Backfill bias: related pages
Back-testing
The testing of a financial model by using it on past date and then comparing the 'predictions' to what actually happened.
Risk premium
The difference between the rate of return on a security (or a market or an investment) and the risk free rate of return.
Self-selection bias
The distortion of statistics that occurs when the people or organisations being sampled can decide on their own inclusion in the sample.
Survivorship bias
The exaggeration of returns because calculations fail to include securities or markets that have ceased to existed.
Confirmation bias
The tendency to favour evidence which supports a particular conclusion. Hard to avoid, especially in financial modelling.
Look ahead bias
Any of several types of bias caused by changes over time or the inclusion of data not available in a period being modelled.
Copyright Graeme Pietersz © 2005-2019