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STRATEGY / DIVERSIFICATION
MicroWeight
Full Description

We defined the following MarketCap groups:

MicroCap - from 0-250M
SmallCap - from 250-1000M
MidCap - from 1B-5B
LargeCap - greater than 5B

The following functions that can be used in Buy/Sell rules in the sims/portfolios to control MarketCap concentrations:

MicroWeight - returns the % allocation in the MicroCap group
SmallWeight - returns the % allocation in the SmallCap group
MidWeight - returns the % allocation in the MidCap group
LargeWeight - returns the % allocation in the LargeCap group
NOTE: For the above functions if the stock being analyzed is not
in the same MktCap group a 0 is returned
CapWeight - returns the % allocation in the market cap group of the stock being analyzed

Examples:
Here are some examples of Buy rules to limit MktCap concentrations:

CapWeight <= 25

This will limit the concentration of any MarketCap group to 25%

MicroWeight < 15

This will limit the concentration of MicroCap stocks to less than 15% of the portfolio. If a stock being analyzed is not a MicroCap, then the function returns 0, thereby allowing it to be bought