Research & Data Disclosure

1. Purpose of Public Research

BacktestPrime publishes historical simulations to explain how clearly defined methodologies behaved on historical market data under stated assumptions.

Public research is intended to support educational understanding of backtesting, quantitative methodology, portfolio behavior and historical risk-return characteristics.

2. Public Data Delay Policy

BacktestPrime applies a delay to market-price data used in public educational research.

BacktestPrime may voluntarily apply an operational delay buffer longer than the minimum period that may otherwise be applicable to educational use. This is an internal compliance and risk-control choice and should not be interpreted as a statement of the legal minimum.

Each public research study should identify its historical data cut-off date where relevant.

Unless the applicable data rights and permissions have been separately verified, public research is intended to present aggregated analytical outputs rather than redistribute raw exchange, index or vendor market-data files.

3. No Live Signals

The public website is not intended to display live or current trading signals, current market entries, current stop-loss levels, live targets, current model positions or fresh securities recommendations.

Current and private research tools, if any, are maintained separately from the public research website.

4. Historical Parameters Are Not Advice

Position sizes, historical entry rules, historical exit rules, simulated stop-loss percentages, simulated targets and other numerical parameters shown in a public study are historical testing assumptions.

They are not current transaction instructions and should not be interpreted as recommended capital allocation, risk tolerance or trading strategy for any individual.

5. Backtest Limitations

Historical simulations can differ materially from real-world investment results.

Differences may arise from execution timing, gaps, liquidity, order fills, market impact, transaction costs, corporate actions, index composition, data quality, taxes, brokerage, slippage or other factors.

6. Survivorship and Selection Bias

Some historical studies may use a present or available constituent universe when evaluating earlier periods.

Historical membership may differ from the constituent list used in a study. This may create survivorship or selection bias and can make historical results appear better or worse than they would under a fully point-in-time universe.

Where such a limitation exists, BacktestPrime intends to disclose it.

7. Transaction Costs and Net Returns

Public studies should clearly state whether brokerage, securities transaction tax, exchange fees, statutory charges, slippage or other costs are included.

Where such costs are excluded or only partially modeled, reported historical returns should not be interpreted as actual net investor returns.

8. Methodology Sensitivity

Historical results can change substantially when assumptions such as starting capital, position size, entry timing, stop-loss rule, exit rule, portfolio capacity or signal filter are changed.

BacktestPrime therefore aims to disclose material methodology assumptions together with reported results.

9. Optimization and Overfitting Risk

Repeatedly adjusting strategy rules to fit past data can create overfitting and can make historical performance appear stronger than it may be in unseen market conditions.

BacktestPrime aims to distinguish exploratory research from forward or out-of-sample validation where practicable.

10. Public vs Private Systems

BacktestPrime's public research website is intended to remain technically separated from private trading-control systems, broker credentials, private account information and private live-trading functions.

Public content should be generated only from approved, sanitized and appropriately delayed research outputs.

11. Market Data Rights

Market data, index information and related content may be subject to rights, contractual restrictions or licensing conditions imposed by exchanges, index providers, vendors or other data owners.

BacktestPrime intends to publish public market-data outputs only where the intended use is consistent with applicable rights and usage arrangements.

Availability of a data source for private analysis does not automatically mean that the same data may be publicly redistributed.

12. Index and Third-Party Names

Names of exchanges, indices, companies, products, trademarks or data providers may be used only for identification or research description where appropriate.

Such references do not imply sponsorship, endorsement, affiliation or approval unless expressly stated.

13. Corrections and Revisions

If BacktestPrime identifies a material data error, methodology error or calculation error, the affected study may be corrected, re-run, withdrawn or replaced.

Historical results are therefore subject to revision where necessary to improve accuracy.

14. No Future-Performance Representation

Historical return, CAGR, profit factor, win rate, drawdown, average profit, average loss or any other historical statistic does not represent a promise, forecast or assurance of future results.

15. Monetization and Future Features

Advertising, subscriptions, premium analytics, downloadable datasets, saved backtests or other monetized features may create additional legal, regulatory, privacy, tax or data-licensing obligations.

Such features should not be publicly activated solely because they are technically available. They should first be reviewed for the applicable compliance requirements.

16. Regulatory Change

Securities-market, data-use, advertising and privacy requirements may change over time.

BacktestPrime may modify public research presentation, delay policies, data sources, website functionality or disclosures when needed to address changes in applicable requirements.