Hello all
is it possible to combine 2 or more strategies with P123?
I would like to generate a strategy using 3 different models giving different weights to each strategy.
Is this possible?
Thanks
Each ranking system can me made into a separate node and combined into one ranking system. And each node can be weighted differently. This is a type of model averaging. I have done this before. Not a great benefit for me when I tried it but there was an improvement. Good idea!!! Worth a try for sure, I think.
We also have ‘Books’ which are a combination of strategies. Those strategies can be your own P123 strategies, P123 strategies, Designer models, ETFs of individual stocks. Here is some additional info: https://www.portfolio123.com/doc/side_help_item.jsp?id=24