How Stockwiz Uses PaRRVA & Verified P&L for Reporting
How Stockwiz Uses PaRRVA and StrykeX Verified P&L for Transparent Performance Reporting
Stockwiz uses two mechanisms — StrykeX Verified P&L and NSE's PaRRVA — to make algo and research performance claims checkable, not self-reported.
How Stockwiz Uses PaRRVA and StrykeX Verified P&L for Transparent Performance Reporting
Stockwiz uses two separate mechanisms to make performance claims checkable rather than self-reported. StrykeX Verified P&L captures real algo trades as they happen, live, distinguishing them from backtests and simulations. NSE's PaRRVA framework, which Stockwiz has enrolled with, independently verifies eligible past performance for SEBI-registered intermediaries — currently applied to Model Portfolios and stock recommendations. Algo performance will move under PaRRVA once the applicable exchange framework allows it. Past performance never guarantees future results
Two very different questions come up whenever someone evaluates a trading platform or a research provider: did this algo strategy actually trade the way it's being shown, and can this track record be trusted independently of the person reporting it? Stockwiz now has a direct, distinct answer to each.
Two Mechanisms, Two Different Questions
Rather than force one solution to cover two different problems, Stockwiz runs two separate mechanisms — each matched to the kind of claim it verifies.
Two Mechanisms, Two Different Questions
Verified P&L, Briefly
When an eligible strategy trades live on StrykeX, the platform captures the entry and exit as they happen and turns that into a Verified P&L — a record of an actual trade, not a backtest and not a simulated run. Users can share their own Verified P&L just as StrykeX shares its own, under the same standard.
PaRRVA, Briefly
PaRRVA is NSE's framework for independently verifying the past performance that eligible SEBI-registered intermediaries present. Stockwiz has enrolled with it and has started sharing PaRRVA-verified performance for eligible Model Portfolios and individual stock recommendations — a check that sits outside Stockwiz's own reporting, rather than resting solely on it.
What's Covered Today
• Live now: Verified P&L for eligible algo strategies, and PaRRVA verification for eligible Model Portfolios and stock recommendations.
• Coming: PaRRVA verification extended to algo performance, once the applicable exchange framework permits it.
Verify These Frameworks Yourself
Stockwiz Technologies LLP is a SEBI-registered Research Analyst, and PaRRVA is a framework operated under NSE. Both are worth checking independently rather than taking on trust.
See It for Yourself
Both mechanisms are already active on StrykeX Algos. For a closer look before picking a plan, our free community runs through the tutorials as PaRRVA coverage expands.
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Frequently asked questions
What is StrykeX Verified P&L?
A feature that captures the real performance of algo strategies deployed live, with entry and exit recorded by the platform in real time — distinct from backtested or simulated results.
What is NSE's PaRRVA framework?
An NSE framework for independently verifying the past performance presented by eligible SEBI-registered intermediaries. Stockwiz uses it today for eligible Model Portfolios and stock recommendations.
Does PaRRVA currently verify algo performance?
Not yet. Algo performance will move under PaRRVA verification once the applicable exchange framework permits it; until then, Verified P&L is the platform-level mechanism for live algo performance.
Why two separate mechanisms instead of one?
Because algo performance and research performance are different kinds of claims. A live trade can be captured the moment it happens; historical research performance is better suited to independent, exchange-level verification.
Does either mechanism guarantee future returns?
No. Both confirm what has already happened. Past performance does not guarantee future results, and investments and trading are subject to market risks.
Where can I read the full explanation?
See the companion long-form article, StrykeX Verified P&L and PaRRVA: How Stockwiz Is Building Transparency in Investment & Algo Performance.
StrykeX — By Stockwiz Technologies