Day of rebalance (e.g. Friday instead of monday)

Models
1

Day of rebalance (e.g. Friday instead of monday)

Is this possible?

Also Monday and Friday?

Thank you
Best Regardsa
Andreas

2

Yes indeed. Use WeekDay in your buy and sell rules. See https://www.portfolio123.com/doc/doc_detail.jsp?factor=WeekDay&popUpFullDesc=1

3

In a simulation, rebalance every day and use the sell rule:

WeekDay=2 or WeekDay=6

For a Monday/Friday rebalance. Note, though, that the ranks will not change between those two points; historical rankings are always done weekly on Mondays.

Unless you want to sell or reevaluate everything twice a week, you’ll want to preface your real rules with that timing rule:

(WeekDay=2 or WeekDay=6) and MktCap<2000
4 
WeekDay=2 or WeekDay=6

And if Monday is a holiday, there’s no re-balance until Friday. Right?