Advanced analytics to distinguish skill from luck
The scoring provides evidence of the expected performance. The appropriate methodology for the score is selected depending on the user's secrecy preference, with more data allowing for more accurate scoring.
The methodology may take into account: trades made, metadata of the trades, past and current market data, metadata of the underlying asset at different points in time, past and current data and metadata of selected benchmarks.
To show the difference to backtesting (via in-sample delta results), outliers in the correlation are searched for and analyzed. These delta results testify to the effectiveness of the new indicators and provide information on the optimal use of the strategy.