What is benchmark

What does benchmark graph means in backtesting. While the other graph is portfolio which is I think the actual from a strategy

Hi Qazi,



The benchmark is the S&P 500 ETF (SPY) in the blueshift for US equities, and NIFTY 50 for the Indian equities. It is common to set an index as a benchmark. It can help us analyse the risk, and return of a given portfolio. You can read more about this from this link.



You can also set a different benchmark in the blueshift using the "set_benchmark" function. Go to this link to see the documentation.



Hope it helps!