Financial Glossary
Rebalances
Times the strategy changed portfolio weights. More rebalances = more trades.
Explanation
Number of portfolio adjustments in the period. LearnAImarkets redoes the selection once a month; in between only the VIX Shield cash changes.
Technical detail
Every rebalance costs money. The backtest publishes two curves: gross and net of broker costs (IBKR version), so the drag from trading is visible.
See also
Educational content. Not investment advice. Past results do not guarantee future returns.