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Backtesting vs Forecasting - What's the difference?

backtesting | forecasting |

As nouns the difference between backtesting and forecasting

is that backtesting is the process of testing a strategy, model etc. using data from a previous time while forecasting is a forecast or prediction.

As a verb forecasting is

present participle of lang=en.

backtesting

English

Noun

(wikipedia backtesting) (-)
  • The process of testing a strategy, model etc. using data from a previous time

    • Anagrams

    *

    forecasting

    English

    Verb

    (head)

    • Noun

    (en noun)
  • A forecast or prediction.
  • * 1852 , The Dublin University Magazine (page 66)
    • There were sneers, and scoffs, and inuendoes of some; prophecies of failure in a hundred ways; forecastings of non-completion, forecastings of swift dissolution and crashing ruin