Hi James, great question! In order to get a rough idea of various rebalance periods, I would start by using the backtest tool to allocate a portfolio you like and go through different rebalance periods. The tool can be found here: https://www.shrimpy.io/backtest.
To provide a more direct answer, I personally use a rebalance period of 1 day. This has performed well for me on average. If you get a chance to play with the backtest tool, you will see that somewhere around the 1 day mark is generally pretty good. It is definitely a user preference and I think it’s a good idea to experiment with different rebalance periods to see what works best for you.
Let me know if you have more questions or would like more explanation. We hope you enjoy the Shrimpy application!
Thanks,
The Shrimpy Team