The legs

Every Position goes long one market factor and short a different one. Ten factors, ninety pairs, all equally likely.

The score

The long leg's weight is somewhere from 40.0% to 60.0%. Leverage multiplies how far that sits from an even split:

score = 50 + (long% − 50) × leverage

50 is perfectly flat. Hit 0 or 100 and the Position is stamped LIQUIDATED.

Leverage

Leverage	Odds

Tiers

Tier	Score
Perfectly Neutral	48–52
Slightly Skewed	35–47 · 53–65
Directional Drift	20–34 · 66–80
Rogue Position	<20 · >80