"Investmenttracking" refers to the tracking and management of investments, including stocks, bonds, mutual funds, and other financial instruments, to monitor the performance and value of the portfolio.
Typical functions of software in the "Investmenttracking" domain include:
Portfolio management: Capturing and organizing all investments in a portfolio, including details such as security type, purchase date, purchase price, and quantity.
Performance analysis: Calculation and display of the portfolio's performance over specific periods, including returns, gains/losses, and performance compared to benchmark indices.
Transaction tracking: Tracking all transactions related to the portfolio, including purchases, sales, dividends, interest, and corporate actions.
Diversification monitoring: Monitoring the diversification of the portfolio across different asset classes, sectors, industries, and geographical regions.
Performance reporting: Generating reports on the portfolio's performance as well as details on individual investments and transactions.
Risk assessment: Evaluation and analysis of risks associated with the portfolio, including volatility, correlations, and potential loss scenarios.
Tax reporting: Providing reports on the tax implications of investments, including capital gains, dividends, and tax losses.
Custom alerts and notifications: Setting up alerts and notifications for important events or changes in the portfolio, such as reaching price targets or changes in asset allocation.