--- title: "Rebalance cadence explained | RupeeCase" description: "Weekly, every N weeks or monthly: what the rebalance figure on a strategy means, what a rebalance does and where turnover is recorded." source_url: "https://www.rupeecase.com/learn/terminal/rebalance-cadence" --- ## Watch: Rebalance The card says how often the strategy rebalances.Rebalance cadence: how often does the strategy trade? 5 chapters, 0:56, with voice and music 1. [Chapter 1Where it is0:19](/instiv2/media/tut3/rebalance-cadence-where-phone-dark-v3-va2.mp4) 2. [Chapter 2What it means0:06](/instiv2/media/tut3/rebalance-cadence-meaning-phone-dark-v3-va2.mp4) 3. [Chapter 3Worked example0:06](/instiv2/media/tut3/rebalance-cadence-example-phone-dark-v3-va2.mp4) 4. [Chapter 4How to read it0:15](/instiv2/media/tut3/rebalance-cadence-reading-phone-dark-v3-va2.mp4) 5. [Chapter 5Watch out0:09](/instiv2/media/tut3/rebalance-cadence-watch-phone-dark-v3-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 3In 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**4**How to read it ### Chapter 1: Where it is 1 Show the whole screen 1 Show the whole screen 1. 1**How often it trades**The card says how often the strategy rebalances. Shown in the video, not on this still 2. 2**Rebalance** The key figures repeat it: here every 2 weeks. 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**Turnover**In Advanced, History records the turnover at every rebalance. Shown in the video, not on this still ## Where it is ScreenMarketplace and StrategyBasic On each Marketplace card and in the strategy key figures (Basic). The turnover record is in the History tab (Advanced). Index in this video: [Allcap](/strategies/allcap) (strategy page). ## What it means The rebalance figure says how often the strategy re-ranks its universe and resets its holdings: Weekly, Every N weeks or Monthly. At each rebalance it sells names that dropped out, buys names that came in and resets weights. Turnover per rebalance shows how much changed hands each time. ## The formula The cadence comes from the strategy settings. In this record, turnover is the share of names removed out of the names held before. As computed in the RupeeCase app`Rebalance: Weekly, Every N weeks or Monthly, set by the strategy Turnover in the published record = names removed / names held before` ## Worked example Example only * A 50 stock strategy rebalances every 2 weeks * At one rebalance 10 names leave and 10 come in * Turnover: 10 / 50 = 20% of the names ## How to read it * A shorter cadence means more rebalances and usually more charges. * Turnover near 0% means few changes; near 100% means most names changed. * A due rebalance on your portfolio shows on the Dashboard. ## Watch out * Each rebalance has costs; the model figures are after estimated charges. * Turnover here counts names, at equal weights; money weights can differ. ## Transcript Tap Sound on for voice and music. These are the captions of the video, chapter by chapter. 1. 0:00**Where it is.** The card says how often the strategy rebalances. 2. 0:19**What it means.** The cadence comes from the strategy settings. In this record, turnover is the share of names removed out of the names held before. 3. 0:25**Worked example.** Worked example, example only: A 50 stock strategy rebalances every 2 weeks. At one rebalance 10 names leave and 10 come in. Turnover: 10 / 50 = 20% of the names. 4. 0:31**How to read it.** In Advanced, History records the turnover at every rebalance. 5. 0:46**Watch out.** Watch out: Each rebalance has costs; the model figures are after estimated charges. Turnover here counts names, at equal weights; money weights can differ. ## Terms in this tutorial * [rebalancing](/learn/glossary#rebalancing)Periodic reset of portfolio holdings back to target weights or a new selection. * [turnover](/learn/glossary#turnover)Percentage of portfolio that changes in a rebalance. * [transaction cost](/learn/glossary#transaction-cost)All costs of trading including brokerage, STT, exchange charges, GST, and slippage. ## Learn it in depth * [Module 4.3: Rebalancing Strategies9 min read, free](/learn/path-4/module-4-3-rebalancing-strategies) * [Module 10.5: Portfolio Monitoring & Rebalancing in Practice9 min read, free](/learn/path-10/module-10-5-portfolio-monitoring-and-rebalancing-in-practice) * [Module 3.1: The Momentum Factor11 min read, free](/learn/path-3/module-3-1-momentum-factor-deep-dive) TKeep watching ## Next tutorial. [1:08Next tutorial, Read a strategyRs 10,00,000 became: what do the hero figure and periods show?The large hero figure is the model's net return over the chosen period. The period chips drive every figure on the page and are remembered across strategies.Watch next](/learn/terminal/hero-figure-and-periods) ### Related tutorials * [0:47Read a strategy, BasicNet return and charges: what do estimated costs take?0:47 video, BasicWatched](/learn/terminal/net-return-and-charges) * [1:34Read a strategy, BasicHoldings, Returns, Risk, History: what is in each tab?1:34 video, BasicWatched](/learn/terminal/strategy-tabs) * [0:51Read a strategy, BasicMinimum investment: why does each strategy have one?0:51 video, BasicWatched](/learn/terminal/minimum-investment) [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. * [TutorialGrowth per year: how fast did the model grow?1:06 video, Basic](/learn/terminal/growth-per-year) * [TutorialMax drawdown: how bad did it get?0:56 video, Basic](/learn/terminal/max-drawdown) * [TutorialThe riskometer: what sets Low to Very High?0:45 video, Basic](/learn/terminal/riskometer) * [TutorialThe benchmark line: what is the strategy compared with?0:57 video, Basic](/learn/terminal/benchmark-line) * [TutorialAlpha: which of the two alphas is this?1:08 video, Advanced](/learn/terminal/which-alpha) * [TutorialSharpe and volatility: how bumpy was the ride?0:54 video, Advanced](/learn/terminal/sharpe-and-volatility) 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.