The new feature ‘Force Positions Into Universe’ is now availalble for Live Portfolios and Portoflio Simulations.
You will find this option under “Universe & Ranking”. When set to YES the current positions will be inserted into the universe and ranked. This might be beneficial to lower turnover for systems that use a volatile universe (like based on technicals). When set to YES all the sells with “NO RANK” should disappear and current positions will only be sold due to the Sell rules (if the company goes inactive due to merger it will be sold with a nore “NO DATA”)
I don’t want to repeat what I have already said in another post so will just add that I have had some whip-saws in one of my ports as the stock fell out of the universe then had enough volume later to be in the universe again.
the workaround that I and a few others used up to now was to have the Universe at “All Fundamentals” and put all of the universe rules into the buy rules.
This of course influences the ranking results a little bit, but that was no problem.
Now we use “force current positions into the Universe”
Thank you very much.
By the way, any news on when European stocks are coming?
If a stock is forced in a universe it wouldn’t otherwise fit into any longer.
If “allow sold holdings to be re-bought at the current rebalance” is set to YES.
If the stock fits both buy rules and a sell rule. Is the stock going to be sold and rebought, or sold, dropped from the universe and not rebought?
From how I understand the first post Marco has written, I would say that current stocks are simply included in the universe for the most recent rebalancing when actually they would not be included otherwise (e.g. they were sold and would now not meet the universe/buy rules again). Therefore, there is a chance for the stock to be rebought in the most recent rebalancing.