Re: [amibroker] Re: Backtesting using historical fundamentals in AB?

["Joe Landry" <jelandry@xxxxxxxxxxxxx>]

Hi PS... Thanks for your note.  There's an interest locally in back testing some
fundamental data approaches.   
 I'd like to follow up by asking
1) Are you using the Datastream Advance? 
2) How expensive is that product? 
3) The plugins?    ThCSV provided by Thomson?  A newer version of the SQL plugin by AB? 

Thanks 
Joe L.  
  ----- Original Message ----- 
  From: vlanschot 
  To: amibroker@xxxxxxxxxxxxxxx 
  Sent: Thursday, February 08, 2007 2:55 AM
  Subject: [amibroker] Re: Backtesting using historical fundamentals in AB?


  David,

  For reliable and long histories of fundamental data (including 
  analysts' estimates) you really have to use professional data-
  providers, and unfortunately (but understandably) that costs money. I 
  use Datastream (who own IBES/First Call) and Bloomberg. Both 
  Bloomberg and Reuters do not have as much historic data as Datastream.

  Re Q2, I integrate macro, fundamental and technical data in quant 
  models, and yes, due to the ThCSV-plugin (now to be replaced by the 
  SQL-plugin)Amibroker allows one to combine this data, backtest it, 
  etc.

  This is my approach. In general, as others have pointed out also, 
  find / create a niche, the precondition for success.

  Just my opinion. Hope it helps.

  PS

  --- In amibroker@xxxxxxxxxxxxxxx, "dwrowley_2000" <dwrowley@xxx> 
  wrote:
  >
  > 
  > I traded for about a year using AB based on various TA strategies, 
  and
  > generated some returns, but then I got the 'fundamentals' religion 
  and
  > moved over to Portfolio123.com
  > 
  > However, I always really liked AB, the support, the continual
  > improvement, etc. - and now I see that AB supports fundamental data!
  > 
  > A couple of questions:
  > 
  > - What data sources provide historical fundamental data? What 
  are
  > people using? (The matrix lists QuotePlus as a source of fundamental
  > data, but it isn't clear if they provide HISTORICAL fundamental data
  > that I can use for backtesting)
  > 
  > - Are people actually doing this? Anyone have good success?
  > 
  > I've been asking the P123 guys to add more TA functions, but they
  > don't really seem to put a high priority on it.
  > 
  > I think AB + access to the same historical fundamental data that 
  P123
  > uses (Reuters, I believe) would be excellent.
  > 
  > Comments, tip, wisdom appreciated!
  > 
  > Thanks,
  > David
  >



   
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