Varial Demo Portfolio

Free demo
By Varial ·2026-2040 ·6 positions ·3 price scenarios

What's this portfolio worth, and where does the risk sit?

Expected value
$123m
90% of outcomes
$91m to $151m

6 positions across physical assets, financial hedges and retail load over 2026-2040, all settled against every price scenario at once. That gives you the expected value, the full range of outcomes, and a read on how much each position hedges the others.

These figures run on AEMO 2026 ISP Final, Varial's own price forecast, and the Prices tab shows every scenario and weather year behind them. What's illustrative here is the book, not the prices: your real positions, on your actual contracted terms, will land somewhere different. Have a look alongside whatever you're using today: talk to us or see pricing to value your actual positions.

Every scenario is a fundamentally correlated view of the market, where prices, weather and dispatch all move together. That's what makes the diversification benefit you're looking at real rather than assumed, because no position is modelled against its own separate set of prices. This demo keeps things deliberately simple, with every position sitting in NSW, and is valued against AEMO 2026 ISP Final (2026-2040). Have a dig around and see how each position shapes value and risk.

Everything is valued on a merchant basis, meaning wholesale market revenues and costs, except power purchase agreements (PPAs) and tolling deals, which settle at whatever price was contracted. Non-merchant items such as generator build cost (capex), retail tariffs and other fixed payments are left out.

Portfolio

The whole book at a glance: expected value, net earnings by position, and a risk and diversification view of the range across every price scenario.

Prices

The underlying price forecasts the valuation settles against, scenario by scenario, so you can see exactly what the book was valued on. Prices can be the free scenarios AEMO publishes with its Integrated System Plan (ISP), the paid VarialView scenarios, or your own custom spot forecasts; this book uses AEMO 2026 ISP Final.

Positions

Every position in the book: a summary of the whole set, plus a full per-position valuation for each one, so you can see exactly what was added and how it values. You can add more positions to a valuation at any time to test your own options.

Trading

Where you optimise the book. The engine builds an efficient frontier, the set of trades that gets you the most value for the risk you're willing to carry, weighing what's available in market so you can run the portfolio like an investment manager. Every suggestion sits inside the risk limits and appetite you set.