Error in Hierarchical Risk Parity Portfolio

i followed code provided on MATLAB help section under finance/create hierarchical risk parity portfolio and I get this error 'Unrecognized function or variable 'getLeafNodesInGroup'. PLease advise on what can solve this

Answer 1

[Dhruv]

Hi Sizwe,

In the Hierarchical Risk Parity Portfolio example, the function 'getLeafNodesInGroup' is a local function and not an in-built function. Upon opening the example in MATLAB R2024a, using the command:

openExample('finance/HierarchicalRiskParityPortfolioExample')

the section titled 'Local Functions' contains the function definition of 'getLeafNodesInGroup'.

Hope this helps!

[Zhibin Huo]

Hi, the local function itself also contains "getLeafNodesInGroup", so I have no idea how he solve this. May I please ask some advices?

[Sizwe]

The issue here is that 'getLeafNodes InGroup' may not nbe properly defined. Despite using the entire code one and the same error. So the local fuction does not lead to the sorting of assets for quasi-diagonalization.

Please assist on this