Back to AI Dynamic Pricing
Backtest Summary
Model backtesting methodology and summary insights.
Backtest Results Summary
Test Period
- Date Range: 2024-03-01 to 2025-03-23
- Transactions: 3,547
- Days: 381
Revenue Impact
| Metric | Value |
|---|---|
| Actual Revenue (Static Pricing) | ₹112,245.58 |
| Simulated Revenue (Dynamic Pricing) | ₹117,259.58 |
| Revenue Lift | ₹5,014.00 (+4.5%) |
| Daily Lift | ₹13.16 |
| Annual Projection | ₹4,803.44 |
Ethics Compliance
- Prices capped (gouging prevention): 60
- Prices capped (margin protection): 0
- Flagged for human review: 360
Model Consistency
- Positive revenue lift in 13/13 months (100%)
- Model performs across all weather conditions
Conclusion
Dynamic pricing would have generated ₹5,014 additional revenue over the test period, representing a 4.5% improvement over static pricing.