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Target Type (Security Level Models)

Target type allows you to choose how security targets within the model are calculated. While the majority of models will be static, dynamic targets can be useful in some circumstances.

There are two options available: 

• Static.Static models have targets that remain consistent, regardless of the performance of the securities within that model. While you have the option to adjust target allocations within your models in the future, a static model's Target % will stay the same.

• Dynamic.Dynamic models—sometimes called share-based models—use dynamic targets that are tied to the share price. You may want to choose this option if you have a momentum investing strategy and you want the allocations of the securities in the model to track with performance.

  Dynamic models are usually used with individual stock models without legacy securities or restricted securities.

For more information on creating Security Level models, see Create, Edit, and Delete Security Level Models.

For more information on target types in Security Level models, see Static and Dynamic Logic in Models.