Your question is Beyond Backtest: Model Evaluation. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
How do you evaluate the performance of a model beyond simple backtest returns?
Address how you would assess risk-adjusted performance, statistical reliability, robustness across market regimes, implementation costs, and model risk. Explain which diagnostics you would use, how you would interpret conflicting results, and how you would decide whether a model is ready for production. No specific dataset or numerical results are provided, so state reasonable assumptions and distinguish evaluation design from observed findings.
