Saturday, December 13, 2014

New version released: 1.9.7

This version fixes SMA calculations in Bull/Bear simulation by downloading additionally days data required for longer term moving average calculations.

Cheers

Tuesday, November 18, 2014

version 1.9.6 is out

What's new? This version fixes a bug found with recent change to compare-portfolios tool.

Cheers!

Thursday, August 21, 2014

New version: 1.9.5

What's new?

Fix yearly returns calculation at the "compare portfolio" results form to match Yahoo and Morningstar, where before it was measured from a year's first day of trade to the next year's first day of trade, to being calculated from last day of trade of prior year, to last day of trade of measured year.

Cheers!

Saturday, August 9, 2014

New version: 1.9.4

What's new?

* Ability to zoom in graph-view
* Ability to choose how many years to simulate bull/bear
* UI bug fixes

Get it on the download page...
Cheers!

Tuesday, July 15, 2014

Version 1.9.3 is out

What's new?

* improved back-test speed
* option to reinvest dividends of ETF used as comparison index

Cheers!

Friday, July 11, 2014

New release 1.9.2

Changes:

* Fix issue for non-contributing users after first week from install, non payers can still backtest portfolios of 4 different equities, in latest version a bug limited to 1 line in a portfolio.

Friday, July 4, 2014

Change of terms

Starting with recent versions, EzBacktest for non donating users will limit functionality after first 2 weeks of usage. The tools menu will not be available after the 2 week, and the portfolios will be limited to no more than 4 lines. To re-enable these, please make a donation, exit the application, open again and you will have full functionality.

Simple backtesting of single portfolios with no more than 4 lines is still available after the first 2 weeks. In essence, paying users have a full "pro" version, and non-paying users who keep using the software have a free somewhat limited one they can upgrade at any moment for a voluntary amount.

I hope users can understand why terms of usage had to evolve, and I hope most of you will recognize the value in the product and wish to access its full range of tools, and thereby choose to contribute in support of further development.

Regards
S. Segev

Wednesday, July 2, 2014

Version 1.9.1 is out!

Changes:
* Fix results for stocks with splits and reverse splits when not reinvesting dividends
* Allow logarithmic graph view

Cheers!

Sunday, June 22, 2014

New release 1.9.0

Changes:
* Fix different bugs relating to data downloaded from Yahoo
* Improved user interface

Download now from this site at download page or right column link.

Cheers!

Saturday, May 3, 2014

Version 1.8.0 is out!

New features:
* Allow get close values quotes from a particular date via link on edit-portfolio view
* Allow export history of closing values for current portfolio into Excel
* Allow changing number of months to compare portfolios

Download at download-page or on link at right-column.

Cheers!

Tuesday, March 18, 2014

Why EzBacktest doesn't simulate short positions?

Recently I've been asked if EzBacktest supports short positions, by setting minus percentage. The answer is no. My reason for not implementing this feature in the past was as follows:

The software simulates long positions over a long period of time. There are some trading simulations there, but this isn't a trading system testing utility. For that kind of action, traders receive software from their broker that is as complicated and programmable as they need. I viewed as simply impractical to simulate a short position held for a long period of time. Short investors are, as I understand it, mostly traders, and their short positions change every few months (if not days). For the most part this is contrary to what you would do with EzBacktest.

So how does one create a "bear" portfolio for testing bull/bear simulation without shorting? You can use bear ETF-s or mutual funds. I do recognize these usually have bad results, but perhaps that's a result worth viewing and considering before investing in them. Short investing carries costs and risks which can  be much worse than long term investment only portfolios. The same is true for other bear techniques. Bear option techniques, or even "buy insurance" type of option schemes are not simulated here. There are ETF-s which implement these techniques, and you could test them, but again - their real world results are not very appetizing. 

Looking forward to your emails/comments on the subject


Cheers!

Saturday, March 1, 2014

Releasing 1.7.0: allow changing start-value

Hi everyone,

I'm happy to announce version 1.7.0 today. I had a few recent requests and questions about how much is a portfolio is worth on first day of simulation. The answer has always been $100,000. Starting with 1.7.0 users can change that value at the options dialog.

Cheers!