piScreener Glossary

PI

Popular Investor: A user on the eToro platform who has gained a significant following for their trading strategies and is often copied by other users.

Benchmark

A reference point or index used to measure the performance of a portfolio or an investor. It helps assess how well an investment or portfolio has performed relative to a specific standard.

Historical Performance

Historical Performance refers to the past track record of an investor's or portfolio's returns and results, providing insights into their previous successes and failures.

Cumulative Performance

Cumulative Performance represents the total return on an investment over a specified time period, taking into account all gains and losses during that period.

Total Return

Total Return measures the overall profit or loss on an investment, including both capital gains (appreciation in asset value) and income (dividends, interest, etc.).

Annualized Return

Annualized Return is the average annual return on an investment over a specific period, accounting for compounding. It provides a standardized measure of performance over time.

Standard Deviation

Standard Deviation is a measure of the volatility or risk associated with an investment. Higher values indicate greater potential for price fluctuations and risk.

Beta

Beta measures an investment's sensitivity to market movements. A beta of 1 indicates that the investment tends to move in line with the market, while values above 1 suggest higher volatility.

Alpha

Alpha is a measure of an investment's risk-adjusted performance relative to a benchmark. Positive alpha indicates outperformance, while negative alpha suggests underperformance.

Sharpe Ratio

Sharpe Ratio is a measure of an investment's risk-adjusted return, considering its volatility. A higher Sharpe Ratio typically indicates better risk-adjusted performance.

Copiers

Copiers are users who replicate the trading strategies of a Popular Investor. They automatically mirror the actions of the Popular Investor's portfolio.

Risk

Risk refers to the potential for loss or deviation from an expected outcome in an investment. It's an inherent aspect of investing. The value is provided by eToro and it ranges from 0 to 10.

Minimum Risk

Minimum Risk represents the lowest level of risk associated with an investment or portfolio, often used as a reference point for assessing risk.

Maximum Risk

Maximum Risk represents the highest level of risk associated with an investment or portfolio, helping investors understand the potential downside.

12-month Sharpe Ratio

The 12-month Sharpe Ratio calculates the Sharpe Ratio over a rolling specific 12-month window, providing insights into recent risk-adjusted performance.

12-month yearly return

12-month yearly return is the annualized return over a rolling 12-month window, indicating how the investment performed over the past year.

12-month standard deviation

The 12-month standard deviation calculates the standard deviation over a rolling 12-month window, offering insights into recent volatility.

Correlation

Correlation is a statistical measure of the relationship between two or more variables or investments. It assesses how closely their movements are related.

Buy

Buy refers to open a BUY (Long) position. Therefore, you gain when the stock goes up.

Sell

Sell refers to open a SELL (Short) position. Therefore, you gain when the stock goes down.

Position Value

Position Value is the total value of an investment position, calculated by multiplying the quantity of assets held by their current market price.

Position Value Pct

Position Value Pct represents the percentage of the total portfolio's value represented by a specific position. It helps assess portfolio allocation.

ticker

A ticker is a symbol representing a publicly traded company's stock on a stock exchange. It's used for easy identification and tracking of stocks.

symbol

A symbol is a unique identifier for a financial instrument or asset, such as a stock, bond, or mutual fund, enabling precise tracking and trading.

Exchange

An Exchange is a platform or marketplace where financial instruments, such as stocks and bonds, are bought and sold, facilitating trading and liquidity.

Sector

A Sector refers to a category or group of related companies within an industry, often used for portfolio diversification and analysis.

Asset Class

An Asset Class is a category of investments with similar characteristics, such as stocks, bonds, or real estate, offering varying risk and return profiles.

Value at Risk

Value at Risk (VaR) is a measure of the potential loss in the value of a portfolio over a specified time frame, providing insights into risk exposure.

Yahoo Ticker

Yahoo Ticker is a ticker symbol used on Yahoo Finance to identify a financial instrument. It's used for tracking and researching investments.

StdDev Risk Over Equities

StdDev Risk Over Equities is how much a position is contributing to the standard deviation of the portfolio divided by the allocation (%) of the position in the portfolio, indicating the volatility of stock holdings.

Value At Risk Over Equities

Value At Risk (VaR) Over Equities is how much a position is contributing to the Value At Risk of the portfolio divided by the allocation (%) of the position in the portfolio, assessing potential losses.

AUM

AUM (Assets Under Management) represents the total value of assets managed by a popular investor, indicating the scale of their fund.

Drawdown

Drawdown is the peak-to-trough decline in the value of a portfolio during a specific period, reflecting losses experienced by investors.

Modern Portfolio Theory

Modern Portfolio Theory is a theory that emphasizes diversification to optimize risk-adjusted returns in a portfolio, based on the trade-off between risk and return.

Smart Portfolio

Smart Portfolio refers to a portfolio designed and managed using advanced algorithms and strategies to optimize returns and minimize risks, often incorporating data-driven decision-making.

What is eToro?

eToro is a social trading and multi-asset brokerage company that was founded in 2007. It allows users to trade and invest in a variety of financial instruments such as stocks, ETFs, cryptocurrencies, and more. One of eToro's unique features is its social trading platform, which enables users to follow and copy the trades of successful traders.

What is eToro Copy Trading?

eToro Copy Trading is a feature that allows users to automatically copy the trades of other eToro users. This means that if a user decides to follow and copy another trader, any trades that the copied trader executes will be automatically replicated in the follower's own account.

How does eToro Copy Trading work?

In order to use eToro Copy Trading, a user must first find a trader to copy. This can be done by browsing through eToro's social trading platform and looking for traders who have a track record of success. Once a trader has been identified, the user can choose to allocate a portion of their own funds to automatically copy the trader's trades.

When a user copies a trader, any trades that the trader executes will be automatically replicated in the follower's own account. The size of the trade will be proportional to the amount of funds that the user has allocated to the copy trade. For example, if a trader executes a trade worth $100 and a user has allocated $1,000 to the copy trade, then the user's account will execute the same trade but with a value of $10.

What are the benefits of eToro Copy Trading?

• Easy to use: Copy trading allows users to benefit from the expertise of experienced traders without having to do the research themselves.
• Diversification: Copy trading allows users to spread their investments across a range of different traders and financial instruments.
• Transparency: eToro's social trading platform provides users with access to a range of performance metrics for each trader, allowing them to make informed decisions about who to copy.
• Low minimum investment: eToro allows users to copy other traders with as little as $200.

Overall, eToro and eToro Copy Trading are powerful tools for anyone looking to invest in financial markets. Whether you're a seasoned investor or just getting started, eToro's social trading platform makes it easy to access the expertise of experienced traders and diversify your portfolio.

If you don't have an eToro account yet, register here.

As an investor, you want to be able to deposit funds into your trading account quickly, easily, and without paying high fees. Unfortunately, many online trading platforms charge some conversion fees when you deposit funds in a currency different from your account currency. But there are ways to avoid these fees, and we will discuss them in this post. Additionally, we will introduce you to two methods for depositing funds on eToro without paying conversion fees: Wise and eToro Money.

Using Wise

Wise, formerly known as Transferwise, is a popular currency exchange service that allows you to convert your currency at a lower cost than what traditional banks charge. With Wise, you can link your account to your eToro account and deposit funds directly. This is a great option if eToro Money is not available in your country or if you prefer to use a more general currency exchange service.

Using Wise can save you a significant amount on conversion fees, and we highly recommend it. However, keep in mind that there will still be some fees associated with using Wise, although they are typically much lower than traditional bank fees.

Sign up for Wise with this link for free

Using eToro Money

If you want to specifically deposit funds into your eToro account without paying any conversion fees, eToro Money is one of the best option. eToro Money is a new payment service that eToro launched recently. With eToro Money, you can deposit funds into your eToro account in your local currency without paying any conversion fees.

Using Both Methods

While using either Wise or eToro Money is an excellent way to deposit funds into your eToro account without paying conversion fees, we recommend using both methods if possible. This will provide you with more flexibility and options when it comes to depositing funds, especially if you are in a country where one of the methods is not available.

In conclusion, using both Wise and eToro Money is a great way to maximize your flexibility and options when it comes to depositing funds into your eToro account without paying conversion fees. By using both methods, you can choose the option that works best for you based on your specific needs and circumstances.

And if you decide to use Wise, please consider using our affiliate link to support our website. Thank you!

Investing in the financial market can be a daunting task, especially for beginners. But with the emergence of social trading platforms like eToro, the process has become easier and more accessible. By copying a Popular Investor, you can follow their investment strategy, potentially achieving similar returns. However, finding the right Popular Investor to copy can be a challenge. In this article, we will discuss some tips on how to find an eToro Popular Investor to copy.

1. Check the History: When searching for a Popular Investor, it's essential to check their trading history. eToro requires that Popular Investors have at least three years of history on the platform. You can check their performance by looking at their portfolio's past trades, profits, losses, and risk level. It's important to note that past performance is not a guarantee of future results, but it can give you an idea of the trader's experience and consistency.
2. Match Your Risk Profile: It's crucial to find a Popular Investor whose risk level aligns with your personal risk profile. You can check a Popular Investor's risk level by looking at their risk score. eToro assigns a risk score to each trader based on their historical volatility, so you can compare and choose the one that suits your risk appetite.
3. Complement Your Portfolio: If you're already copying someone or managing your own investment, you may want to look for a Popular Investor who can complement your portfolio. For example, if you have a high-risk portfolio, you may want to find a trader who specializes in low-risk investments. By diversifying your portfolio, you can potentially reduce risk and achieve better returns.
4. Look for Trustworthy Traders: Trust is critical when choosing a Popular Investor to copy. You should look for traders who are transparent, have a good track record, and communicate regularly with their followers. You can also check their reviews, social media profiles, and other public information to get a better sense of their reputation.
5. Evaluate Their Investment Philosophy: Finally, you should evaluate the Popular Investor's investment philosophy. Do they have a long-term or short-term investment strategy? Do they invest in stocks, cryptocurrencies, or other assets? You should choose a Popular Investor whose investment philosophy aligns with your own investment goals and values.

In conclusion, finding the right Popular Investor to copy on eToro requires careful consideration. By checking their trading history, matching their risk level, complementing your portfolio, choosing trustworthy traders, and evaluating their investment philosophy, you can potentially improve your chances of success in the financial market. Remember to do your research and only invest what you can afford to lose. Happy investing!