Hello Gary,
I do not understand of follow your reference to the ‘Vertical balance’ can you be more descriptive please?
But not withstanding your intention with the “Vertical balance”, I do glean that you understand the position of the CoG is not in the same plane as the axle but above it, and that it must be some way forward of the axle to generate a positive nose load.
The actual position of the CoG within the caravan is not a fixed point for eternity, but is determined by the way you load the caravan, so it will be different for each journey. But having loaded the caravan, the position of the CoG within the structure will remain the same until you change any part of the load. It follows that you can change the position of the CoG within the structure by loading the caravan differently, and this is what you do to trim for the correct nose load.
Because the nose load does vary if you change the height of the hitch, it is vitally important that you measure the nose load correctly. It must be measured with the caravans hitch at exactly the same height as when it is hitched to the car with all luggage and passengers.
Measuring at a different height will give incorrect results when hitched.
To compensate for raising the hitch, more mass needs to be moved forward of the axle to generate the necessary nose load, and this means the CoG will also move further forward. This is where I think you have misunderstood the mechanics of the situation.
Air flow is a different consideration. It is a highly complex subject, and whilst it may seem logical that the underside of a caravan is like a flat board, you cannot consider that in isolation to the effects of the air flow over the caravan, and the disturbed air from the towing vehicle, So it is cannot be a foregone conclusion that a nose up attitude will try to lift the caravan when towing.