TY - JOUR T1 - Evaluating Trading Strategies JF - The Journal of Portfolio Management SP - 108 LP - 118 DO - 10.3905/jpm.2014.40.5.108 VL - 40 IS - 5 AU - Campbell R. Harvey AU - Yan Liu Y1 - 2014/09/30 UR - https://pm-research.com/content/40/5/108.abstract N2 - In this article, the authors provide some new tools to evaluate trading strategies. When it is known that many strategies and combinations of strategies have been tried, it is necessary to adjust our evaluation method for these multiple tests. Sharpe Ratios and other statistics will be overstated. The methods provided by the authors in this article are simple to implement and allow for the real-time evaluation of candidate trading strategies.TOPICS: Financial crises and financial market history, accounting and ratio analysis, statistical methods ER -