METHODOLOGY · SAME MATH AS THE TX SERIES AS OF 2026-10-06

How your basket is computed

1 · Calculation

Level(t)        = 1000 · Σᵢ wᵢ · Pᵢ(t) / Pᵢ(0)
Contributionᵢ   = 1000 · wᵢ · (Pᵢ(T) / Pᵢ(0) − 1)   [index points]

Basket starts at 1000.00 with your selected weights at P0. Its 24-point validated window uses equal time intervals ending at the published Indices ledger, with weights fixed across the window. The permanent Indices series carries holdings from its last rebalance, so a newly equal-weighted basket can have a different return. Like-for-like comparisons require the same holdings and window. Everything computes in your browser from the immutable snapshot of 2026-10-06 — no server, no estimation.

2 · Weighting modes

MCAP uses snapshot market caps, optionally passed through the series’ iterative 10% cap-and-redistribute. Small baskets where n × 10% < 100% fall back to equal weight — the same named Small-Basket Rule the TXTR and TXCM benchmarks use. EQUAL gives every member 1/n. CUSTOM takes your raw numbers and normalizes them to 100% — the display always shows effective weights.

3 · Statistics

HHI is Σwᵢ²; top-N weight sums the N largest weights; breadth counts members up vs down over the window; the equal-weight overlay recomputes your selection at 1/n so the gap between the lines is your weighting’s concentration effect, in index points.

4 · What this is not

An educational computation over validated snapshot data. Baskets are not products, offers, portfolios, backtests, or advice. No annualization, no extrapolation, no ratings. Share links encode only the selection and weights — nothing else.

Validated XRPL data — computed at build from the immutable market snapshot of 2026-10-06. Not investment advice; no ratings or opinions are published.