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I edited the page to make it clear that this is jargon from the financial industry and to remove climatology, since I do not believe the term is used by climatologists. More work needs to be done to integrate it into statistical modeling pages and there is a need for references. I do think that
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appears to me as terminology variants of backtesting, merely applied to different fields. As backtesting is the dominant terminology in statistics and more applied sciences, I would suggest to merge those articles into the backtesting
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Not sure what the paragraph about Dake Chen has to do with defining the term. It's almost like an "In popular culture" section for a statistical method. I'm new and don't know the protocol for inclusion.
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Facebook researchers describes what seems to be another kind of backtesting : after doing an experiment, a small number of
Facebook users are assigned to the winning and original conditions.
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Just added a citation because backtesting is a popular but flawed aspect of technical analysis and it is important to mention this.--
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The quality of this page is miserable. I recommend that it be subsumed in "Cross-validation", a serious statistical methodology.
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In my opinion backtesting is a serious statistical methodology. I think the subject is most worthy of a page.
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Knowledge. If you would like to participate, please visit the project page, where you can join
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Agree w/ Sirrom8. Improved the definition to better explain backtesting and its applications.
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most of the warnings (not relating to references) can be removed at this point.
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http://www.sheridanprinting.com/14-www-comp2ch4rv3-19/proceedings/p283.pdf
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