Module 3 · Lesson 12 · 10 min

Limitations: What a Pass Still Does Not Prove

What you'll be able to do

  • Calculate the standard error and a 95% interval for a study's Sharpe ratio.
  • Calculate the probabilistic Sharpe ratio and the minimum track record length, and say what they mean for a pass.
  • List what a pass does not show, and the rules it does not change.

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