Backtest
Did the method actually work?
The same rule applied to every qualifying stock, every day, for ten years — with the bad years and the drawdowns shown. Figures are hypothetical and were not achieved with real money.
Growth of ₹100 (log scale)
The rule
Limitations: survivorship bias in the stock universe, no impact cost or slippage modelled beyond 0.3% per side, and the benefit of hindsight in choosing the rule. Past performance — real or hypothetical — does not indicate future results.
| Year | Method | Nifty 50 | Trades | Win rate | Avg win | Avg loss | Max drawdown |
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This backtest describes a screening method. It is not a record of research recommendations issued under the SEBI registration and must not be read as a performance claim for research services. Research reports carry their own disclosures.