u/ComprehensiveKey6924

Testing a modern version of the Magic Formula for Indian markets
▲ 4 r/dalalstreetbets+2 crossposts

Testing a modern version of the Magic Formula for Indian markets

🚀 Just added a new strategy on our platform: Magic Formula India (ML-Augmented)

This strategy is inspired by Joel Greenblatt’s classic Magic Formula approach — but enhanced with ML-based forward growth signals to identify companies that are:
• Trading at attractive valuations
• Generating strong returns on capital
• Expected to grow free cash flow over the next year

📈 Backtest Snapshot:
• Started in 2020
• ~9x portfolio growth
• CAGR: 43.5%

The idea was to combine value + quality + forward-looking growth signals into one systematic strategy for Indian markets.

Still tracking and researching how it performs in live conditions, but the historical results looked interesting enough to share with the community.

If anyone wants the strategy link or wants to see more details/backtest metrics, let me know in the comments 👇

u/ComprehensiveKey6924 — 8 days ago

Test your idea before investing real money in to the market Free tool available

Hello everyone 👋

A few months back, we started building a platform called ftinvstr focused on stock market research and strategy backtesting for Indian markets.

The idea was to make quantitative investing and market research more accessible — even for people without coding knowledge. Users can test investment ideas using simple plain English, while the platform converts them into structured backtesting expressions.

Some things the platform currently offers:

• AI-assisted strategy builder
• Technical + fundamental data based backtesting
• Multiple portfolio and regime-based testing modes
• Corporate action adjusted historical data
• Point-in-time fundamentals to reduce look-ahead bias
• Ability to combine and test multiple candlestick patterns in a single backtest
• Advanced analytics and performance metrics
• Community strategies where users can explore, follow and subscribe to publicly shared strategies on the platform
• Daily updates and performance tracking for followed strategies

The platform is designed for research, learning, experimentation and performance tracking purposes only. It does not provide buy/sell recommendations or investment advisory services.

Would genuinely love feedback and suggestions from the community 🙌

reddit.com
u/ComprehensiveKey6924 — 12 days ago

Test your idea before investing real money in to the market

Hello everyone 👋

A few months back, we started building a platform called www.ftinvstr.in focused on stock market research and strategy backtesting for Indian markets.

The idea was to make quantitative investing and market research more accessible — even for people without coding knowledge. Users can test investment ideas using simple plain English, while the platform converts them into structured backtesting expressions.

Some things the platform currently offers:

• AI-assisted strategy builder
• Technical + fundamental data based backtesting
• Multiple portfolio and regime-based testing modes
• Corporate action adjusted historical data
• Point-in-time fundamentals to reduce look-ahead bias
• Ability to combine and test multiple candlestick patterns in a single backtest
• Advanced analytics and performance metrics
• Community strategies where users can explore, follow and subscribe to publicly shared strategies on the platform
• Daily updates and performance tracking for followed strategies

The platform is designed for research, learning, experimentation and performance tracking purposes only. It does not provide buy/sell recommendations or investment advisory services.

Would genuinely love feedback and suggestions from the community 🙌

reddit.com
u/ComprehensiveKey6924 — 12 days ago