Time Analysis

Time analysis is one of the only graphs that is not impacted by the date range. Time analysis shows the average performance of each quantile or decile (select the slice dropdown to switch between the two), on average, over the entire life of the backtest versus a specific time period. The X-Axis references the time period (in trading days) and the Y-axis references the average observed return for that quantile or decile during the entire backtest. The values are annualized, and in a good model you would expect to see the highest returns for Q1 and D1 in a value that is closest to your investment horizon.