QIS-C-102 QISFUND.COM THE CAPITAL LAYER REV 2026-07-31 · BUILD 11.0
Concept · QIS-C-102

Point-in-time correctness

The property that a dataset reflects only information genuinely available at each historical timestamp — including the values as first reported, before restatement, and the constituent sets as they stood, before survivorship filtering.

Canonical definition·Free to cite with attribution

The position

This is the single fault line between a backtest and a story, and it is almost never the headline feature a data vendor sells on. Latency is marketed; point-in-time integrity is buried in documentation, because it is expensive to maintain and invisible until someone tries to reproduce a result. When evaluating any market data provider, the question that separates them is not how fast the feed is — it is whether restatements are preserved as a versioned history or silently overwritten.

This section is a claim, not a definition. It is argued rather than asserted, and it is the part of this page you are invited to disagree with. Corrections and counter-arguments to [email protected] are published.

Where it connects

data integritybacktestingmarket data