Our backtesting methodology econvestor September 20, 2021

why our backtesting methodology is so important

To create, one must first question everything!!!

What is backtesting? Backtesting is the process of testing an investment strategy using data from the past to see how it would have performed.

  • An essential part of developing an investment strategy.
  • Shows if a strategy performs well in periods when it is supposed to, and vice versa
  • Produces insights on how the strategy might be improved
Helps to Prove if our Strategy is Effective

With the help of backtesting, we test multiple strategies.  Backtesting lets us collect a huge amount of information and data related to the strategy. The backtesting historical data lets us  witness the way we want our plan to perform.

Helps in Optimizingour Approach

Backtesting is necessary as it is the way to find a profitable strategy. Though there are several strategies, it is quite challenging to find a strategy that works and one which is compatible with our approach. It is necessary to find a good balance between risk and profitability. 

Helps in Generating Investing Ideas

Backtesting is the way to generate or discover excellent investing strategies and ideas. It is a good opportunity to identify which strategies will work and which will not. Backtesting is quite like a mirror to reality. 

What can we do for you

Our service features our top recommendations from the stock market. We believe that our recommendations could benefit you as they are immediate investible ideas irrespectively of whether you are an experienced investor or just a newbie!

Let us help you take control of your financial future! Try econvestor today!

  • Our performance will help you gain financial freedom.
  • Our recommendations are actionable from your own broker or trading platform
  • Our extensive research will help you buy the better stocks and become a better investor