That’s a great suggestion. Will try!
Also a good idea. Seems like a lot of work to implement though as rebalancing to 1x will incur additional transactions not captured by the sim.
And actually, I personally do not mind if the leverage gets off-target at times. I see this as a just a bottom-up way of market timing. I.e., being more or less aggressive on a portfolio level should correspond the quantity/magnitude of potential deals on the market.
Thx!