CINDX — Product Ratings Explained

CINDX
CINDX
Published in
2 min readJul 29, 2019

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One of the most difficult tasks for inexperienced Investors is choosing the right Manager. The CINDX platform uses its own rating system, which allows anyone to quickly evaluate not only the effectiveness of a Manager, but also to determine their specialization.

The basis for calculating the rating is the trading history recorded on the blockchain, the validity of which can be verified by anyone.

CINDX shifts the paradigm of the current Manager-Investor relationship towards depersonalized, fair-play solutions. While the industry suggests selecting a Manager based on the average results of their trading, CINDX provides full, transparent access to success and failure statistics for all Managers registered on the platform.

How does the rating work?

For better viewing experience, the main factors influencing the overall rating of a product are broken down in a radar chart with 5 values. Every product is compared to other products on the platform, so a completely filled chart represents the most competitive product on the CINDX platform at a given moment in time.

Income — Total profit(loss) made since the creation of the product

Average Income — Average of daily incomes for every day the product has been active

Volatility — Standard deviation of the Average Income values

Max Drawdown — The lowest (compared to the high watermark) point, representing the worst performance of the product since inception

Max Drawdown Duration — The longest period of time spent at the max drawdown level

The number which represents the rating is derived from these parameters above with the help of a complex formula and represents the overall attractiveness of the product on the CINDX marketplace from investors’ perspective. It goes without saying that preferences may vary from one investor to another, but whether one prefers to invest in a long or short term strategy, in a high risk — high reward or a safe product — the rating is a tool that can be useful in many cases, especially for less experienced users.

Want to get a first-hand experience with the platform? Participate in the testing now!

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CINDX
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