SAS for backtesting

Discussion in 'Trading Software' started by logis, Sep 7, 2008.

  1. logis


    is there anyone who is using SAS for time series backtesting?
    what modul are you using for it? how much is it?
  2. Euler


    I've wondered about this, too. Certainly I've known people who've used MatLab effectively, and I know there's been discussion on this board about using R (the descendant of S), but SAS is notably absent.
  3. dbonneau


    Yes. Does anyone use SAS as a backtesting strategy tool?
  4. I do, I use it a lot. My quick review is that it is powerful but not very intutive at first.
  5. why on earth would you want to do that?

    doesn't make any sense.. so much easier with alternatives..
  6. I worked someplace that used it a while back. Once I got familiar with it, I have been able to use it for pretty much everything I have needed to do. The only thing I can imagine doing in the near future that it can't handle is automated trading.

    My understanding is most of the retail trader oriented stuff is a lot easier for basic tasks but is not nearly as good for regression models, stats, and big portfolios. Depends on your needs and goals.

    If I were starting from scratch now I might consider R instead. I also know some people who swear by Stata. But I would have to have a pretty good reason to switch at this point.