With reference to portfolio strategies, the application of a strategy’s portfolio selection rules to historical data to assess what would have been the strategy’s historical performance. As used in reference to VAR, it is the process of comparing the number of violations of VAR thresholds over a time period with the figure implied by the user-selec [..]

is the process of applying a trading strategy or analytical method to historical data to see how accurately the strategy or method would have predicted actual results.

determining the results of using particular screening criteria, as if the screen had been run at some point back in time, and the selected stocks or funds were held for a predetermined time period and [..]

A process that evaluates the results of a criteria-specific view.