Validate breadth ceiling
validate_breadthCalculate the book Sharpe ceiling from sleeve Sharpe and average pairwise correlation, the Sharpe at a sleeve count, and the sleeves a target requires for portfolio construction.
Instructions
Book Sharpe ceiling from adding sleeves of this quality and correlation, the Sharpe at a sleeve count, and the sleeves a target needs. For portfolio construction; it validates no single strategy. This verdict is about the series exactly as submitted. The service never saw the data source, its costs, survivorship, or any lookahead in how the series was built.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| target | No | Target book Sharpe, for the sleeves it needs. | |
| sleeves | No | Sleeve count, for that book's Sharpe. | |
| sleeve_sharpe | Yes | Annualized Sharpe of one sleeve. | |
| average_pairwise_correlation | Yes | Average correlation between sleeves, -1 to 1. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| data | No | ||
| note | No | ||
| error | No | ||
| limits | No | ||
| receipt | No | ||
| computed | No |