Hi Ivann!
Hope you are well. Quick question - does the system correctly calculate fundamentals for ETFs? I tried changing weighting for the 4 fundamental parameters in this backtest (e.g. increasing one) - I tried four very different combinations, but the result (return, volatility etc.) is always the same. Is this correct?
Thanks!
Pawel
Hey Pawel,
For ETFs only technical signals based on price and volume are available. In your backtest, you chose 4 different signals but only data for 6 month returns are available. Because of that it does not matter how you allocate your weights, the overall signal will only depend on the 6 month return. If you want to introduce new signals perhaps you can look into 3 month returns or volatility.
Kind regards,
Ivan
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