4-asset optimization. Max-Sharpe: 2.862. Portfolio: return=60.72%, vol=19.82%. Weights: w_EWJ=0.0000, w_AVAX-USD=0.1609, w_VNQI=0.8391, w_DBC=0.0000.

Question:
Assets: EWJ, AVAX-USD, VNQI, DBC
Annualized mean returns: EWJ:0.1428, AVAX-USD:1.7038, VNQI:0.3969, DBC:-0.1448
Covariance matrix (annualized):
[[0.047487, 0.03992, 0.02367, 0.022779], [0.03992, 0.660498, 0.010624, 0.05516], [0.02367, 0.010624, 0.027409, 0.015851], [0.022779, 0.05516, 0.015851, 0.038782]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_EWJ=0.0000, w_AVAX-USD=0.1609, w_VNQI=0.8391, w_DBC=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_EWJ=0.0000, w_AVAX-USD=0.1609, w_VNQI=0.8391, w_DBC=0.0000
Portfolio annualized return: 60.72%, volatility: 19.82%
Sharpe ratio: (0.6072 - 0.0400) / 0.1982 = 2.8623


4-asset optimization. Max-Sharpe: 5.229. Portfolio: return=45.51%, vol=7.94%. Weights: w_IVV=0.9314, w_BNB-USD=0.0161, w_TLH=0.0525, w_SCHH=0.0000.

Question:
Assets: IVV, BNB-USD, TLH, SCHH
Annualized mean returns: IVV:0.4728, BNB-USD:0.6236, TLH:0.0891, SCHH:0.0392
Covariance matrix (annualized):
[[0.006895, 0.008365, 0.000248, 0.003784], [0.008365, 0.064798, 0.000487, 0.012486], [0.000248, 0.000487, 0.00964, 0.004651], [0.003784, 0.012486, 0.004651, 0.017201]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bull

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_IVV=0.9314, w_BNB-USD=0.0161, w_TLH=0.0525, w_SCHH=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_IVV=0.9314, w_BNB-USD=0.0161, w_TLH=0.0525, w_SCHH=0.0000
Portfolio annualized return: 45.51%, volatility: 7.94%
Sharpe ratio: (0.4551 - 0.0400) / 0.0794 = 5.2295


4-asset optimization. Max-Sharpe: 1.579. Portfolio: return=109.70%, vol=66.94%. Weights: w_XLE=0.0000, w_XRP-USD=1.0000, w_PALL=0.0000, w_VCIT=0.0000.

Question:
Assets: XLE, XRP-USD, PALL, VCIT
Annualized mean returns: XLE:0.1632, XRP-USD:1.0970, PALL:-0.0600, VCIT:0.0422
Covariance matrix (annualized):
[[0.097032, 0.096, 0.021623, 0.008739], [0.096, 0.448052, -0.004329, 0.012078], [0.021623, -0.004329, 0.05778, 0.003556], [0.008739, 0.012078, 0.003556, 0.004611]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLE=0.0000, w_XRP-USD=1.0000, w_PALL=0.0000, w_VCIT=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLE=0.0000, w_XRP-USD=1.0000, w_PALL=0.0000, w_VCIT=0.0000
Portfolio annualized return: 109.70%, volatility: 66.94%
Sharpe ratio: (1.0970 - 0.0400) / 0.6694 = 1.5791


4-asset optimization. Max-Sharpe: 3.874. Portfolio: return=86.71%, vol=21.35%. Weights: w_VEA=0.2428, w_BNB-USD=0.7572, w_VNQ=0.0000, w_GLD=0.0000.

Question:
Assets: VEA, BNB-USD, VNQ, GLD
Annualized mean returns: VEA:0.3027, BNB-USD:1.0481, VNQ:0.0232, GLD:-0.1644
Covariance matrix (annualized):
[[0.015433, 0.014171, 0.00933, -0.001163], [0.014171, 0.068842, 0.014548, 0.004512], [0.00933, 0.014548, 0.01928, 0.005331], [-0.001163, 0.004512, 0.005331, 0.019538]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bull

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_VEA=0.2428, w_BNB-USD=0.7572, w_VNQ=0.0000, w_GLD=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_VEA=0.2428, w_BNB-USD=0.7572, w_VNQ=0.0000, w_GLD=0.0000
Portfolio annualized return: 86.71%, volatility: 21.35%
Sharpe ratio: (0.8671 - 0.0400) / 0.2135 = 3.8738


4-asset optimization. Max-Sharpe: 3.741. Portfolio: return=6.15%, vol=0.57%. Weights: w_XLU=0.0041, w_DOT-USD=0.0000, w_ICSH=0.9830, w_SLV=0.0129.

Question:
Assets: XLU, DOT-USD, ICSH, SLV
Annualized mean returns: XLU:0.1338, DOT-USD:-0.0422, ICSH:0.0542, SLV:0.5950
Covariance matrix (annualized):
[[0.014164, 0.030457, 7.5e-05, 0.000948], [0.030457, 0.487441, -0.000116, 0.068095], [7.5e-05, -0.000116, 1.9e-05, 0.000196], [0.000948, 0.068095, 0.000196, 0.050882]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bull

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLU=0.0041, w_DOT-USD=0.0000, w_ICSH=0.9830, w_SLV=0.0129

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLU=0.0041, w_DOT-USD=0.0000, w_ICSH=0.9830, w_SLV=0.0129
Portfolio annualized return: 6.15%, volatility: 0.57%
Sharpe ratio: (0.0615 - 0.0400) / 0.0057 = 3.7414


4-asset optimization. Max-Sharpe: -1.181. Portfolio: return=-107.02%, vol=93.99%. Weights: w_XLRE=0.0000, w_LINK-USD=1.0000, w_JNK=0.0000, w_INDS=0.0000.

Question:
Assets: XLRE, LINK-USD, JNK, INDS
Annualized mean returns: XLRE:-0.2815, LINK-USD:-1.0702, JNK:-0.1673, INDS:-0.3406
Covariance matrix (annualized):
[[0.055437, 0.047834, 0.017118, 0.05768], [0.047834, 0.883463, 0.028265, 0.053198], [0.017118, 0.028265, 0.007267, 0.017843], [0.05768, 0.053198, 0.017843, 0.067638]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bear

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLRE=0.0000, w_LINK-USD=1.0000, w_JNK=0.0000, w_INDS=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLRE=0.0000, w_LINK-USD=1.0000, w_JNK=0.0000, w_INDS=0.0000
Portfolio annualized return: -107.02%, volatility: 93.99%
Sharpe ratio: (-1.0702 - 0.0400) / 0.9399 = -1.1812


4-asset optimization. Max-Sharpe: 0.550. Portfolio: return=7.51%, vol=6.38%. Weights: w_XLP=0.3378, w_LINK-USD=0.0000, w_SCHH=0.0000, w_IEF=0.6622.

Question:
Assets: XLP, LINK-USD, SCHH, IEF
Annualized mean returns: XLP:0.0916, LINK-USD:-0.2506, SCHH:0.0637, IEF:0.0667
Covariance matrix (annualized):
[[0.014017, -0.005432, 0.012982, 0.001876], [-0.005432, 0.554818, 0.001121, -0.01359], [0.012982, 0.001121, 0.019968, 0.003381], [0.001876, -0.01359, 0.003381, 0.003726]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLP=0.3378, w_LINK-USD=0.0000, w_SCHH=0.0000, w_IEF=0.6622

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLP=0.3378, w_LINK-USD=0.0000, w_SCHH=0.0000, w_IEF=0.6622
Portfolio annualized return: 7.51%, volatility: 6.38%
Sharpe ratio: (0.0751 - 0.0400) / 0.0638 = 0.5504


4-asset optimization. Max-Sharpe: 4.404. Portfolio: return=28.09%, vol=5.47%. Weights: w_IWM=0.0000, w_XRP-USD=0.0096, w_EMB=0.7001, w_PDBC=0.2904.

Question:
Assets: IWM, XRP-USD, EMB, PDBC
Annualized mean returns: IWM:-0.2115, XRP-USD:2.0573, EMB:0.2131, PDBC:0.3861
Covariance matrix (annualized):
[[0.02722, 0.035085, 0.00559, 0.001291], [0.035085, 0.589231, 0.016945, 0.02604], [0.00559, 0.016945, 0.003457, -0.001489], [0.001291, 0.02604, -0.001489, 0.017537]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_IWM=0.0000, w_XRP-USD=0.0096, w_EMB=0.7001, w_PDBC=0.2904

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_IWM=0.0000, w_XRP-USD=0.0096, w_EMB=0.7001, w_PDBC=0.2904
Portfolio annualized return: 28.09%, volatility: 5.47%
Sharpe ratio: (0.2809 - 0.0400) / 0.0547 = 4.4043


4-asset optimization. Max-Sharpe: 2.270. Portfolio: return=5.44%, vol=0.64%. Weights: w_VEA=0.0000, w_BTC-USD=0.0035, w_BNDX=0.0000, w_CSHI=0.9965.

Question:
Assets: VEA, BTC-USD, BNDX, CSHI
Annualized mean returns: VEA:-0.0081, BTC-USD:0.5896, BNDX:-0.0249, CSHI:0.0526
Covariance matrix (annualized):
[[0.01722, 0.023459, 0.002129, 0.000203], [0.023459, 0.18985, 0.006486, 0.000879], [0.002129, 0.006486, 0.001365, 3.8e-05], [0.000203, 0.000879, 3.8e-05, 3.2e-05]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_VEA=0.0000, w_BTC-USD=0.0035, w_BNDX=0.0000, w_CSHI=0.9965

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_VEA=0.0000, w_BTC-USD=0.0035, w_BNDX=0.0000, w_CSHI=0.9965
Portfolio annualized return: 5.44%, volatility: 0.64%
Sharpe ratio: (0.0544 - 0.0400) / 0.0064 = 2.2700


4-asset optimization. Max-Sharpe: 2.048. Portfolio: return=59.93%, vol=27.31%. Weights: w_XLB=0.0000, w_BNB-USD=0.3495, w_BNO=0.6505, w_IYR=0.0000.

Question:
Assets: XLB, BNB-USD, BNO, IYR
Annualized mean returns: XLB:-0.6603, BNB-USD:1.0659, BNO:0.3486, IYR:-0.2100
Covariance matrix (annualized):
[[0.019512, 0.020827, 0.005831, 0.013387], [0.020827, 0.336019, 0.02987, 0.008061], [0.005831, 0.02987, 0.047232, 0.004059], [0.013387, 0.008061, 0.004059, 0.030055]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLB=0.0000, w_BNB-USD=0.3495, w_BNO=0.6505, w_IYR=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLB=0.0000, w_BNB-USD=0.3495, w_BNO=0.6505, w_IYR=0.0000
Portfolio annualized return: 59.93%, volatility: 27.31%
Sharpe ratio: (0.5993 - 0.0400) / 0.2731 = 2.0475


4-asset optimization. Max-Sharpe: 4.957. Portfolio: return=13.58%, vol=1.93%. Weights: w_ACWI=0.1381, w_ADA-USD=0.0019, w_DBB=0.0489, w_CSHI=0.8111.

Question:
Assets: ACWI, ADA-USD, DBB, CSHI
Annualized mean returns: ACWI:0.4616, ADA-USD:1.0857, DBB:0.4074, CSHI:0.0617
Covariance matrix (annualized):
[[0.008851, 0.020028, 0.005653, 0.000131], [0.020028, 0.388684, 0.022854, -0.000687], [0.005653, 0.022854, 0.01528, -0.000171], [0.000131, -0.000687, -0.000171, 9.4e-05]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bull

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_ACWI=0.1381, w_ADA-USD=0.0019, w_DBB=0.0489, w_CSHI=0.8111

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_ACWI=0.1381, w_ADA-USD=0.0019, w_DBB=0.0489, w_CSHI=0.8111
Portfolio annualized return: 13.58%, volatility: 1.93%
Sharpe ratio: (0.1358 - 0.0400) / 0.0193 = 4.9567


4-asset optimization. Max-Sharpe: 1.943. Portfolio: return=5.19%, vol=0.61%. Weights: w_IVV=0.0000, w_ETH-USD=0.0000, w_MORT=0.0048, w_CSHI=0.9952.

Question:
Assets: IVV, ETH-USD, MORT, CSHI
Annualized mean returns: IVV:0.0276, ETH-USD:-0.5126, MORT:0.1982, CSHI:0.0512
Covariance matrix (annualized):
[[0.02174, 0.042104, 0.016611, 0.000465], [0.042104, 0.31153, 0.038575, 0.001709], [0.016611, 0.038575, 0.037764, 0.000321], [0.000465, 0.001709, 0.000321, 3.4e-05]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_IVV=0.0000, w_ETH-USD=0.0000, w_MORT=0.0048, w_CSHI=0.9952

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_IVV=0.0000, w_ETH-USD=0.0000, w_MORT=0.0048, w_CSHI=0.9952
Portfolio annualized return: 5.19%, volatility: 0.61%
Sharpe ratio: (0.0519 - 0.0400) / 0.0061 = 1.9428


4-asset optimization. Max-Sharpe: 2.959. Portfolio: return=61.64%, vol=19.48%. Weights: w_VTI=0.0000, w_LINK-USD=0.0000, w_SLV=1.0000, w_JNK=0.0000.

Question:
Assets: VTI, LINK-USD, SLV, JNK
Annualized mean returns: VTI:-0.3645, LINK-USD:-1.6033, SLV:0.6164, JNK:0.0300
Covariance matrix (annualized):
[[0.027705, 0.046945, 0.009339, 0.00508], [0.046945, 0.7784, 0.028183, 0.007859], [0.009339, 0.028183, 0.037951, -0.000318], [0.00508, 0.007859, -0.000318, 0.001662]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_VTI=0.0000, w_LINK-USD=0.0000, w_SLV=1.0000, w_JNK=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_VTI=0.0000, w_LINK-USD=0.0000, w_SLV=1.0000, w_JNK=0.0000
Portfolio annualized return: 61.64%, volatility: 19.48%
Sharpe ratio: (0.6164 - 0.0400) / 0.1948 = 2.9590


4-asset optimization. Max-Sharpe: 5.089. Portfolio: return=595.25%, vol=116.18%. Weights: w_XLY=0.0000, w_XRP-USD=0.9807, w_CORN=0.0193, w_IYR=0.0000.

Question:
Assets: XLY, XRP-USD, CORN, IYR
Annualized mean returns: XLY:0.2848, XRP-USD:6.0683, CORN:0.0664, IYR:-0.4293
Covariance matrix (annualized):
[[0.040901, 0.060364, 0.002066, 0.015953], [0.060364, 1.403263, 0.005799, 0.012216], [0.002066, 0.005799, 0.017905, 2.6e-05], [0.015953, 0.012216, 2.6e-05, 0.023978]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLY=0.0000, w_XRP-USD=0.9807, w_CORN=0.0193, w_IYR=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLY=0.0000, w_XRP-USD=0.9807, w_CORN=0.0193, w_IYR=0.0000
Portfolio annualized return: 595.25%, volatility: 116.18%
Sharpe ratio: (5.9525 - 0.0400) / 1.1618 = 5.0889


4-asset optimization. Max-Sharpe: 4.768. Portfolio: return=21.64%, vol=3.70%. Weights: w_XLRE=0.0000, w_ETH-USD=0.0421, w_TIP=0.7374, w_VNQI=0.2205.

Question:
Assets: XLRE, ETH-USD, TIP, VNQI
Annualized mean returns: XLRE:0.2785, ETH-USD:2.1675, TIP:0.0648, VNQI:0.3511
Covariance matrix (annualized):
[[0.013175, 0.013849, -4.3e-05, 0.006624], [0.013849, 0.328576, 0.000538, 0.010373], [-4.3e-05, 0.000538, 0.000219, 3.6e-05], [0.006624, 0.010373, 3.6e-05, 0.008844]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bull

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLRE=0.0000, w_ETH-USD=0.0421, w_TIP=0.7374, w_VNQI=0.2205

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLRE=0.0000, w_ETH-USD=0.0421, w_TIP=0.7374, w_VNQI=0.2205
Portfolio annualized return: 21.64%, volatility: 3.70%
Sharpe ratio: (0.2164 - 0.0400) / 0.0370 = 4.7681


4-asset optimization. Max-Sharpe: 5.723. Portfolio: return=11.29%, vol=1.27%. Weights: w_VTI=0.0502, w_BTC-USD=0.0253, w_BIL=0.9227, w_DBA=0.0018.

Question:
Assets: VTI, BTC-USD, BIL, DBA
Annualized mean returns: VTI:0.7537, BTC-USD:1.4545, BIL:0.0411, DBA:0.1865
Covariance matrix (annualized):
[[0.029241, 0.006051, -3.7e-05, 0.001549], [0.006051, 0.11213, -7e-06, 0.007988], [-3.7e-05, -7e-06, 5e-06, 2.2e-05], [0.001549, 0.007988, 2.2e-05, 0.01454]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_VTI=0.0502, w_BTC-USD=0.0253, w_BIL=0.9227, w_DBA=0.0018

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_VTI=0.0502, w_BTC-USD=0.0253, w_BIL=0.9227, w_DBA=0.0018
Portfolio annualized return: 11.29%, volatility: 1.27%
Sharpe ratio: (0.1129 - 0.0400) / 0.0127 = 5.7233


4-asset optimization. Max-Sharpe: 2.635. Portfolio: return=19.03%, vol=5.71%. Weights: w_FXI=0.2654, w_ETH-USD=0.0000, w_CORN=0.0813, w_CSHI=0.6533.

Question:
Assets: FXI, ETH-USD, CORN, CSHI
Annualized mean returns: FXI:0.5553, ETH-USD:0.7748, CORN:0.1402, CSHI:0.0483
Covariance matrix (annualized):
[[0.040208, 0.06576, 0.001995, 0.000502], [0.06576, 0.520567, -0.009391, 0.001738], [0.001995, -0.009391, 0.020064, 1.3e-05], [0.000502, 0.001738, 1.3e-05, 7e-05]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bull

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_FXI=0.2654, w_ETH-USD=0.0000, w_CORN=0.0813, w_CSHI=0.6533

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_FXI=0.2654, w_ETH-USD=0.0000, w_CORN=0.0813, w_CSHI=0.6533
Portfolio annualized return: 19.03%, volatility: 5.71%
Sharpe ratio: (0.1903 - 0.0400) / 0.0571 = 2.6345


4-asset optimization. Max-Sharpe: 3.045. Portfolio: return=8.62%, vol=1.52%. Weights: w_XLY=0.0000, w_AVAX-USD=0.0197, w_BIL=0.9803, w_ITB=0.0000.

Question:
Assets: XLY, AVAX-USD, BIL, ITB
Annualized mean returns: XLY:-0.4938, AVAX-USD:2.3626, BIL:0.0405, ITB:-0.4895
Covariance matrix (annualized):
[[0.104629, 0.124542, -4.8e-05, 0.073981], [0.124542, 0.617813, -0.000341, 0.081087], [-4.8e-05, -0.000341, 4e-06, -8.1e-05], [0.073981, 0.081087, -8.1e-05, 0.104023]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_XLY=0.0000, w_AVAX-USD=0.0197, w_BIL=0.9803, w_ITB=0.0000

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_XLY=0.0000, w_AVAX-USD=0.0197, w_BIL=0.9803, w_ITB=0.0000
Portfolio annualized return: 8.62%, volatility: 1.52%
Sharpe ratio: (0.0862 - 0.0400) / 0.0152 = 3.0446


4-asset optimization. Max-Sharpe: 2.192. Portfolio: return=27.25%, vol=10.61%. Weights: w_EWJ=0.4336, w_MATIC-USD=0.0000, w_VNQ=0.0000, w_TLT=0.5664.

Question:
Assets: EWJ, MATIC-USD, VNQ, TLT
Annualized mean returns: EWJ:0.2963, MATIC-USD:-3.1559, VNQ:0.0981, TLT:0.2543
Covariance matrix (annualized):
[[0.02642, 0.003579, 0.01328, 0.001665], [0.003579, 0.479153, 0.009592, -0.018519], [0.01328, 0.009592, 0.02653, 0.004471], [0.001665, -0.018519, 0.004471, 0.017026]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: sideways

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_EWJ=0.4336, w_MATIC-USD=0.0000, w_VNQ=0.0000, w_TLT=0.5664

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_EWJ=0.4336, w_MATIC-USD=0.0000, w_VNQ=0.0000, w_TLT=0.5664
Portfolio annualized return: 27.25%, volatility: 10.61%
Sharpe ratio: (0.2725 - 0.0400) / 0.1061 = 2.1925


4-asset optimization. Max-Sharpe: 2.977. Portfolio: return=5.89%, vol=0.64%. Weights: w_VTI=0.0527, w_LINK-USD=0.0000, w_BIL=0.9369, w_IGOV=0.0104.

Question:
Assets: VTI, LINK-USD, BIL, IGOV
Annualized mean returns: VTI:0.3645, LINK-USD:-1.2610, BIL:0.0411, IGOV:0.1124
Covariance matrix (annualized):
[[0.01332, 0.06643, -2.3e-05, 0.001226], [0.06643, 0.729349, -7.6e-05, 0.003818], [-2.3e-05, -7.6e-05, 4e-06, 2.3e-05], [0.001226, 0.003818, 2.3e-05, 0.006589]]
Risk-free rate: 4.00%
Constraints: weights sum to 1, all weights ≥ 0
Market regime: bull

Compute the portfolio weights that maximize the Sharpe Ratio for the above assets.

Answer: w_VTI=0.0527, w_LINK-USD=0.0000, w_BIL=0.9369, w_IGOV=0.0104

Explanation:
Solved max-Sharpe via SLSQP numerical optimization.
Optimal weights: w_VTI=0.0527, w_LINK-USD=0.0000, w_BIL=0.9369, w_IGOV=0.0104
Portfolio annualized return: 5.89%, volatility: 0.64%
Sharpe ratio: (0.0589 - 0.0400) / 0.0064 = 2.9771


Max weight deviation: 0.0171, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VTI: current=0.2541, target=0.2500
  ADA-USD: current=0.2423, target=0.2500
  SCHH: current=0.2671, target=0.2500
  CPER: current=0.2365, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0171.
Rebalancing threshold: 0.0500.
0.0171 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0424, transaction cost = 0.000042 (negligible vs. drift).


Max weight deviation: 0.0454, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VTI: current=0.2534, target=0.2500
  BTC-USD: current=0.2874, target=0.2500
  IAU: current=0.1850, target=0.2500
  IYR: current=0.2742, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of IAU

Explanation:
Maximum absolute deviation: 0.0454.
Rebalancing threshold: 0.0500.
0.0454 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0908, transaction cost = 0.000091 (negligible vs. drift).


Max weight deviation: 0.0299, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IVV: current=0.2728, target=0.2500
  XRP-USD: current=0.2523, target=0.2500
  HAUZ: current=0.2899, target=0.2500
  WEAT: current=0.1850, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of WEAT

Explanation:
Maximum absolute deviation: 0.0299.
Rebalancing threshold: 0.0500.
0.0299 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0598, transaction cost = 0.000060 (negligible vs. drift).


Max weight deviation: 0.0272, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.2261, target=0.2500
  MATIC-USD: current=0.2999, target=0.2500
  VNQ: current=0.1850, target=0.2500
  SOYB: current=0.2890, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of VNQ

Explanation:
Maximum absolute deviation: 0.0272.
Rebalancing threshold: 0.0500.
0.0272 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0744, transaction cost = 0.000074 (negligible vs. drift).


Max weight deviation: 0.0342, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ACWI: current=0.2708, target=0.2500
  LINK-USD: current=0.2158, target=0.2500
  BIL: current=0.2409, target=0.2500
  VNQ: current=0.2725, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0342.
Rebalancing threshold: 0.0500.
0.0342 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0867, transaction cost = 0.000087 (negligible vs. drift).


Max weight deviation: 0.0041, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  EEM: current=0.1853, target=0.2500
  LINK-USD: current=0.2440, target=0.2500
  DBB: current=0.2710, target=0.2500
  ICSH: current=0.2996, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0647 of EEM

Explanation:
Maximum absolute deviation: 0.0041.
Rebalancing threshold: 0.0500.
0.0041 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0090, transaction cost = 0.000009 (negligible vs. drift).


Max weight deviation: 0.0279, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLP: current=0.2221, target=0.2500
  XRP-USD: current=0.2410, target=0.2500
  HYG: current=0.2709, target=0.2500
  CPER: current=0.2660, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0279.
Rebalancing threshold: 0.0500.
0.0279 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0738, transaction cost = 0.000074 (negligible vs. drift).


Max weight deviation: 0.0210, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VLUE: current=0.2704, target=0.2500
  MATIC-USD: current=0.2887, target=0.2500
  SHV: current=0.1850, target=0.2500
  VNQI: current=0.2559, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of SHV

Explanation:
Maximum absolute deviation: 0.0210.
Rebalancing threshold: 0.0500.
0.0210 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0421, transaction cost = 0.000042 (negligible vs. drift).


Max weight deviation: 0.0138, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  QUAL: current=0.2550, target=0.2500
  MATIC-USD: current=0.2510, target=0.2500
  SCHP: current=0.2362, target=0.2500
  SGOV: current=0.2578, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0138.
Rebalancing threshold: 0.0500.
0.0138 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0277, transaction cost = 0.000028 (negligible vs. drift).


Max weight deviation: 0.0372, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  EEM: current=0.2331, target=0.2500
  BTC-USD: current=0.2411, target=0.2500
  DBA: current=0.2107, target=0.2500
  ICSH: current=0.3151, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0651 of ICSH

Explanation:
Maximum absolute deviation: 0.0372.
Rebalancing threshold: 0.0500.
0.0372 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0745, transaction cost = 0.000074 (negligible vs. drift).


Max weight deviation: 0.0101, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.2193, target=0.2500
  ETH-USD: current=0.3152, target=0.2500
  ICSH: current=0.2656, target=0.2500
  JNK: current=0.1999, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0652 of ETH-USD

Explanation:
Maximum absolute deviation: 0.0101.
Rebalancing threshold: 0.0500.
0.0101 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0251, transaction cost = 0.000025 (negligible vs. drift).


Max weight deviation: 0.0247, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VTI: current=0.2339, target=0.2500
  BNB-USD: current=0.2545, target=0.2500
  SOYB: current=0.2747, target=0.2500
  LQD: current=0.2370, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0247.
Rebalancing threshold: 0.0500.
0.0247 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0583, transaction cost = 0.000058 (negligible vs. drift).


Max weight deviation: 0.0283, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLF: current=0.2958, target=0.2500
  BNB-USD: current=0.1850, target=0.2500
  VNQ: current=0.2491, target=0.2500
  IGOV: current=0.2700, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of BNB-USD

Explanation:
Maximum absolute deviation: 0.0283.
Rebalancing threshold: 0.0500.
0.0283 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0573, transaction cost = 0.000057 (negligible vs. drift).


Max weight deviation: 0.0248, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLI: current=0.3043, target=0.2500
  BNB-USD: current=0.2372, target=0.2500
  BIL: current=0.2736, target=0.2500
  VNQ: current=0.1850, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of VNQ

Explanation:
Maximum absolute deviation: 0.0248.
Rebalancing threshold: 0.0500.
0.0248 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0594, transaction cost = 0.000059 (negligible vs. drift).


Max weight deviation: 0.0072, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLB: current=0.2825, target=0.2500
  BNB-USD: current=0.2789, target=0.2500
  CSHI: current=0.1850, target=0.2500
  BNO: current=0.2536, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of CSHI

Explanation:
Maximum absolute deviation: 0.0072.
Rebalancing threshold: 0.0500.
0.0072 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0144, transaction cost = 0.000014 (negligible vs. drift).


Max weight deviation: 0.0196, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  QUAL: current=0.1922, target=0.2500
  ETH-USD: current=0.3149, target=0.2500
  ICSH: current=0.2406, target=0.2500
  ITB: current=0.2522, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0649 of ETH-USD

Explanation:
Maximum absolute deviation: 0.0196.
Rebalancing threshold: 0.0500.
0.0196 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0405, transaction cost = 0.000040 (negligible vs. drift).


Max weight deviation: 0.0240, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  EFA: current=0.2713, target=0.2500
  BNB-USD: current=0.2427, target=0.2500
  IEF: current=0.2600, target=0.2500
  PDBC: current=0.2260, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0240.
Rebalancing threshold: 0.0500.
0.0240 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0626, transaction cost = 0.000063 (negligible vs. drift).


Max weight deviation: 0.0416, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLF: current=0.2638, target=0.2500
  ADA-USD: current=0.2411, target=0.2500
  BNO: current=0.2084, target=0.2500
  HAUZ: current=0.2866, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0416.
Rebalancing threshold: 0.0500.
0.0416 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.1009, transaction cost = 0.000101 (negligible vs. drift).


Max weight deviation: 0.0193, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ^VIX: current=0.1911, target=0.2500
  AVAX-USD: current=0.2167, target=0.2500
  IYR: current=0.2770, target=0.2500
  SCHP: current=0.3151, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0651 of SCHP

Explanation:
Maximum absolute deviation: 0.0193.
Rebalancing threshold: 0.0500.
0.0193 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0547, transaction cost = 0.000055 (negligible vs. drift).


Max weight deviation: 0.0133, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLU: current=0.2436, target=0.2500
  LINK-USD: current=0.2487, target=0.2500
  ITB: current=0.2633, target=0.2500
  IGOV: current=0.2444, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0133.
Rebalancing threshold: 0.0500.
0.0133 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0266, transaction cost = 0.000027 (negligible vs. drift).


Max weight deviation: 0.0162, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLY: current=0.2925, target=0.2500
  ADA-USD: current=0.2271, target=0.2500
  WEAT: current=0.2953, target=0.2500
  VCIT: current=0.1850, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of VCIT

Explanation:
Maximum absolute deviation: 0.0162.
Rebalancing threshold: 0.0500.
0.0162 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0438, transaction cost = 0.000044 (negligible vs. drift).


Max weight deviation: 0.0320, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  QUAL: current=0.2758, target=0.2500
  AVAX-USD: current=0.1850, target=0.2500
  CSHI: current=0.2776, target=0.2500
  INDS: current=0.2616, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of AVAX-USD

Explanation:
Maximum absolute deviation: 0.0320.
Rebalancing threshold: 0.0500.
0.0320 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0641, transaction cost = 0.000064 (negligible vs. drift).


Max weight deviation: 0.0510, threshold: 0.05. Decision: yes (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IWM: current=0.2432, target=0.2500
  ADA-USD: current=0.2515, target=0.2500
  BNDX: current=0.2253, target=0.2500
  ICSH: current=0.2800, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0510.
Rebalancing threshold: 0.0500.
0.0510 > 0.0500 → decision: 'yes'.
If rebalanced: total turnover = 0.1069, transaction cost = 0.000107 (negligible vs. drift).


Max weight deviation: 0.0175, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  USMV: current=0.2497, target=0.2500
  XRP-USD: current=0.2675, target=0.2500
  SGOV: current=0.2334, target=0.2500
  LQD: current=0.2494, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0175.
Rebalancing threshold: 0.0500.
0.0175 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0351, transaction cost = 0.000035 (negligible vs. drift).


Max weight deviation: 0.0367, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.2264, target=0.2500
  SOL-USD: current=0.2283, target=0.2500
  SHV: current=0.2585, target=0.2500
  BIL: current=0.2867, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0367.
Rebalancing threshold: 0.0500.
0.0367 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0905, transaction cost = 0.000091 (negligible vs. drift).


Max weight deviation: 0.0190, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.2079, target=0.2500
  DOT-USD: current=0.2349, target=0.2500
  VCIT: current=0.3150, target=0.2500
  VNQI: current=0.2421, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of VCIT

Explanation:
Maximum absolute deviation: 0.0190.
Rebalancing threshold: 0.0500.
0.0190 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0380, transaction cost = 0.000038 (negligible vs. drift).


Max weight deviation: 0.0377, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLY: current=0.2113, target=0.2500
  XRP-USD: current=0.2670, target=0.2500
  MORT: current=0.2067, target=0.2500
  SGOV: current=0.3149, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0649 of SGOV

Explanation:
Maximum absolute deviation: 0.0377.
Rebalancing threshold: 0.0500.
0.0377 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0952, transaction cost = 0.000095 (negligible vs. drift).


Max weight deviation: 0.0299, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  FXI: current=0.2649, target=0.2500
  DOT-USD: current=0.2518, target=0.2500
  DBA: current=0.2201, target=0.2500
  VNQ: current=0.2632, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0299.
Rebalancing threshold: 0.0500.
0.0299 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0598, transaction cost = 0.000060 (negligible vs. drift).


Max weight deviation: 0.0034, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.2533, target=0.2500
  DOT-USD: current=0.2510, target=0.2500
  BNO: current=0.2491, target=0.2500
  ICSH: current=0.2466, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0034.
Rebalancing threshold: 0.0500.
0.0034 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0085, transaction cost = 0.000009 (negligible vs. drift).


Max weight deviation: 0.0204, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLI: current=0.2507, target=0.2500
  AVAX-USD: current=0.2296, target=0.2500
  BNDX: current=0.2640, target=0.2500
  PDBC: current=0.2558, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0204.
Rebalancing threshold: 0.0500.
0.0204 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0408, transaction cost = 0.000041 (negligible vs. drift).


Max weight deviation: 0.0381, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IVV: current=0.2274, target=0.2500
  BNB-USD: current=0.3149, target=0.2500
  SGOV: current=0.2148, target=0.2500
  IYR: current=0.2428, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0649 of BNB-USD

Explanation:
Maximum absolute deviation: 0.0381.
Rebalancing threshold: 0.0500.
0.0381 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0762, transaction cost = 0.000076 (negligible vs. drift).


Max weight deviation: 0.0127, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VEA: current=0.2627, target=0.2500
  BTC-USD: current=0.2380, target=0.2500
  VNQI: current=0.2604, target=0.2500
  BIL: current=0.2389, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0127.
Rebalancing threshold: 0.0500.
0.0127 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0462, transaction cost = 0.000046 (negligible vs. drift).


Max weight deviation: 0.0172, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IVV: current=0.2374, target=0.2500
  SOL-USD: current=0.2408, target=0.2500
  VNQ: current=0.2672, target=0.2500
  ICSH: current=0.2546, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0172.
Rebalancing threshold: 0.0500.
0.0172 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0436, transaction cost = 0.000044 (negligible vs. drift).


Max weight deviation: 0.0180, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VLUE: current=0.2320, target=0.2500
  ETH-USD: current=0.2498, target=0.2500
  BIL: current=0.2673, target=0.2500
  IAU: current=0.2510, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0180.
Rebalancing threshold: 0.0500.
0.0180 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0366, transaction cost = 0.000037 (negligible vs. drift).


Max weight deviation: 0.0120, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  USMV: current=0.2496, target=0.2500
  ADA-USD: current=0.2411, target=0.2500
  ICSH: current=0.2472, target=0.2500
  DBA: current=0.2620, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0120.
Rebalancing threshold: 0.0500.
0.0120 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0241, transaction cost = 0.000024 (negligible vs. drift).


Max weight deviation: 0.0069, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  QUAL: current=0.2434, target=0.2500
  LINK-USD: current=0.2561, target=0.2500
  HYG: current=0.2569, target=0.2500
  XHB: current=0.2436, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0069.
Rebalancing threshold: 0.0500.
0.0069 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0261, transaction cost = 0.000026 (negligible vs. drift).


Max weight deviation: 0.0119, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  USMV: current=0.2562, target=0.2500
  SOL-USD: current=0.2381, target=0.2500
  HYG: current=0.2517, target=0.2500
  BNO: current=0.2540, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0119.
Rebalancing threshold: 0.0500.
0.0119 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0238, transaction cost = 0.000024 (negligible vs. drift).


Max weight deviation: 0.0420, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  USMV: current=0.3144, target=0.2500
  ETH-USD: current=0.2546, target=0.2500
  EMB: current=0.1850, target=0.2500
  SGOV: current=0.2460, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of EMB

Explanation:
Maximum absolute deviation: 0.0420.
Rebalancing threshold: 0.0500.
0.0420 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0892, transaction cost = 0.000089 (negligible vs. drift).


Max weight deviation: 0.0337, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ^VIX: current=0.2557, target=0.2500
  XRP-USD: current=0.2568, target=0.2500
  TLH: current=0.2163, target=0.2500
  GLD: current=0.2712, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0337.
Rebalancing threshold: 0.0500.
0.0337 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0674, transaction cost = 0.000067 (negligible vs. drift).


Max weight deviation: 0.0203, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ACWI: current=0.3090, target=0.2500
  ETH-USD: current=0.2488, target=0.2500
  WEAT: current=0.2571, target=0.2500
  CSHI: current=0.1851, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0649 of CSHI

Explanation:
Maximum absolute deviation: 0.0203.
Rebalancing threshold: 0.0500.
0.0203 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0413, transaction cost = 0.000041 (negligible vs. drift).


Max weight deviation: 0.0347, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  MTUM: current=0.3030, target=0.2500
  DOT-USD: current=0.2614, target=0.2500
  CORN: current=0.1850, target=0.2500
  SGOV: current=0.2506, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of CORN

Explanation:
Maximum absolute deviation: 0.0347.
Rebalancing threshold: 0.0500.
0.0347 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0695, transaction cost = 0.000069 (negligible vs. drift).


Max weight deviation: 0.0219, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IVV: current=0.2677, target=0.2500
  SOL-USD: current=0.2281, target=0.2500
  IAU: current=0.2537, target=0.2500
  HAUZ: current=0.2504, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0219.
Rebalancing threshold: 0.0500.
0.0219 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0438, transaction cost = 0.000044 (negligible vs. drift).


Max weight deviation: 0.0128, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  MTUM: current=0.2053, target=0.2500
  SOL-USD: current=0.2754, target=0.2500
  BIL: current=0.2043, target=0.2500
  REZ: current=0.3150, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of REZ

Explanation:
Maximum absolute deviation: 0.0128.
Rebalancing threshold: 0.0500.
0.0128 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0356, transaction cost = 0.000036 (negligible vs. drift).


Max weight deviation: 0.0238, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IVV: current=0.2552, target=0.2500
  BTC-USD: current=0.1935, target=0.2500
  GLD: current=0.3150, target=0.2500
  XHB: current=0.2363, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of GLD

Explanation:
Maximum absolute deviation: 0.0238.
Rebalancing threshold: 0.0500.
0.0238 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0515, transaction cost = 0.000052 (negligible vs. drift).


Max weight deviation: 0.0288, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ^VIX: current=0.2212, target=0.2500
  LINK-USD: current=0.2742, target=0.2500
  CSHI: current=0.2637, target=0.2500
  REZ: current=0.2409, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0288.
Rebalancing threshold: 0.0500.
0.0288 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0759, transaction cost = 0.000076 (negligible vs. drift).


Max weight deviation: 0.0133, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  EEM: current=0.2823, target=0.2500
  LINK-USD: current=0.1850, target=0.2500
  BIL: current=0.2402, target=0.2500
  SCHP: current=0.2925, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of LINK-USD

Explanation:
Maximum absolute deviation: 0.0133.
Rebalancing threshold: 0.0500.
0.0133 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0305, transaction cost = 0.000030 (negligible vs. drift).


Max weight deviation: 0.0090, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  QUAL: current=0.2632, target=0.2500
  DOT-USD: current=0.2632, target=0.2500
  ICSH: current=0.1851, target=0.2500
  SHY: current=0.2885, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0649 of ICSH

Explanation:
Maximum absolute deviation: 0.0090.
Rebalancing threshold: 0.0500.
0.0090 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0180, transaction cost = 0.000018 (negligible vs. drift).


Max weight deviation: 0.0241, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IVV: current=0.2371, target=0.2500
  ETH-USD: current=0.2717, target=0.2500
  TIP: current=0.2259, target=0.2500
  GLD: current=0.2653, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0241.
Rebalancing threshold: 0.0500.
0.0241 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0741, transaction cost = 0.000074 (negligible vs. drift).


Max weight deviation: 0.0539, threshold: 0.05. Decision: yes (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IWM: current=0.2961, target=0.2500
  BTC-USD: current=0.1961, target=0.2500
  ICSH: current=0.2508, target=0.2500
  MORT: current=0.2571, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0539 of BTC-USD

Explanation:
Maximum absolute deviation: 0.0539.
Rebalancing threshold: 0.0500.
0.0539 > 0.0500 → decision: 'yes'.
If rebalanced: total turnover = 0.1078, transaction cost = 0.000108 (negligible vs. drift).


Max weight deviation: 0.0242, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLF: current=0.1912, target=0.2500
  ETH-USD: current=0.2411, target=0.2500
  SOYB: current=0.2527, target=0.2500
  SGOV: current=0.3150, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of SGOV

Explanation:
Maximum absolute deviation: 0.0242.
Rebalancing threshold: 0.0500.
0.0242 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0504, transaction cost = 0.000050 (negligible vs. drift).


Max weight deviation: 0.0383, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLY: current=0.2383, target=0.2500
  LINK-USD: current=0.2370, target=0.2500
  EMB: current=0.2096, target=0.2500
  BNO: current=0.3151, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0651 of BNO

Explanation:
Maximum absolute deviation: 0.0383.
Rebalancing threshold: 0.0500.
0.0383 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0766, transaction cost = 0.000077 (negligible vs. drift).


Max weight deviation: 0.0242, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IWM: current=0.3150, target=0.2500
  BNB-USD: current=0.1885, target=0.2500
  SGOV: current=0.2156, target=0.2500
  PPLT: current=0.2809, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of IWM

Explanation:
Maximum absolute deviation: 0.0242.
Rebalancing threshold: 0.0500.
0.0242 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0714, transaction cost = 0.000071 (negligible vs. drift).


Max weight deviation: 0.0412, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLI: current=0.2716, target=0.2500
  XRP-USD: current=0.2532, target=0.2500
  VCIT: current=0.2088, target=0.2500
  IYR: current=0.2665, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0412.
Rebalancing threshold: 0.0500.
0.0412 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0824, transaction cost = 0.000082 (negligible vs. drift).


Max weight deviation: 0.0227, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IVV: current=0.2386, target=0.2500
  SOL-USD: current=0.3151, target=0.2500
  SHV: current=0.2601, target=0.2500
  ICSH: current=0.1862, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0651 of SOL-USD

Explanation:
Maximum absolute deviation: 0.0227.
Rebalancing threshold: 0.0500.
0.0227 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0525, transaction cost = 0.000052 (negligible vs. drift).


Max weight deviation: 0.0282, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLK: current=0.1961, target=0.2500
  BNB-USD: current=0.2385, target=0.2500
  IYR: current=0.2505, target=0.2500
  SGOV: current=0.3150, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of SGOV

Explanation:
Maximum absolute deviation: 0.0282.
Rebalancing threshold: 0.0500.
0.0282 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0567, transaction cost = 0.000057 (negligible vs. drift).


Max weight deviation: 0.0345, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLRE: current=0.2481, target=0.2500
  ADA-USD: current=0.2641, target=0.2500
  LQD: current=0.2155, target=0.2500
  BNO: current=0.2723, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0345.
Rebalancing threshold: 0.0500.
0.0345 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0728, transaction cost = 0.000073 (negligible vs. drift).


Max weight deviation: 0.0124, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.3150, target=0.2500
  DOT-USD: current=0.1944, target=0.2500
  PALL: current=0.2715, target=0.2500
  SHY: current=0.2191, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of SPY

Explanation:
Maximum absolute deviation: 0.0124.
Rebalancing threshold: 0.0500.
0.0124 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0331, transaction cost = 0.000033 (negligible vs. drift).


Max weight deviation: 0.0145, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ^VIX: current=0.2366, target=0.2500
  BTC-USD: current=0.2805, target=0.2500
  REZ: current=0.2980, target=0.2500
  IAU: current=0.1850, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of IAU

Explanation:
Maximum absolute deviation: 0.0145.
Rebalancing threshold: 0.0500.
0.0145 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0350, transaction cost = 0.000035 (negligible vs. drift).


Max weight deviation: 0.0256, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLE: current=0.2695, target=0.2500
  DOT-USD: current=0.2244, target=0.2500
  HYG: current=0.2673, target=0.2500
  BNO: current=0.2388, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0256.
Rebalancing threshold: 0.0500.
0.0256 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0736, transaction cost = 0.000074 (negligible vs. drift).


Max weight deviation: 0.0170, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  EEM: current=0.2894, target=0.2500
  ETH-USD: current=0.1850, target=0.2500
  UNG: current=0.2833, target=0.2500
  IEF: current=0.2424, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of ETH-USD

Explanation:
Maximum absolute deviation: 0.0170.
Rebalancing threshold: 0.0500.
0.0170 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0380, transaction cost = 0.000038 (negligible vs. drift).


Max weight deviation: 0.0350, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  FXI: current=0.2349, target=0.2500
  BTC-USD: current=0.2141, target=0.2500
  CSHI: current=0.3149, target=0.2500
  DBB: current=0.2360, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0649 of CSHI

Explanation:
Maximum absolute deviation: 0.0350.
Rebalancing threshold: 0.0500.
0.0350 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0701, transaction cost = 0.000070 (negligible vs. drift).


Max weight deviation: 0.0116, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  EEM: current=0.2411, target=0.2500
  BNB-USD: current=0.2420, target=0.2500
  HYG: current=0.2552, target=0.2500
  PALL: current=0.2616, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0116.
Rebalancing threshold: 0.0500.
0.0116 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0337, transaction cost = 0.000034 (negligible vs. drift).


Max weight deviation: 0.0131, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  EWJ: current=0.2277, target=0.2500
  AVAX-USD: current=0.3150, target=0.2500
  REZ: current=0.2029, target=0.2500
  ICSH: current=0.2545, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of AVAX-USD

Explanation:
Maximum absolute deviation: 0.0131.
Rebalancing threshold: 0.0500.
0.0131 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0280, transaction cost = 0.000028 (negligible vs. drift).


Max weight deviation: 0.0277, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VTI: current=0.2024, target=0.2500
  BTC-USD: current=0.3150, target=0.2500
  SGOV: current=0.2519, target=0.2500
  VNQI: current=0.2308, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of BTC-USD

Explanation:
Maximum absolute deviation: 0.0277.
Rebalancing threshold: 0.0500.
0.0277 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0571, transaction cost = 0.000057 (negligible vs. drift).


Max weight deviation: 0.0359, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.2337, target=0.2500
  LINK-USD: current=0.2259, target=0.2500
  GLD: current=0.2254, target=0.2500
  HYG: current=0.3150, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of HYG

Explanation:
Maximum absolute deviation: 0.0359.
Rebalancing threshold: 0.0500.
0.0359 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0718, transaction cost = 0.000072 (negligible vs. drift).


Max weight deviation: 0.0218, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.2718, target=0.2500
  BTC-USD: current=0.2587, target=0.2500
  STIP: current=0.2331, target=0.2500
  BIL: current=0.2364, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0218.
Rebalancing threshold: 0.0500.
0.0218 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0610, transaction cost = 0.000061 (negligible vs. drift).


Max weight deviation: 0.0113, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLV: current=0.2512, target=0.2500
  LINK-USD: current=0.2536, target=0.2500
  ICSH: current=0.2387, target=0.2500
  IYR: current=0.2565, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0113.
Rebalancing threshold: 0.0500.
0.0113 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0226, transaction cost = 0.000023 (negligible vs. drift).


Max weight deviation: 0.0303, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  MTUM: current=0.2753, target=0.2500
  XRP-USD: current=0.2895, target=0.2500
  SGOV: current=0.1850, target=0.2500
  TLH: current=0.2502, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of SGOV

Explanation:
Maximum absolute deviation: 0.0303.
Rebalancing threshold: 0.0500.
0.0303 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0606, transaction cost = 0.000061 (negligible vs. drift).


Max weight deviation: 0.0299, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VLUE: current=0.2513, target=0.2500
  LINK-USD: current=0.2587, target=0.2500
  CSHI: current=0.2201, target=0.2500
  IGOV: current=0.2700, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0299.
Rebalancing threshold: 0.0500.
0.0299 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0599, transaction cost = 0.000060 (negligible vs. drift).


Max weight deviation: 0.0223, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  VTI: current=0.2548, target=0.2500
  BTC-USD: current=0.2651, target=0.2500
  ITB: current=0.2525, target=0.2500
  CSHI: current=0.2277, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0223.
Rebalancing threshold: 0.0500.
0.0223 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0447, transaction cost = 0.000045 (negligible vs. drift).


Max weight deviation: 0.0155, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLB: current=0.2566, target=0.2500
  ETH-USD: current=0.2201, target=0.2500
  ITB: current=0.3149, target=0.2500
  BIL: current=0.2084, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0649 of ITB

Explanation:
Maximum absolute deviation: 0.0155.
Rebalancing threshold: 0.0500.
0.0155 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0341, transaction cost = 0.000034 (negligible vs. drift).


Max weight deviation: 0.0249, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLY: current=0.2749, target=0.2500
  AVAX-USD: current=0.2537, target=0.2500
  VNQ: current=0.2296, target=0.2500
  SGOV: current=0.2418, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0249.
Rebalancing threshold: 0.0500.
0.0249 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0572, transaction cost = 0.000057 (negligible vs. drift).


Max weight deviation: 0.0455, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLRE: current=0.2324, target=0.2500
  ETH-USD: current=0.2342, target=0.2500
  ICSH: current=0.2955, target=0.2500
  MORT: current=0.2380, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0455.
Rebalancing threshold: 0.0500.
0.0455 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0910, transaction cost = 0.000091 (negligible vs. drift).


Max weight deviation: 0.0447, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ACWI: current=0.2053, target=0.2500
  DOT-USD: current=0.2749, target=0.2500
  SCHH: current=0.2554, target=0.2500
  TIP: current=0.2644, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0447.
Rebalancing threshold: 0.0500.
0.0447 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0893, transaction cost = 0.000089 (negligible vs. drift).


Max weight deviation: 0.0295, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLB: current=0.2510, target=0.2500
  ETH-USD: current=0.2205, target=0.2500
  SGOV: current=0.2515, target=0.2500
  STIP: current=0.2770, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0295.
Rebalancing threshold: 0.0500.
0.0295 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0589, transaction cost = 0.000059 (negligible vs. drift).


Max weight deviation: 0.0417, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IWM: current=0.2587, target=0.2500
  SOL-USD: current=0.2134, target=0.2500
  INDS: current=0.3150, target=0.2500
  ICSH: current=0.2129, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of INDS

Explanation:
Maximum absolute deviation: 0.0417.
Rebalancing threshold: 0.0500.
0.0417 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0947, transaction cost = 0.000095 (negligible vs. drift).


Max weight deviation: 0.0126, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLP: current=0.2527, target=0.2500
  AVAX-USD: current=0.2389, target=0.2500
  SCHH: current=0.2626, target=0.2500
  IAU: current=0.2458, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0126.
Rebalancing threshold: 0.0500.
0.0126 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0306, transaction cost = 0.000031 (negligible vs. drift).


Max weight deviation: 0.0295, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  USMV: current=0.2381, target=0.2500
  SOL-USD: current=0.2710, target=0.2500
  ITB: current=0.2205, target=0.2500
  CORN: current=0.2704, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0295.
Rebalancing threshold: 0.0500.
0.0295 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0828, transaction cost = 0.000083 (negligible vs. drift).


Max weight deviation: 0.0217, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  FXI: current=0.2619, target=0.2500
  ADA-USD: current=0.1849, target=0.2500
  SHV: current=0.2796, target=0.2500
  SCHH: current=0.2736, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0651 of ADA-USD

Explanation:
Maximum absolute deviation: 0.0217.
Rebalancing threshold: 0.0500.
0.0217 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0434, transaction cost = 0.000043 (negligible vs. drift).


Max weight deviation: 0.0105, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLV: current=0.1850, target=0.2500
  LINK-USD: current=0.2822, target=0.2500
  DBB: current=0.2259, target=0.2500
  ICSH: current=0.3070, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of XLV

Explanation:
Maximum absolute deviation: 0.0105.
Rebalancing threshold: 0.0500.
0.0105 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0288, transaction cost = 0.000029 (negligible vs. drift).


Max weight deviation: 0.0145, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IWM: current=0.2355, target=0.2500
  DOT-USD: current=0.2640, target=0.2500
  XHB: current=0.2361, target=0.2500
  BIL: current=0.2644, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0145.
Rebalancing threshold: 0.0500.
0.0145 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0568, transaction cost = 0.000057 (negligible vs. drift).


Max weight deviation: 0.0375, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  IWM: current=0.2125, target=0.2500
  AVAX-USD: current=0.2572, target=0.2500
  JNK: current=0.2775, target=0.2500
  SGOV: current=0.2527, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0375.
Rebalancing threshold: 0.0500.
0.0375 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0750, transaction cost = 0.000075 (negligible vs. drift).


Max weight deviation: 0.0369, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLRE: current=0.2869, target=0.2500
  DOT-USD: current=0.2177, target=0.2500
  VNQI: current=0.2648, target=0.2500
  VCIT: current=0.2307, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0369.
Rebalancing threshold: 0.0500.
0.0369 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.1033, transaction cost = 0.000103 (negligible vs. drift).


Max weight deviation: 0.0323, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLF: current=0.1910, target=0.2500
  ETH-USD: current=0.2397, target=0.2500
  LQD: current=0.3150, target=0.2500
  CSHI: current=0.2542, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; sell 0.0650 of LQD

Explanation:
Maximum absolute deviation: 0.0323.
Rebalancing threshold: 0.0500.
0.0323 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0688, transaction cost = 0.000069 (negligible vs. drift).


Max weight deviation: 0.0264, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLK: current=0.2383, target=0.2500
  ETH-USD: current=0.2764, target=0.2500
  SHY: current=0.2284, target=0.2500
  SCHH: current=0.2569, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0264.
Rebalancing threshold: 0.0500.
0.0264 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0667, transaction cost = 0.000067 (negligible vs. drift).


Max weight deviation: 0.0119, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  USMV: current=0.2457, target=0.2500
  AVAX-USD: current=0.2619, target=0.2500
  INDS: current=0.2533, target=0.2500
  SGOV: current=0.2391, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0119.
Rebalancing threshold: 0.0500.
0.0119 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0305, transaction cost = 0.000031 (negligible vs. drift).


Max weight deviation: 0.0301, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLY: current=0.2709, target=0.2500
  LINK-USD: current=0.2635, target=0.2500
  IYR: current=0.2457, target=0.2500
  STIP: current=0.2199, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0301.
Rebalancing threshold: 0.0500.
0.0301 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0687, transaction cost = 0.000069 (negligible vs. drift).


Max weight deviation: 0.0170, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  SPY: current=0.1850, target=0.2500
  BNB-USD: current=0.2615, target=0.2500
  SHY: current=0.2496, target=0.2500
  CSHI: current=0.3039, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of SPY

Explanation:
Maximum absolute deviation: 0.0170.
Rebalancing threshold: 0.0500.
0.0170 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0343, transaction cost = 0.000034 (negligible vs. drift).


Max weight deviation: 0.0405, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  ACWI: current=0.2805, target=0.2500
  AVAX-USD: current=0.2648, target=0.2500
  BIL: current=0.2697, target=0.2500
  DBA: current=0.1850, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bull

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of DBA

Explanation:
Maximum absolute deviation: 0.0405.
Rebalancing threshold: 0.0500.
0.0405 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0811, transaction cost = 0.000081 (negligible vs. drift).


Max weight deviation: 0.0345, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  QQQ: current=0.2845, target=0.2500
  ETH-USD: current=0.2408, target=0.2500
  IYR: current=0.2398, target=0.2500
  ICSH: current=0.2348, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0345.
Rebalancing threshold: 0.0500.
0.0345 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0691, transaction cost = 0.000069 (negligible vs. drift).


Max weight deviation: 0.0284, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLU: current=0.2643, target=0.2500
  ADA-USD: current=0.2342, target=0.2500
  TLT: current=0.2231, target=0.2500
  WEAT: current=0.2784, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: sideways

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: no

Explanation:
Maximum absolute deviation: 0.0284.
Rebalancing threshold: 0.0500.
0.0284 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0854, transaction cost = 0.000085 (negligible vs. drift).


Max weight deviation: 0.0462, threshold: 0.05. Decision: no (rebalance).

Question:
Portfolio holdings (current vs. target weights):
  XLK: current=0.2684, target=0.2500
  LINK-USD: current=0.1850, target=0.2500
  REZ: current=0.2822, target=0.2500
  IEF: current=0.2644, target=0.2500

Rebalancing threshold: 5.00%
Transaction cost (round-trip): 0.10%
Market regime: bear

Part A: Should this portfolio be rebalanced? (yes or no)
Part B: If yes - identify the asset with the largest deviation from its target weight and specify the required trade as a fraction of portfolio (e.g., 'buy 0.0300 of ASSET' or 'sell 0.0500 of ASSET').

Answer: yes; buy 0.0650 of LINK-USD

Explanation:
Maximum absolute deviation: 0.0462.
Rebalancing threshold: 0.0500.
0.0462 <= 0.0500 → decision: 'no'.
If rebalanced: total turnover = 0.0923, transaction cost = 0.000092 (negligible vs. drift).