Just wanted confirmation that I got my IS right.
explicit costs = self explanatory
P/L = (shares exec/shares ordered)*((exec price - decision price)/decision price)
delay = (shares exec/shares ordered)*((prev day close price - decision price)/decision price)
missed trade = (shares exec/shares ordered)*((final close - decision price)/decision price)
Total IS = (paper gain - actual gain) / paper investment
anything off here?