Point-in-Time Data and Decision-Time Correctness foundational

A value is usable only if it was actually knowable when the strategy had to decide.

A value is usable only if it was actually knowable when the strategy had to decide.

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References

Frontiers of Real-Time Data Analysis
Dean Croushore (2008)
Advances in Financial Machine Learning
Marcos Lopez de Prado (2018) — John Wiley & Sons
Survivor Bias and Mutual Fund Performance
Edwin J. Elton, Martin J. Gruber, Christopher R. Blake (1996) — The Review of Financial Studies
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