Dev Tools · 2h ago
Free API computes portfolio risk metrics like Sharpe and beta
A new free API lets developers compute portfolio risk metrics including Sharpe, Sortino, beta, alpha, and max drawdown by sending price data. It offers four endpoints for metrics, correlation, diversification, and rebalancing. The service provides 1,000 free requests per month via RapidAPI.
Meridian48 take
Useful for fintech devs, but the API's reliance on user-provided data limits its value for those without clean price series.
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Compute portfolio risk metrics (Sharpe, beta, correlation) via a free API - in JS and Python →
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apiportfolio-metrics