Using a model based on the rolling 3 year ranking for Nifty 200 PE and 10 year G-Sec rate, here is an asset allocation indicator for, what is possibly, a good course of action at the current levels of the market.
Note: This is only for information and education purposes and should not be considered as investment advice.
To read about how the model was derived, read this post and this post.
"All models are wrong. Some are lethal." - Nassim Taleb
If you want to apply this model and backtest it over the years, you are welcome to do it here.
