Financial Education

Backtesting

Testing a strategy on historical data

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Technical

Backtesting

Testing a strategy on historical data

Definition

Backtesting involves applying a trading or investment strategy to historical market data to evaluate its performance. While useful for strategy development, it can suffer from overfitting, look-ahead bias, and survivorship bias. Proper backtesting requires out-of-sample testing and consideration of transaction costs.

Related Topics

#strategy testing #historical data #overfitting #validation

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Category: Technical

Technical analysis focuses on price patterns, chart analysis, and mathematical indicators to predict future price movements.

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