Chapter 16: Strategy Simulation

Turnover as a Cost-Survival Diagnostic intermediate

How turnover converts gross edge into cost burden, and how to compute a quick break-even frontier before doing full transaction-cost analysis.

How turnover converts gross edge into cost burden, and how to compute a quick break-even frontier before doing full transaction-cost analysis.

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References

The Elements of Quantitative Investing
Giuseppe A. Paleologo (2025) — John Wiley & Sons
Active portfolio management: A quantitative approach for providing superior returns and controlling risk
Richard C.. Grinold, Ronald N.. Kahn (2000) — McGraw-Hill
Trading Costs
Andrea Frazzini, Ronen Israel, Tobias J. Moskowitz (2018)