bDelta
bDelta is a term used in finance and accounting to represent the change in value of an asset or portfolio over a specific period, typically a day. It is a measure of performance, indicating whether the asset or portfolio has gained or lost value. This value can be expressed in absolute monetary terms or as a percentage of the initial value. For example, if a stock portfolio was worth $10,000 at the beginning of the day and $10,100 at the end, the bDelta would be $100 or 1%.
The calculation of bDelta is straightforward, involving the subtraction of the opening value from the closing