BACKTESTING RESULTS

In the following, we present the software’s backtesting returns from January 2012 to October 2017.

Figure 3 shows the descriptive statistic results for the software. Within 70 months from 2012 to 2017, the average return is 1.99% indicates the strength of the software. In the same time range, the S&P 500 index average return is 1.01%.

Figure 4 shows that if an investor had $1,000,000 in January 2012 and bought the S&P 500 index, the investor would have $1,973,000 at the end of October 2017. On the other hand, if the investor invests the same money by using NFS 1.0, the investor would have $3,862,000 which is almost twice of the index return.