A method for estimating performance of a serial communication channel using processing circuits. The channel is configured to transmit a binary input stream from a transmitting end to an output stream at a receiving end. The method includes modeling by the processing circuits the channel at the receiving end as a first finite impulse response (FIR) system. The modeling includes estimating a cursor pulse response of the first FIR system by analyzing the output stream received at the receiving end, and estimating one or more pre-cursor or post-cursor pulse responses of the first FIR system from the received output stream using the estimated cursor pulse response. The method further includes determining by the processing circuits a performance metric by using the estimated one or more pre-cursor or post-cursor pulse responses.