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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You might want to review the User Guide > Preferences > Performance Visualizers > Performance.
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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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Eugene,
Now I see it. Thank you very much.
Gary
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Gary,
Glad to help you.
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