---
title: "Market Rank"
method: POST
path: "/assets/indicators/market-rank"
tags: ["Assets / Indicators"]
---

# Market Rank

`POST /assets/indicators/market-rank`

Compute the market rank indicator associated to a universe of assets.

References
* [Silvia Figini, Mario Maggi, Pierpaolo Uberti, The market rank indicator to detect financial distress, Econometrics and Statistics, Volume 14, 2020, Pages 63-73](https://www.sciencedirect.com/science/article/abs/pii/S2452306218300017)

## Request body

- object
  - `assets` integer, required — The number of assets
  - `assetsCovarianceMatrix` array[], required — assetsCovarianceMatrix[i][j] is the covariance between the asset i and the asset j
    - number[]
  - `assetsCovarianceMatrixEigenvectors` object
    - `eigenvectorsRetained` integer — The number of eigenvectors to retain in the denominator of the market rank indicator, which must be lower than the number of assets; defaults to [1/3-th] the number of assets

## Response `200`

OK

- object
  - `assetsMarketRank` number, required — The market rank indicator of the universe of assets

---

[API](https://skmtc.net/portfoliooptimizer/apis/portfolio-optimizer.md) · [All operations](https://skmtc.net/portfoliooptimizer/apis/portfolio-optimizer/llms.txt) · [OpenAPI document](https://skmtc-service-staging.skmtc.workers.dev/v1/apis/portfoliooptimizer/portfolio-optimizer/versions/479fd4ac44aa/schema)