Manage risk of your portfolio

I recently came across a powerful investment analytic tool called portfoliomonkey.com The website is not associated with any investment house and backed by advisors from academia and investment professionals.

I am not sure how much to trust its risk analysis on my portfolio, but at least something is better than nothing, when it comes to quantitative analysis of investment portfolio. To get started, you can sign up and add your investment symbols and value in the system. You can fake it if you are just trying to test the system, I entered correctly and it came back with a PM (Portfolio Monkey) score of 2.5 out of 5. The PM score consists of 3 indicators Average expected return, Volatility and Efficiency ratio(which basically is calculated by dividing Return by volatility. The system then allow users to Optimize, compare and discover the portfolio.

I tried Optimize option and it created a graph of expected portfolio value and also suggested actions to achieve optimized return based on the portfolio. Next I am going to play with the system by adding and merging other portfolio with this one and see if it changes the buy sell recommendation. If you have used Portfoliomonkey, please let me know what you think of its analytic results.