Stephen Wood is senior product manager at Aspect Capital.
The ability to simulate the performance of a trading strategy back through time is one of the key benefits of systematic investing, yet it is a process loaded with potential hazards. Simulation makes a scientific approach to investment research possible, and enables the testing of strategies or hypotheses on a range of markets and market environments. However, while building a strategy that is profitable in simulation is deceptively easy
The week on Risk.net, June 16–22, 2017Receive this by email