Calculation Methodology
Exact formulas for return, volatility, and risk metrics calculated by Firewire Analytics.
XIRR — Money-Weighted Return
Internal rate of return for irregular deposits and withdrawals considering cash flow timing and volume.
TWR — Time-Weighted Return
Net investment strategy performance excluding external cash flow distortions for benchmark comparison.
Real Return (Fisher Equation)
Real purchasing power earned by the portfolio net of inflation rate adjustments.
YTM — Yield to Maturity
Effective bond yield calculated from your actual purchase price accounting for accrued interest, taxes, and fees.
Duration & Interest Rate Risk
Macaulay duration and modified duration: measuring bond price sensitivity to interest rate shifts.
Risk Metrics — Sharpe, Sortino, VaR
Sharpe, Sortino, Treynor ratios, Alpha, Beta, VaR (95%) and Max Drawdown mathematical formulas.
HHI Concentration Index
Herfindahl-Hirschman index portfolio diversification, top holding limits, and effective number of holdings.
G-Curve & Z-Spread
MOEX/CBR zero-coupon curve, Z-spread calculation, and floating-rate coupon predictions.
Monte Carlo Simulation
Probabilistic evaluation of 10,000 capital trajectories, success rate, and quantile estimation.
FIRE Model & 4% Rule
Target passive income capital calculation, savings rate, and financial independence age forecast.
Cash Flow Calendar & Tax Accounting
Dividend and coupon forecasting, net yields calculation, and automated tax withholding.
Credit Rating Allocation & HY Bonds
Credit rating tier breakdown (AAA to High Yield), default risk evaluation, and portfolio convexity.
IIS Tax Deductions & Exemptions
Tax optimization: IIS accounts (Type 1, 2, 3) and long-term capital gains tax exemptions.
Guides & Layout Customization
Manuals for tailoring your Firewire analytics workspace.
Desktop (Tauri v2) & PWA
Install the lightweight app for Windows, macOS and Linux, or the PWA on iOS and Android.
Bento Grid Dashboard Builder
Customizing your investment dashboard layout with modular Bento Grid widget tiles.
Alternative Assets & Crowdlending
Tracking JetLend crowdlending via API alongside your broker accounts.
Social Benchmarking & Sharing
Comparing portfolio performance with community medians while protecting privacy.
Currencies & Cash Analytics
Cash balances, liquidity KPIs, FX basket diversification, Cash Drag calculator, and cashflow history.
Trades Analytics
Trades activity by period, asset breakdowns in tooltips, transaction ledger, and return attribution.
Payout Calendar & Tax
Coupon and dividend schedule, reinvestment compounding, and 2025 progressive tax tiers.
Bond Analysis & Asset Card
Price & volume charts, B/S trade markers, coupon cash flows, ruler tool, and YTM calculator.
Referral Program & Revenue Share
20% on first payment, 15% on recurring subscriptions, 10% promo discount for friends, and cash payouts.
Master Password and Three Broker Key Storage Modes
Where the encrypted broker key lives in Local Only, Cloud Vault and 24/7 modes, and what to do if you forget the master password.
In-App Support: Tickets and Conversations
Bug reports with screenshots and console logs, feedback and ideas from inside Firewire: ticket statuses, pins and Telegram replies.
Comments on a Public Portfolio
The chat under a public page: reply threads, Markdown, likes, reports and bookmarks, who can post and how long you can edit.
Embedding Portfolios and Calculators on Websites and in Notion
The whole portfolio or single widgets on your website, in Notion and Medium: iframe code, theme, calculators and access limits.
The Mortgages Section: Early Repayment, Tax Refunds, Rent or Buy
Payment and overpayment, early repayment cutting term or payment, refunds by year, DTI and buying versus renting.
Compound Interest Calculator: Goals, Horizon and the Power of Regular Deposits
Three modes, tax and inflation, “+2 years / +1% / +10%” impact factors, a yearly table with CSV and a link with parameters.
The Positions Page: Filters, Closed Holdings and Restoring Securities
Active/Closed filter, price as % of par, 30-day sparkline, “Until LDV” badge, YTM, duration and restoring hidden holdings.
Dashboard Widgets: Asset Profitability, Top Traded Assets and More
Asset Profitability with limits, Top Traded Assets over 30 days, capital flow, duration, payouts and top positions.
Rate Stress Test: What Happens to Your Bonds if the Central Bank Moves the Rate
A ±5 pp key rate slider shows how much your bonds would lose or gain — in rubles and as a percent of the portfolio.
Forecast: Reinvestment vs Simple Return
Two portfolio trajectories for years ahead: tax, IIS-3, commission, custom rate, OFZ benchmark and mortgage payments.
Bond Maturity Calendar
How much face value comes back from bonds each year and from which securities — amortizations and year details included.
Tax Preview: How Much Personal Income Tax You Would Pay if You Sold Everything Today
Unrealized profit and loss, the offset base and 13/15% income tax — a tax estimate before you sell, with an IIS mode.
Financial Reports by Month and Year
Value, profit, coupons, dividends, fees, taxes and turnover by month and year — with totals and CSV export.
Commission Statistics: How Much You Pay Your Broker
Total fees for a period, average commission per trade and share of turnover — on the Trades page, the dashboard and in Reports.
Notification Center: Every Portfolio Event in One List
Payouts, ratings, idle cash and support replies: search, type filters, Mark all as read, archive and restore.
Automatic Alerts: Issuer Rating Changes and Idle Cash
When Firewire alerts you on its own: an issuer's credit rating changed or idle cash exceeds 5% and RUB 10,000.
Multiple Dashboards: a Separate Screen for Every Strategy
A separate screen for dividends, bonds or trading: name, icon, color and its own widget set. From 1 to 30 dashboards by plan.
Note Widget and Asset Widget
A Markdown note next to your numbers and a single-security card: price, P&L, YTM, duration and next payout — you pick the metrics.
Public Portfolio Page Builder
Tabs, a banner with a link, QR code, strategy tags, contacts, design and your own Yandex Metrika on a public portfolio page.
Access Codes & Secret Links
Unmasking data: permanent master password, temporary secret links with visit limits, and instant access revocation.
Joining Investor Communities
Join request, favorites, publishing your portfolio and notification settings for new portfolios, updates and comments.
Portfolio in Dollars, Euros and Yuan: Display Currency
A header button converts portfolio amounts to USD, EUR or CNY at the Bank of Russia rate. Plus the CPI inflation source.
Firewire Appearance: Design, Theme and Fonts
Firewire, Broker Cabinet and Flat designs, dark theme, background tone, font size and typeface, content width.
Subscription: Auto-Renewal, Promo Codes, Cancellation and Refunds
Recurring payments, promo codes for discounts and free days, plan changes without losing days, 14-day self-service refunds.
Your Data: Export, Account Deletion and Sign-Out on All Devices
Export all your data as JSON, delete the account (what goes and what stays) and sign out everywhere at once.
Interactive Tours of the Firewire Interface
An overview tour after first sign-in and screen tours via the “?” button: chapters, keys, voice-over and where progress is stored.
Broker Integrations (API)
Step-by-step guides to generate access tokens and configure automated transaction sync.
Features & AI Intelligence
Core platform capabilities, multi-portfolio comparison, and autonomous AI risk officer.
AI Copilot & Risk Officer
In-chat broker report parsing, duplicate elimination, REPO filtering, and public page intelligence.
Portfolio Comparison & Public Analysis
Side-by-side asset allocation, TWR/XIRR comparison, and in-context AI Copilot dialogue.
Model Context Protocol (MCP) Tools
Deterministic backend function calling, public sharing analytics, and BYOK integration.
Portfolio Sharing & Public Access
Generate secure public links, anonymous percentage-only mode, and visitor Copilot insights.
Telegram Bot Setup & Alerts
Instant portfolio change alerts, dividend notifications, passwordless Telegram login, and session security.
Getting Started
Frequently asked questions and next steps.
TWR vs XIRR — Which return metric to use?
Understanding when strategy performance vs actual money invested matters most.
Security & API connection questions
API key encryption, supported brokers, privacy, and free trial on our main site.
Try on your own portfolio
Connect your broker via API or upload a transaction report for instant TWR/XIRR analytics.
Resources & Glossary
Investment terminology, definitions, and platform development history.