--- title: "Rank table and dynamic allocation | RupeeCase" description: "The Research Lab's dynamic allocation: rank groups of universes, the rank table that gives each rank its share, fixed sleeves and the 100 percent total." source_url: "https://www.rupeecase.com/learn/terminal/rank-table-dynamic-allocation" --- ## Watch: Rank table Research Lab, Dynamic allocation: rank groups, fixed sleeves, settings.Rank table: how does a dynamic allocation share out its money? 5 chapters, 1:11, with voice and music 1. [Chapter 1Where it is0:09](/instiv2/media/tut4/rank-table-dynamic-allocation-where-phone-dark-v4-va2.mp4) 2. [Chapter 2What it means0:31](/instiv2/media/tut4/rank-table-dynamic-allocation-meaning-phone-dark-v4-va2.mp4) 3. [Chapter 3Worked example0:06](/instiv2/media/tut4/rank-table-dynamic-allocation-example-phone-dark-v4-va2.mp4) 4. [Chapter 4How to read it0:15](/instiv2/media/tut4/rank-table-dynamic-allocation-reading-phone-dark-v4-va2.mp4) 5. [Chapter 5Watch out0:10](/instiv2/media/tut4/rank-table-dynamic-allocation-watch-phone-dark-v4-va2.mp4) Screens from the RupeeCase app on sample data. Strategy figures are model, back tested, as of the date on screen. Formula and example numbers are illustrative. Mark as watched 5In this screen ## Every button the video points at. A still from each chapter with its buttons and fields numbered. Pick a number to zoom in on it; hover the still for a close up; Esc shows the whole screen again. Sample data, no order is placed. **1**Where it is**2**What it means**4**How to read it ### Chapter 1: Where it is 1 Show the whole screen 1 Show the whole screen 1. 1**Rank groups**Research Lab, Dynamic allocation: rank groups, fixed sleeves, settings. Shown in the video, not on this still ### Chapter 2: What it means 1 Show the whole screen 12 Show the whole screen 1. 1**Eligible universes**A group ranks its universes by index momentum at every rebalance. Shown in the video, not on this still 2. 2**Rank 1: 40%**The rank table gives rank 1 its share of the whole portfolio. Shown in the video, not on this still 3. 3**Whatever the ranks say** Fixed sleeves keep their weight at every rebalance. Shown in the video, not on this still ### Chapter 4: How to read it 1 Show the whole screen 1 Show the whole screen 1. 1**100%**The total of rank shares and fixed weights must read 100%. Shown in the video, not on this still ## Where it is ScreenResearch Lab, Dynamic allocationAdvanced Research Lab, Dynamic allocation (from the Research Lab menu, or Research Lab on a dynamic strategy's page), for accounts with Research Lab access. Basic and Advanced. Index in this video: [Dynamic Asset Allocator](/strategies/dynamic-asset-allocator) (Research Lab). ## What it means A dynamic allocation holds sleeves, each one a universe such as an index or a single instrument. In a rank group the universes are ranked against each other at every rebalance by their index momentum score. The rank table gives each rank a share of the whole portfolio: rank 1 gets its share, rank 2 the next, and universes ranked below the last row get nothing that time. Fixed allocation sleeves keep their weight whatever the ranks say. The rank shares and fixed weights together must total 100 percent before a run. ## The formula Rank the universes in each group, hand out the shares by rank, add the fixed sleeves: the total must be 100 percent. As computed in the RupeeCase app`Each rebalance, per group: rank its universes by index momentum score The universe at rank N gets the Rank N share of the whole portfolio; below the last rank, 0 Fixed sleeve: its weight at every rebalance A run needs rank shares + fixed weights = 100% (within 1 point); no rank at 0%; no more ranks than universes` ## Worked example Example only * Group 1, equity or debt: rank 1 gets 40% * Group 2, equity or gold: rank 1 gets 25%; a fixed equity core 35% * 40 + 25 + 35 = 100%: the run can start ## How to read it * A group with two universes and one rank row holds only the stronger of the two. * The total line reads 100% when the shares add up; under or over, a run is refused. * History starts where every universe has momentum history; a notice says so. ## Watch out * A Lab run is a back test of a design, not a strategy you can invest in. * Ranks come from past momentum: the top rank can change at every rebalance. * This video shows the settings only; it does not run or save a backtest. ## Transcript Tap Sound on for voice and music. These are the captions of the video, chapter by chapter. 1. 0:00**Where it is.** Research Lab, Dynamic allocation: rank groups, fixed sleeves, settings. 2. 0:09**What it means.** A group ranks its universes by index momentum at every rebalance. 3. 0:40**Worked example.** Worked example, example only: Group 1, equity or debt: rank 1 gets 40%. Group 2, equity or gold: rank 1 gets 25%; a fixed equity core 35%. 40 + 25 + 35 = 100%: the run can start. 4. 0:46**How to read it.** The total of rank shares and fixed weights must read 100%. 5. 1:01**Watch out.** Watch out: A Lab run is a back test of a design, not a strategy you can invest in. Ranks come from past momentum: the top rank can change at every rebalance. This video shows the settings only; it does not run or save a backtest. ## Terms in this tutorial * [Rank table](/learn/glossary#rank-table)The list that says what share of the money each rank gets in a dynamic allocation: the top ranked universe gets Rank 1's share, the next Rank 2's, and so on. * [Dynamic allocation](/learn/glossary#dynamic-allocation)A strategy that moves money between its sleeves by a written rule instead of holding them at fixed shares. * [Research Lab](/learn/glossary#research-lab)A part of the app for testing ideas on past data, such as ranking indices against each other and moving money between them by a rule. * [momentum factor](/learn/glossary#momentum-factor)Tendency of stocks that have performed well recently to continue performing well in the near future. ## Learn it in depth * [Module 3.6: Combining Factors10 min read, free](/learn/path-3/module-3-6-combining-factors-multi-factor-construction) * [Module 2.5: Building Your First Systematic Strategy9 min read, free](/learn/path-2/module-2-5-building-your-first-strategy) * [Module 7.8: Macro Regime Investing, Tying It All Together10 min read, free](/learn/path-7/module-7-8-macro-regime-investing) * [Module 4.6: Asset Allocation for Your Goals and Risk Profile10 min read, free](/learn/path-4/module-4-6-asset-allocation-for-your-goals-and-risk-profile) TKeep watching ## Next tutorial. [1:18Next tutorial, Make it yours and AdvancedExit rank and strength filters: when does a sleeve sell?Exit rank, Max entry, Strength quality, Strength exit, Cash parking and Max stock price in the Research Lab, and the Rank column of the Holdings table.Watch next](/learn/terminal/exit-rank-and-strength-filters) ### Related tutorials * [0:56Read a strategy, BasicRebalance cadence: how often does the strategy trade?0:56 video, BasicWatched](/learn/terminal/rebalance-cadence) * [1:28Find and compare, BasicCompare strategies: how do I set up to four side by side?1:28 video, BasicWatched](/learn/terminal/compare-strategies) * [1:26Make it yours and Advanced, BasicCustomise: how do I set what each page shows?1:26 video, BasicWatched](/learn/terminal/customise) [All 67 terminal tutorials](/learn/terminal/) Try it in Practice ## See it on your own screen. Practice mode runs the whole terminal without real orders, so you can open any strategy and find every screen from this tutorial for yourself. [Sign up for RupeeCase](https://invest.rupeecase.com/signup)[Glossary](/learn/glossary) Explore next ## Keep learning the terminal. * [TutorialAdvanced risk figures: Sortino, Calmar, VaR, beta and more1:21 video, Advanced](/learn/terminal/advanced-risk-figures) * [TutorialNumbers: how do lakh, crore, Short and Full change a figure?1:00 video, Basic](/learn/terminal/numbers-lakh-crore) * [TutorialReturn distribution: what do skew and kurtosis say?1:04 video, Advanced](/learn/terminal/shape-of-weekly-returns) * [TutorialTreynor, Omega and weeks ahead: three more ways to read risk?0:59 video, Advanced](/learn/terminal/treynor-omega-weeks-ahead) Community ## Join my WhatsApp group. Scan the code, fillFill one short form, and join my WhatsApp group. Slides, sources, factsheets and the rebalance logs live there, and members join a daily Google Meet with me. [Sign up for RupeeCase](https://invest.rupeecase.com/signup) [Join the WhatsApp group](https://forms.gle/C6HMtM1Z2GfeocQV7) [One form, one group](https://forms.gle/C6HMtM1Z2GfeocQV7)Scan with your phone camera Education only, not investment advice. Screens are recordings of the RupeeCase app on sample data. Strategy figures are model, back tested and after estimated charges, as of the date on screen; they are not client returns and not a promise of future returns. Formula and worked example numbers are illustrative. RupeeCase is a technology platform operated by QC Alpha Technologies Pvt Ltd; it is not a mutual fund, a PMS, an AIF or a SEBI registered investment adviser. Trades execute through your own SEBI registered broker and the shares sit in your own demat. Investments in securities markets are subject to market risks.