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Back-Testing

nounid 4755·updated May 18, 2026
verified

A form of outcomes analysis that involves the comparison of actual outcomes with modeled forecasts during a development sample time period (in-sample back-testing) and during a sample period not used in model development (out-of-time back-testing), and at an observation frequency that matches the forecast horizon or performance window of the model.

Classifications

Entity Type

Process80%llm-generatedllm:claude-haiku-4-5

Sensitivity

Regulated75%llm-generatedllm:claude-haiku-4-5

Information Class

60%llm-generatedllm:claude-haiku-4-5

Variants

plural
Back-Testings
possessive
Back-Testing's
pluralpossessive
Back-Testings'

Framework definitions

Comptroller's Handbook: Model Risk Management, Version 1.01 senseview framework →
§1
A form of outcomes analysis that involves the comparison of actual outcomes with modeled forecasts during a development sample time period (in-sample back-testing) and during a sample period not used in model development (out-of-time back-testing), and at an observation frequency that matches the forecast horizon or performance window of the model.

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