visualizer or similar tools to analyze historical returns and risk metrics. - Collect quarterly rebalancing data to assess strategy effectiveness. 4. **Analysis**: - **Quarterly Returns**: Evaluate the portfolio's returns within each quarter, considering both absolute and relative performance. - **Risk Management**: Review the portfolio's ability to manage risk, including drawdowns and volatility. - **Strategy Effectiveness**: Assess the impact of rebalancing and asset allocation decisions. 5. **Insights and Adjustments**: - Identify areas of strength and weakness in the portfolio. - Evaluate the effectiveness of thematic investments (e.g., clean energy, digital transformation). - Consider adjustments to optimize the portfolio based on backtest results. By following this approach, we can refine the portfolio strategy, make data-driven decisions, and ensure alignment with the investment objectives and risk profile. Let's conduct a thorough backtest and review the portfolio's progress over the past quarters.