Wealth-Lab Score - What are Good Scores
Author: pestocat2
Creation Date: 7/15/2018 12:26 AM
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pestocat2

#1
I'm looking at my Backtest Performance and at the bottom is Wealth-Lab Score. What are good numbers we should be looking for. For this specific backtest, I see Wealth-Lab Score = 336.04
Sharp Ratio: 3.57
Profit Factor: 6.01
I don't see anything in the user manual on these values.
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Eugene

#2
You might want to review the User Guide > Preferences > Performance Visualizers > Performance.
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LenMoz

#3
I don't mind sharing, and I've always wondered how others compare,

Strategies I use have scores ranging from 22.70 to 34.57 This on 10 to 12 year backtests focused on Russell 2000, non-ADR, tech stocks, about 130 symbols.

You can see the difficulty. Wealth-Lab scores are highly dependent on the parameters of the backtest, and we all have our own practices. For me, Wealth-Lab score is most useful to compare my own strategies which typically use similar backtest setup.

Also, see a discussion of Wealth-Lab Score, here... https://www.wealth-lab.com/Forum/Posts/What-is-Wealth-Lab-Score-33112
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pestocat2

#4
Eugene,
Now I see it. Thank you very much.
Gary
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Eugene

#5
Gary,

Glad to help you.
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