Nifty 500 VS Nifty 500 Multicap 50:25:25
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@Prashant-Shah Sir, could you please help me understand why the same strategy with identical parameters yields different results when backtested on the Nifty 500 versus the Nifty 500 Multicap 50:25:25 index?
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Nifty 500 is survivorship bias free. It considers past data as well.
Nifty Multi-cap considers current group for backtesting.Nifty 500 backtesting data should be considered. You can run live strategy on Nifty Multi-cap group as well.
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S Saju Raj-1706753148139 referenced this topic
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@Prashant-Shah thanks for the clarification.
Since all the different groups and indices are available for backtesting, Please could the team do 1 of the below options
- allow only the groups which are free of survivorship bias for backtesting
- share a list of all the groups which are free of survivorship bias
This will help members backtest on correct data, otherwise they will be misled by the results.
