Sample overlap and effective number of events

Do seemingly numerous tests actually repeat the same observations?

Quant strategies and backtests QNT-039 Table Sample

Sample data. Every number, symbol and holding on these pages is generated sample data dated 2026-10-16, used only to illustrate layout and method for educational and informational purposes. It is not market data, backtest output or a forecast, and the analytics described in the specifications are not running.

Download CSV Sample JSON Specification JSON Sample as of

0700.HK Tencent Holdings | Hang Seng Index | 2025-10-16 – 2026-10-16 | HKD

Highest item: Sample E
46 times
Lowest item: Sample F
6 times
Average
23 times
Number of items
8 items

Sample overlap and effective number of events

Independent events (count) (Table)

Benchmark / after-cost return (%)

Benchmark / after-cost return (%) (Bar)

Event detail and data date

Share of Independent events (count) (Donut)

Sample data rows

Symbol/event/scenarioIndependent events (count)Benchmark / after-cost return (%)Data date (sample)
Sample A 33 4.44 2026-10-16
Sample B 12 9.72 2026-10-16
Sample C 14 6.26 2026-10-16
Sample D 18 9.68 2026-10-16
Sample E 46 3.21 2026-10-16
Sample F 6 6.51 2026-10-16
Sample G 12 1.05 2026-10-16
Sample H 43 3.4 2026-10-16