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Systematic trading and backtesting

Why most backtests are overfit, and the statistical tools for telling a real edge from noise.

CitationPaperAccessDifficultyScore
Gu et al. (2020)Empirical Asset Pricing via Machine Learning
Review of Financial Studies
FreeTechnical0
Bailey et al. (2017)The Probability of Backtest Overfitting
Journal of Computational Finance
FreeTechnical0
Hansen (2005)A Test for Superior Predictive Ability
Journal of Business and Economic Statistics
PaywalledTechnical0
White (2000)A Reality Check for Data Snooping
Econometrica
PaywalledTechnical0