V2EX equity curve

Equity Curve

Definition / 定义

Equity curve(资金曲线/权益曲线):在交易或投资中,用折线图展示账户净值(权益)随时间变化的曲线,用于观察策略的收益、回撤、波动与稳定性。常见于量化回测报告与交易日志中。

Pronunciation / 发音

/kwti kv/

Examples / 例句

The equity curve rose steadily after we reduced risk.
在我们降低风险之后,资金曲线稳定上升。

Although the strategy made money overall, the equity curve had several deep drawdowns during volatile markets.
尽管该策略总体盈利,但在市场波动剧烈时,资金曲线出现了多次较深的回撤。

Etymology / 词源

Equity 原指“公平”,在金融语境中引申为“(账户)权益/净值”;curve 来自拉丁语 curvus(弯曲的),常用于指“曲线图”。合在一起即“账户权益随时间变化的曲线”。

Related Words / 相关词汇

Literary Works / 文学作品举例

该术语主要出现于交易与量化领域的书籍与教材(常作为图表标题或指标讨论),例如:

  • Quantitative Trading(Ernest P. Chan)
  • Algorithmic Trading(Ernie Chan)
  • Systematic Trading(Robert Carver)
  • Evidence-Based Technical Analysis(David Aronson)
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