Learn Portfolio construction
Separate target allocations from achieved holdings and inspect rebalancing, concentration, trading and costs.
What you will learn
Target weights are plans; holdings reflect fills and subsequent price changes. Align account value, cash and quantity conventions before interpreting concentration or turnover.
Follow the sequence below from definitions to input checks and public lessons. Distinguish numerical illustrations from actual run results.
Allocation foundations
Combination and trading
Multifactor research: check scale and overlap before combining scoresCombine fictional normalized scores while preserving direction, timing and validation rules.What is turnover? Distinguish one-sided and two-sided measuresCalculate turnover from fictional trades and check numerator, denominator and aggregation.What are transaction costs? Why fees change backtest resultsUnderstand fees, spreads, slippage and turnover, and learn how to interpret results after costs.
Read results and assumptions
Read Backtest Results: Separate Returns, Risk and TradingRead reports in order: input identity, equity, drawdowns, fees, orders and position cycles, with explicit metric conventions.What is maximum drawdown? Measuring the fall from a portfolio peakLearn how maximum drawdown is calculated and how to read an underwater chart using a short portfolio-value example.Reproduce a Study: Preserve Data, Settings and Run EvidenceBuild a reviewable evidence package linking input identity, recipes, software and receipts.
Explore connected topics
Applies to: main source candidate (unpublished) · Public source docs/en_US/GUI_RESEARCH_COURSES.md
Reviewed · KabuForge