{"id":5040,"date":"2021-12-02T12:19:03","date_gmt":"2021-12-02T11:19:03","guid":{"rendered":"https:\/\/research.leanval.investments\/stock-selection\/backtesting\/"},"modified":"2022-09-05T13:12:56","modified_gmt":"2022-09-05T12:12:56","slug":"backtesting","status":"publish","type":"page","link":"https:\/\/research.leanval.investments\/en\/stock-selection\/backtesting\/","title":{"rendered":"Backtesting"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"5040\" class=\"elementor elementor-5040 elementor-534\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8b7380c elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"8b7380c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column 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class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Weitere Menu<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64eed8d elementor-nav-menu--dropdown-none js-sidebarNav elementor-widget elementor-widget-global elementor-global-820 elementor-widget-nav-menu\" data-id=\"64eed8d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;fas fa-caret-down&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Men\u00fc\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-64eed8d\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6522\"><a href=\"https:\/\/research.leanval.investments\/en\/research\/\" class=\"elementor-item\"><b>Home<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6543\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/\" class=\"elementor-item\"><b>Equity Analysis<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8383\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/performance-overview\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Performance Overview<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8392\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/share-snapshot\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Equity Snapshot<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8393\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/share-filter\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Equity Filter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6549\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/stock-research\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Equity Research<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6550\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/\" class=\"elementor-item\"><b>Equity Strategies<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6553\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/quant-select-10\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Quant-Select-10<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8484\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/leanval-strategies\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LeanVal Strategies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8723\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/screener\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Screener<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8724\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/my-strategies\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0My Strategies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6566\"><a href=\"https:\/\/research.leanval.investments\/en\/market-analyses\/\" class=\"elementor-item\"><b>Market Analysis<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6567\"><a href=\"https:\/\/research.leanval.investments\/en\/market-analyses\/market-strategies\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Market Strategies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8772\"><a href=\"https:\/\/research.leanval.investments\/en\/market-analyses\/market-valuation\/\" class=\"elementor-item\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Market Valuation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6568\"><a href=\"https:\/\/research.leanval.investments\/en\/global-economics\/\" class=\"elementor-item\"><b>Global Economics<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-6530\"><a href=\"\/en\/global-economics\/#monthly_report\" class=\"elementor-item elementor-item-anchor\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Monthly Report<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-6569\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/\" class=\"elementor-item\"><b>Research Platform<\/b><\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6574\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/the-components\/\" class=\"elementor-sub-item\">The components<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6531\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/share-function-snapshot\/\" class=\"elementor-sub-item\">&#8211; Equity Snapshot<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6532\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/my-strategies-function\/\" class=\"elementor-sub-item\">&#8211; My Strategies<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6533\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/function-pattern-strategies\/\" class=\"elementor-sub-item\">&#8211; Model Strategies<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6534\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/function-screener\/\" class=\"elementor-sub-item\">&#8211; Screener<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6570\"><a href=\"https:\/\/research.leanval.investments\/en\/our-approach\/\" class=\"elementor-sub-item\">Our approach<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6571\"><a href=\"https:\/\/research.leanval.investments\/en\/our-approach\/global-economics\/\" class=\"elementor-sub-item\">&#8211; Global Economics<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6535\"><a href=\"https:\/\/research.leanval.investments\/en\/our-approach\/stock-valuation\/\" class=\"elementor-sub-item\">&#8211; Equity Valuation<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6536\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-selection\/\" class=\"elementor-sub-item\">&#8211; Equity Selection<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6588\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies-2\/\" class=\"elementor-sub-item\">&#8211; Equity Strategies<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6652\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/the-pricing-models\/\" class=\"elementor-sub-item\">The Pricing Models<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-64eed8d\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6522\"><a href=\"https:\/\/research.leanval.investments\/en\/research\/\" class=\"elementor-item\" tabindex=\"-1\"><b>Home<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6543\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/\" class=\"elementor-item\" tabindex=\"-1\"><b>Equity Analysis<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8383\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/performance-overview\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Performance Overview<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8392\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/share-snapshot\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Equity Snapshot<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8393\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/share-filter\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Equity Filter<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6549\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-analysis\/stock-research\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Equity Research<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6550\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/\" class=\"elementor-item\" tabindex=\"-1\"><b>Equity Strategies<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6553\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/quant-select-10\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Quant-Select-10<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8484\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/leanval-strategies\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0LeanVal Strategies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8723\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/screener\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Screener<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8724\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies\/my-strategies\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0My Strategies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6566\"><a href=\"https:\/\/research.leanval.investments\/en\/market-analyses\/\" class=\"elementor-item\" tabindex=\"-1\"><b>Market Analysis<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6567\"><a href=\"https:\/\/research.leanval.investments\/en\/market-analyses\/market-strategies\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Market Strategies<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-8772\"><a href=\"https:\/\/research.leanval.investments\/en\/market-analyses\/market-valuation\/\" class=\"elementor-item\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Market Valuation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6568\"><a href=\"https:\/\/research.leanval.investments\/en\/global-economics\/\" class=\"elementor-item\" tabindex=\"-1\"><b>Global Economics<\/b><\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-6530\"><a href=\"\/en\/global-economics\/#monthly_report\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Monthly Report<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children menu-item-6569\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/\" class=\"elementor-item\" tabindex=\"-1\"><b>Research Platform<\/b><\/a>\n<ul class=\"sub-menu elementor-nav-menu--dropdown\">\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6574\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/the-components\/\" class=\"elementor-sub-item\" tabindex=\"-1\">The components<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6531\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/share-function-snapshot\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; Equity Snapshot<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6532\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/my-strategies-function\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; My Strategies<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6533\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/function-pattern-strategies\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; Model Strategies<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6534\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/function-screener\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; Screener<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6570\"><a href=\"https:\/\/research.leanval.investments\/en\/our-approach\/\" class=\"elementor-sub-item\" tabindex=\"-1\">Our approach<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6571\"><a href=\"https:\/\/research.leanval.investments\/en\/our-approach\/global-economics\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; Global Economics<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6535\"><a href=\"https:\/\/research.leanval.investments\/en\/our-approach\/stock-valuation\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; Equity Valuation<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6536\"><a href=\"https:\/\/research.leanval.investments\/en\/stock-selection\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; Equity Selection<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6588\"><a href=\"https:\/\/research.leanval.investments\/en\/equity-strategies-2\/\" class=\"elementor-sub-item\" tabindex=\"-1\">&#8211; Equity Strategies<\/a><\/li>\n\t<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-6652\"><a href=\"https:\/\/research.leanval.investments\/en\/research-platform-2\/the-pricing-models\/\" class=\"elementor-sub-item\" tabindex=\"-1\">The Pricing Models<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc0179a elementor-widget elementor-widget-global elementor-global-823 elementor-widget-html\" data-id=\"cc0179a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<script>\n    jQuery(document).ready(function($){\n    \/\/   $(window).scroll(function(){\n    \/\/         var currentTop = $(this).scrollTop();\n    \/\/         var latest_id = \"\";\n    \/\/         $(\".elementor-menu-anchor\").each(function(){\n    \/\/             var section_pos = $(this).offset();\n    \/\/             if (currentTop > section_pos.top - 180){\n    \/\/                 latest_id = $(this).attr(\"id\");\n    \/\/             }\n    \/\/         });\n    \/\/         $(\".elementor-element-5c5833c 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elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4cdd895 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4cdd895\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-b03deae\" data-id=\"b03deae\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-97344ad elementor-widget elementor-widget-heading\" data-id=\"97344ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Equity selection: backtesting<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cbd927d elementor-widget elementor-widget-spacer\" data-id=\"cbd927d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-737e365 elementor-widget elementor-widget-text-editor\" data-id=\"737e365\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">The backtest function is unique. The performance development of your individual strategy is calculated within a few seconds. This saves you tedious manual calculations that usually take several hours or days. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ad0f982 elementor-widget elementor-widget-spacer\" data-id=\"ad0f982\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e478b6 elementor-widget elementor-widget-text-editor\" data-id=\"6e478b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The backtest is calculated for the past 5 to 6 years. You can see the result on the one hand in the table and further down in the graphics performance development or development per year. The table shows the individual years or the average performance since the start of the test.<\/p><p>All equities contained in the starting universe were split into six portfolios. The portfolios with equities should have the highest potential according to the chosen strategy are combined to form the two &#8220;high&#8221; portfolios. The stocks that have the lowest potential according to the chosen strategy are broken down into the two &#8220;low&#8221; portfolios.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a8c730 elementor-widget elementor-widget-image\" data-id=\"9a8c730\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/research.leanval.investments\/wp-content\/uploads\/elementor\/thumbs\/Backtesting-1-pmn8zd03tu9q99do8ckdtz7ro75py5el8go27m181m.png\" title=\"Backtesting\" alt=\"Backtesting\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c96621f elementor-widget elementor-widget-spacer\" data-id=\"c96621f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8369e23 elementor-widget elementor-widget-text-editor\" data-id=\"8369e23\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the two graphics you can see the performance history since the start of the back test on the left for the portfolio groups and on the right for the individual portfolios. The performance development of the individual years is shown in the bar graphs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7addba5 elementor-widget elementor-widget-image\" data-id=\"7addba5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/research.leanval.investments\/wp-content\/uploads\/elementor\/thumbs\/Backtesting_2-pmn8zd03tu9q99do8ckdtz7ro75py5el8go27m181w.png\" title=\"Backtesting 2\" alt=\"Backtesting 2\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-47664bc elementor-widget elementor-widget-spacer\" data-id=\"47664bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-76c997d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"76c997d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-5ea1b71\" data-id=\"5ea1b71\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af16d23 elementor-widget elementor-widget-spacer\" data-id=\"af16d23\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-687a223 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"687a223\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-487cfec\" data-id=\"487cfec\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62aa7e8 elementor-widget-divider--view-line_text elementor-widget-divider--element-align-center elementor-widget elementor-widget-divider\" data-id=\"62aa7e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t\t<span class=\"elementor-divider__text elementor-divider__element\">\n\t\t\t\tExample: backtesting a screening strategy\t\t\t\t<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6098da9 elementor-widget elementor-widget-spacer\" data-id=\"6098da9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d07907a elementor-widget elementor-widget-image\" data-id=\"d07907a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/research.leanval.investments\/wp-content\/uploads\/2020\/03\/LeanVal-Research-Screener-Result-Deciles.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"LeanVal Research Screener Result Deciles\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDM5OSwidXJsIjoiaHR0cHM6XC9cL3Jlc2VhcmNoLmxlYW52YWwuaW52ZXN0bWVudHNcL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjBcLzAzXC9MZWFuVmFsLVJlc2VhcmNoLVNjcmVlbmVyLVJlc3VsdC1EZWNpbGVzLnBuZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"569\" src=\"https:\/\/research.leanval.investments\/wp-content\/uploads\/2020\/03\/LeanVal-Research-Screener-Result-Deciles-1024x728.png\" class=\"attachment-large size-large wp-image-4399\" alt=\"\" srcset=\"https:\/\/research.leanval.investments\/wp-content\/uploads\/2020\/03\/LeanVal-Research-Screener-Result-Deciles-1024x728.png 1024w, https:\/\/research.leanval.investments\/wp-content\/uploads\/2020\/03\/LeanVal-Research-Screener-Result-Deciles-300x213.png 300w, https:\/\/research.leanval.investments\/wp-content\/uploads\/2020\/03\/LeanVal-Research-Screener-Result-Deciles-768x546.png 768w, https:\/\/research.leanval.investments\/wp-content\/uploads\/2020\/03\/LeanVal-Research-Screener-Result-Deciles-1536x1091.png 1536w, https:\/\/research.leanval.investments\/wp-content\/uploads\/2020\/03\/LeanVal-Research-Screener-Result-Deciles-2048x1455.png 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-630415a elementor-widget elementor-widget-spacer\" data-id=\"630415a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Weitere Menu Equity selection: backtesting The backtest function is unique. The performance development of your individual strategy is calculated within a few seconds. This saves you tedious manual calculations that usually take several hours or days. The backtest is calculated for the past 5 to 6 years. You can see the result on the one [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":5036,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-5040","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/pages\/5040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/comments?post=5040"}],"version-history":[{"count":4,"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/pages\/5040\/revisions"}],"predecessor-version":[{"id":7425,"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/pages\/5040\/revisions\/7425"}],"up":[{"embeddable":true,"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/pages\/5036"}],"wp:attachment":[{"href":"https:\/\/research.leanval.investments\/en\/wp-json\/wp\/v2\/media?parent=5040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}