Robust backtesting can give useful insights on how a trading strategy might perform in the future. The use of tick data for backtesting covers many different strategies, whether they are high ...

We introduce a new framework for counterparty risk model backtesting based on Bayesian methods. This provides a conceptually sound approach for analyzing model performance that is also straightforward ...

Backtesting is a necessary evil, but how evil is it and how does necessity compel us to use it? These and related questions come into sharp relief after reading a recent article in Significance, a ...