Tag Archives: Testing

Back Testing And Its Link With Forex

It is the method of evaluating the plus and minuses of other strategy, theory or model by utilizing its past data.

The back testing process can be used to any kind of data that requires analysis and prediction of the upcoming trends based on the historical events in that regard.

It can be applied in situation like analyzing the performance of particular method in the past stock trends, weather reports and forex market.

Thus, it can be applied to any type of events that includes numerical figures to sketch the charts and trends depending on the past trend moves or activity of that method or strategy to figure out the positive and negative effects of any method.

The main point to use back testing is that it gives an opportunity to make an overview about some other methodology or application way to derive some more positive outcomes.

That means, what are the possible ways in which a certain method can be applied to pull out better outcome from the same strategy.

It is the most common methodology that is used to replicate the situations of the time in question with intention to acquire accurate outcome.

This also indicates that things are ever changing and is not necessary that what you have applied today would work in other circumstances as well.

There are certain things that the new traders must keep in mind to avoid the failures of applying back testing in the Forex.

They must consider that type of data they are using at the Forex that indicates about the indicative prices of the currency pairs playing crucial at the trading platform.

The Forex spread offer the broker is offering you on the selected currency pair, next comes the margin price offered by the broker, determining the limits that broker had placed for you and your own trading limits as well.

This is certainly the most important question because the thin line between accomplishment and breakdown can be determined through details.

* You can discover about the minutes of the Forex out through experience usually the most pricey way if not done through the Forex demo;

* You should ask your broker the cheapest and best possible way to trade at Forex.

Thus, back testing helps to determine the best trading strategy out of others by analyzing the historical trade activities at the Forex trading platform.

Some traders find it more appropriate to use forward testing rather than the back testing as it enables to determine about the future trading outcomes with reference to that particular trading situations.

Stupendous Growth Observed in Global Genetic Testing Market

According to our latest report entitled, “Global Genetic Testing Market Analysis”, global genetic testing market witnessed a rapid growth rate in the recent years on the back of factors, such as increasing awareness level, rising prevalence of genetic disorders, and private sector participation. Recent industry developments and discovery of new genes are attracting a large number of global market players in the genetic tests segment. The market too has reached to the mark of around US$ 1.5 Billion in 2010 and is likely to grow at a CAGR of around 25% during 2012-2015.

We have found that DTC genetic test segment is fetching lots of attention from regulatory authorities and other concerned players. The concern over the selling of genetic tests directly to consumers and adoption of other advertising means has caused FDA intervention in the matter. Other countries are also pondering over the probable solution and it is expected that new regulations for DTC genetic tests may come in near future.

The report analyzes factors critical to the fast pace growth of the global genetic testing market. The report sheds light on the recent industry developments in which key product launches and strategic acquisitions among players have been covered in a prudent manner. Additionally, the report properly investigates the regulatory landscape with regards to genetic testing in key regions of the world.

The report, “Global Genetic Testing Market Analysis”, is an outcome of an extensive research and presents an in-depth analysis of the global genetic testing market. It provides future forecast on the market based on the correlation of past drivers, challenges, and opportunities for expansion. Key features of genetic testing market in key countries of the globe have been presented effectively. Last though not the least, a useful description of key market players and their products is also included in the report. Overall, the report is likely to provide clients a better understanding of genetic testing market.

Gold Testing Equipment-Helps Identify The Purity Level Of Your Gold Item

Gold is a precious metal so it is very important to determine its purity in order to make sure that you have an authentic piece of gold. This metal is available in different karats. Therefore, in order to check that whether the karat level of your gold coins or bars is authentic or not, you will have to put them under the analyzing process-“gold testing method”. These days, market is flourished up with various companies which basically deal in offering a wide range of Gold Testing Equipment that helps the people to make sure that the karat value of their piece is valid and up to the mark. These companies provide different equipment like software, tools, testing materials, scales, shipping supplies etc.

Many reputed jewelers use these items in order to provide good quality gold items to their customers. Some professional jewelers also purchase other invaluable tools from good gold testers. In general, people use gold test acids to test the exact karat level of their metal. Apart from using the different test acids, jewelers also take the help from the test needles that are commonly found in various karat levels. Gold testing experts also carry a wide range of test stones that also help them to identify the correct purity level of the metal.

Gold Testing Equipment provided by many reputed companies are an important asset for jewelry stores and individuals who want to get the very best deal on premium quality products. Many coin experts use these products to test various gold coins and other gold items. Some companies also use the gold refining process in order to return gold in the fitness of 9999 by extracting impurities and also removing all foreign material. These companies generally use these refining processes:

  • Gold refining
  • Chlorination electrolytic
  • Aqua regia digest refining

Ensure Quality With User Acceptance Testing

No matter what specific product anyone speaks of, one rule of thumb must be adhered to almost impetuously. Every product must be tested prior to distribution; otherwise, a minefield of angry consumers may have to be traversed. With that in mind, what kind of testing is there and which is the best testing for your specific product in question. Product testing falls into two general categories: consumer testing and technician testing. Both have their pros and cons, but if only one will be utilized, than you should ensure quality with user acceptance testing.

User acceptance testing utilizes your customers as testing bodies for your product. This form of testing will provide you with an optimal source of information about your product’s performance and what aspects need to be improved upon. By utilizing your own customers in user acceptance testing you will not only earn valuable information about the workings of your product, you will also ensnare your customers sub-consciously due to their excitement over receiving a chance to test a product prior to it being available for retail. In addition, your customers are the people that make your livelihood, so you want to be sure that they are completely satisfied with your product. Technicians will test products for specific outcomes, whereas user acceptance testing will put your product through more abstract trials than laboratory scientists could ever replicate. Your customers are who you want to be happy with your product, not your techies. User acceptance testing ensures that you will have the best chance of hitting the market successfully, because you will already know that you customers like the product you are giving them.

User acceptance testing will also cost less in the long run. The testing costs themselves will be comparable to having your technicians do all of your testing, but you will save more money on possible recalls and lawsuits down the road in the products retail life. Consumers are the best judge of what they want to buy, they will never buy a product that they do not want. However, if a product offers them all that they could want in such a purchase, in addition to being tested and subsequently re-designed with their own suggestions in mind, a customer will be more than likely to buy it. In fact, they will be so blindsided by the fact that pre-retail products were utilized by average customers for testing reasons that they will become even more impulsive with your product.

In conclusion, user acceptance testing should be a no-brainer for anybody that is about to release a new product to the general population. User acceptance testing ensures that your customers like your product and will want to buy it. These testing aspects allow you as a product manufacturer to rest easy that you have perfected a product in your customers’ eyes. In the end, the customers determine how well a product sells, and user acceptance testing prevents unwanted sales slumps due to an unfortunate lack of customer confidence.