Robust backtesting can give useful insights on how a trading strategy might perform in the future. The use of tick data for backtesting covers many different strategies, whether they are high frequency, intraday or daily trading rules. It is possible to perform sensitivity analysis to obtain an understanding of how the trading strategy would perform at different points in time. Refinitiv has an extensive collection of tick data types across all asset classes to help understand the different ways to execute your trades.