When a stock sells due to “no rank”, what does that mean exactly?
It had a rank when bought.
There is a sell rule: Rank < 60
It likely means that the stock is no longer in the universe either due to delisting or perhaps you have a custom universe rule that is kicking the stock out… It would be sold at the last known price if it was delisted. This will lead to suspect performance if you have too many delisted stocks.
No, that is not it. I did some more testing and the stock has a ranking of zero, which apparently also means “no rank”.
How does a position go from a high rank to zero?
Does the ranking system have something similar to the “totals” button on a screens rule page that would allow you to see the effect of various elements on it? I guess in this case it would not matter since every ranking element would be zero too.
All of the factors would have to be N/A and you would have to have enough factors to push the lowest rank to zero. Seems weird to me.
This means that the stock no longer met the requirements of your universe at the time it was sold. To prevent this from happening, rerun the simulation with the little circle by “Force Positions into Universe” in the Universe & Ranking tab set to “Yes.”