this is the backtest the contest will see. 10M and 2 years
first you need to see if you can figure out how to make it trade right away instead of 6 months of warming up. then, Beta is the last thing you need to worry about, You should get your drawdown WAY down, like <5%, Leverage is out of control too, on the 2nd or 3rd day of trading you had -6M in cash, that will bust your algorithm right away, if you go over 1.0 leverage you will be disqualified. Next if you manage to get those down you should see how your sharpe is, 1.0 will not even be close.