Positive months
Shows how often calendar months closed in profit.
Positive months is a simple count of months where return was above zero. It is like marking a calendar in green and checking how many green marks the account collected.
The metric gives a quick view of regularity. If profits appear rarely, total return may depend on a few bursts; if many months are positive, the path often looks calmer, but that still says nothing about the size of losses.
60-70% positive months often looks steady, and 80%+ looks very smooth, but a high share alone does not prove quality. A common mistake is to celebrate 90% positive months without checking whether one large loss outweighed many small wins. Short histories are weaker evidence.
Example: over 12 months, the account closed 8 months up, 3 months down and 1 month around zero. The simple positive-month share is 8 out of 12, or 66.7%. For the Consistency component, zero months are handled separately, so the calculation context still matters.
How we compute it
Months are calculated on calendar UTC boundaries using TWR returns. The Consistency component uses non-zero months and a separate guard for the minimum number of observations.