Hello QCSupport,

Please advise what is a decent alpha to try to achieve.

Pls see attached results screenshot – the PSR, SR, Return/Net Profit, Win Rate, P-L Ratio all look acceptable. My strategy is a daily strategy and only trades one asset which is the SPY (S&P 500 Index ETF), so only 504 trades over the 5-year backtest period. The Information Ratio & Treynor Ratio I believe are good also. Please comment or point me to some documentation explaining the results metrics. Thanks / Sheikh