What is comparison ratio in SAP IS-OIL-DS-TSW - Trader's and Scheduler's Workbench?

SAP Term: comparison ratio

• Component: IS-OIL-DS-TSW

• Component Name: Trader's and Scheduler's Workbench

• Description: The relationship between the quantity of material measured on shore and the quantity measured on the ship. You calculate this ratio as follows: Total quantity measured on a ship divided by total quantity measured on shore. Multiply the result of this by 100. &EXAMPLE& Quantity measured on ship: 50,000 barrels Quantity measured on shore: 52,000 barrels Comparison ratio = 50,000 divided by 52,000, multiplied by 100 = 96.15 This means that for every 100 barrels that leave the shore, only 96.15 barrels are received on the ship.

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• Key Concepts: 
  Comparison ratio is a feature of the IS-OIL-DS-TSW Trader's and Scheduler's Workbench (TSW) that allows users to compare the performance of different trading strategies. It is used to measure the profitability of a given strategy by comparing it to other strategies. The comparison ratio is calculated by dividing the total profit of a given strategy by the total profit of all other strategies. 
  
  How to use it: 
  To use the comparison ratio, users must first define their trading strategies. This can be done by setting up parameters such as the type of asset, the time frame, and the risk profile. Once these parameters are set, users can then compare their strategies against each other using the comparison ratio. The higher the comparison ratio, the more profitable a given strategy is compared to other strategies. 
  
  Tips & Tricks: 
  When using the comparison ratio, it is important to remember that it only measures profitability and does not take into account other factors such as risk or liquidity. Additionally, it is important to keep in mind that different strategies may have different levels of risk associated with them, so it is important to consider this when evaluating different strategies. 
  
  Related Information: 
  For more information on using the comparison ratio in TSW, please refer to SAP's documentation on TSW Trader's and Scheduler's Workbench. Additionally, there are many online resources available that provide further information on using comparison ratios in trading strategies.