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How can we backtest the new SVXY/UVXY leverage?

Since SVXY is reducing leverage by 1/2 - can we basically take context.leverage and set it at .50?

Also UVXY leverage was reduced to 1.5 (I believe)

VXX will remain 1:1 - but it is very hard to short as most all brokerages have increased margin to 100% or more for this instrument.