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Newbie Question: Dynamic Performance Monitoring?

Hi, I'm thinking about buying the 530 as my first biking computer and I'm wondering about the unit's "Dynamic Performance Monitoring", which is listed as  VO2 max, recovery time, and training load.  I know to calculate Vo2 max you need a power meter but what about the other two features?  The 530's page is vague on this. Do those other features also need separate devices?  How are they calculated?  Thanks.