Many screeners are provided with the backtest feature to help the investor and traders check if the same strategy would have worked in the past. The backtest data helps in understanding the stock’s performance and returns.
For Backtest, follow these steps.
First, we have to make a copy/Duplicate of the screener by clicking on it.
Then select the watch icon as shown below.
You can choose the Start and End date and the Stock segment like NIFTY50/NIFTY500
By clicking on the Advance option you can configure the preferences and also number stocks in Max stocks.
by selecting Run Backtest the result of the backtest will be displayed.
An Overview of the returns over the past months is shown.
Period analysis - Returns over the backtest period
Previous backtests summary is also displayed