Historical Testing Metrics
Metrics are diagnostic
Metrics summarize past-data behavior under assumptions. They do not approve a strategy.
Common metrics
| Metric | Review focus |
|---|---|
| Net result | After modeled costs and slippage. |
| Drawdown | Depth and duration of losses. |
| Turnover | Trade count and cost sensitivity. |
| Win/loss | Distribution, not just win rate. |
| Exposure | Time in market and segment concentration. |
Review together
No single metric should be read alone. Review assumptions, data quality, risk, and charts together.