Rebalancer

Turns valid target weights into a Portfolio rebalance result.

When to use

Use it after universe, scoring, weights, and applicable constraint checks are complete.

Example

Compare target weights with the current portfolio and handle Completed, No Change, Empty Universe, and Constraint Violation.

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Explore Rebalancer

Turns valid target weights into a Portfolio rebalance result.

Exercise steps

1. Compare Immediate, TWAP and VWAP execution settings.
2. Inspect the required Target Weights connection and the different outcomes.

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Interpret a proposed change

Connect target Weights, the current Portfolio, and any Constraints to the matching Rebalancer inputs. Suppose a two-asset portfolio is currently 70%/30% and the target is 50%/50%. The difference is 20 percentage points in each asset. With an illustrative portfolio value of 10,000 units, the nominal shift is 2,000 units from the overweight asset toward the underweight one, before prices, costs and execution rules. This arithmetic describes intent, not a guaranteed order or fill.

Review Rebalance tolerance, minimum trade size, turnover and execution style before interpreting the result. A small difference inside tolerance can yield No Change. An empty selected universe has its own outcome; a violated constraint is not a successful rebalance. Handle Completed, No Change, Empty Universe, and Constraint Violation separately and inspect the Result data rather than treating every continuation as execution success.

TWAP and VWAP appear in the execution-style list but are reserved and disabled for authoring. Use the supported Immediate style; the window and slicing fields tied to the reserved styles are not a runnable workflow.

Common problems

No Change can be a valid outcome. Do not treat a rebalance result as proof of future live execution.

Next steps

Review the generated Parameters, Outcomes, and Data Ports on this page, then open the related guides for the complete workflow.