This applies different overlap and
freshmen screens, choosing the first overlap which actually
pick any stocks.
Run the tester over the specified range of years. Available data
runs from 2003 through 2017 for most screens. You may
start at any month of the year, but other than January can only run
Stocks are picked from the screens every holding period (between
1 and 120 months) and held for that period.
If you want to simulate actual trading, you can enter more parameters
in the trading simulator.
You may give your backtest a name for convenience. If you use
this backtest code in other testers, its name will be shown instead of
a full description.
Select a set of overlaps, including screens,
ranks, and a limit of stocks.
An overlap may also be marked F for the freshmen
rules to apply.
Marking S will skip the #1 resulting stock in any months where
more than one stock is picked in that particular overlap.
Each overlap is tried in order. If any stocks are picked for that
overlap, they will be the selections for the period. Otherwise, the next
overlaps are tried in succession until one is picked (or all are
If there are months without any stocks picked, an "effective CAGR"
will be reported, which is the return including only those months that