Definition
High consistency score = low variance of daily returns relative to mean. Useful filter to avoid traders whose Sharpe is dominated by one or two outsized winning days.
Consistency score
Measure of how stable a trader's daily PnL is over time.
Frequently asked questions
What is Consistency score?
High consistency score = low variance of daily returns relative to mean. Useful filter to avoid traders whose Sharpe is dominated by one or two outsized winning days.