def weightedSum(inputList):
    result = 0
    totalAllocation = sum([strategy['allocate'] for strategy in inputList])
    for strategy in inputList:
       weightOfStrategy = strategy['allocate'] / totalAllocation
       result += strategy['dailyReturn'] * weightOfStrategy
    return result

altCoinsLS = { 'dailyReturn' : 0.46, 'allocate' : 1.94 }
il_test = { 'dailyReturn' : 0.00, 'allocate' : 0.48 }
TF_TD = { 'dailyReturn' : 0.39, 'allocate' : 0.01}

strategies = [altCoinsLS, il_test, TF_TD]

print(weightedSum(strategies))