Welcome to Tikyr's Performance Backtests

This performance backtest uses AI (a genetic algorithm) to determine the precise combination of conditions under which a stock should be purchased, given Tikyr's valuation and safety scores.

In a single test, different rules are applied, and are then applied to historical data. Stocks are "purchased" and "sold" on a fixed interval of one month. As each test is run, its rulset and stock picking performance are noted, and used by the AI to decide on future test rulesets to try.

All of Tikyr's valuation and backtesting algorithms adhere to the following common-sense Value Investing principals, but this test in particular also validates the edges of their applicability (helping Tikyr remain a performance-driven and fact-based system).

• Buy high-quality, under- or fair-valued stocks
• Buy stocks that are trending below historical price-to-value ratios
• Dollar-cost-average into both the trading cash balance, and into individual stocks
• Reinvest dividends
• Purchase more of a stock, the cheaper it is compared to value
• Maintain a reserve by limiting monthly purchases to a percent of the outstanding cash balance
• Sell stocks only when they are extremely over-valued, or company quality drops below an acceptable threshold

To view specific rule settings for each test, open the "Rules" drop-down, and explore the legend to follow the performance of individual purchases.

This test suffers from two important biases viewers should be aware of:

• Companies may not currently be tracked which may have been in the past (e.g. bankrupt companies and those that have exited tracked indexes)
• Companies may not have been tracked in the past, but have been added recently; this may lead to startups contributing over-sized gains to results

These biases may be controlled for in future, however, presented issues are partially mitigated in the following ways:

• This test sells companies with poor financials, assumedly before bankruptcy, but not before they may result in a loss
• Test rulesets favor large companies, presumably after initial performance boons.

THIS TEST, AS WELL AS ALL TIKYR CONTENT, IS FOR INFORMATIONAL PURPOSES ONLY. DATA COMES WITHOUT WARRANTY OR GUARANTEE OF ACCURACY. PAST PERFORMANCE IS NOT AN INDICATOR OF FUTURE PERFORMANCE. INVESTING COMES WITH REAL, INHERENT RISK, AND MAY RESULT IN TOTAL LOSS OF CAPITAL. SEEK FINANCIAL ADVICE FROM LICENSED ADVISORS BEFORE MAKING ANY INVESTMENT DECISIONS.