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Perform a strategy benchmarking

You are wondering: instead of spending energy actively trading a stock, what if you just sit back and hold the stock for a period of time. Does your active trading strategy generate better profits than a passive buy-and-hold strategy? To answer this question, you plan to perform a benchmarking test.

The bt package has been imported for you. Also, the historical price data of the Tesla stock has been preloaded in price_data.

In addition, the three strategy backtests sma10, sma30. sma50 from the previous exercise have been pre-loaded, and can be used directly.

Deze oefening maakt deel uit van de cursus

Financial Trading in Python

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Praktische interactieve oefening

Probeer deze oefening eens door deze voorbeeldcode in te vullen.

def buy_and_hold(price_data, name):
    # Define the benchmark strategy
    bt_strategy = bt.Strategy(name, 
                              [____,
                               bt.algos.SelectAll(),
                               bt.algos.WeighEqually(),
                               bt.algos.Rebalance()])
    # Return the backtest
    return ____(bt_strategy, price_data)
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