Multi-Ranking Rebalance?

Optuma General Discussion
1

I am trying to do a rebalance test essentially based on the average of two rankings (Ranking, as in order a universe of stocks by a criteria).
e.g Rank by crietria 1, rank by criteria 2. Add the two ranks and take the smallest. I can’t quite figure out the and/or logic with the rebalance tester.

Is this possible with the current toolset?

2

Hi Angus,

You can only rank by one criteria, so you would have to combine the two into one formula and use that as the ranking criteria.