ThuztraResearch

The honest backtest

Backteststhat confess

Most platforms sell you the equity curve. Thuztra ships every result with the numbers that curve is hiding.

Below: a popular momentum strategy that holds the strongest Nifty large-cap by 60-day return, run for five years on real NSE data. Real engine output, confession by confession.

The fixed-deposit test

Every backtest is compared against parking the same money in a plain 7% FD. This one lost to the bank.

7% fixed deposit₹1,38,961
The momentum strategy₹78,790

The tax that's owed anyway

Capital-gains tax is estimated on every simulated trade, FIFO-matched. This strategy lost money and still owed tax on the wins along the way.

est. STCG/LTCG owed

₹1,565

on a strategy that finished −21.2%

The survivorship check

Backtesting today's Nifty 50 means yesterday's failures already vanished from your universe. We measure how much future knowledge leaked in.

survivorship: highflagged on this run

The luck test

We re-ran the strategy on hundreds of shuffled versions of the same market. If random orderings do just as well, there is no edge, only a story.

permutation test

p = 0.846

indistinguishable from luck

If the edge isn't real, Thuztra says so. That's the point. Join the waitlist