I have a screen that looks at TotRevisions4W - I see that this analyst revision data is updated in the compustat db on the weekends. When performing a backtest, however, does the same weekend database update rule apply? For example, if I am running the backtest weekly on a Friday, will the backtest be aware of analyst revisions that occurred that week, which in reality would not be known if I were running a screen on that Friday (this information wouldn’t be available to the screener until the following monday).
Thanks,
Paul