Quant interview prep guides

Lookahead Bias Quant Interview Guide

Lookahead bias quant interview guide covering future data, revisions, release timing, feature construction, examples, and checks.

Candidates validating point-in-time features and backtests.

Lookahead bias uses future information

Lookahead bias occurs when a feature, label, universe, or backtest decision uses information unavailable at the historical decision time.

Release timing matters

Economic data, estimates, fundamentals, and vendor feeds may have publication lags or revisions that differ from their period labels.

Concrete example

Using final quarterly fundamentals on the quarter-end date leaks information if the report was published weeks later to the market.

Check every join

Use as-of timestamps, release calendars, vendor availability fields, and lagged joins that mimic what the strategy could know.

Common mistakes

Candidates often sort by date and assume safety. Date order alone does not prove the data was available at decision time.

Practice the pattern

Use the LeetQuidity curriculum and calibration to turn this topic into a focused practice plan.