Trend-Following Backtester · Guide · backtest 한국어

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ANDRITZ AG backtest

10 trend-following strategies were compared on the full daily history of ANDRITZ AG. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester.

Data 2001-06-25 ~ 2026-07-31daily bars 6,336 (25.1 years)Costs 0.5%Venue VIEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 14.9%, drawdown -70.3%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 12.0%, MDD -62.7%, Sharpe 0.54, 87% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
ROC 모멘텀
n=57, threshold=-0.11
12.0%-62.7%0.540.1917.1x14387%
SMA 크로스오버
fast=52, slow=126
10.1%-62.5%0.500.1611.3x5163%
EMA 크로스오버
fast=51, slow=106
8.3%-58.8%0.440.147.4x4565%
ADX / DI 방향성
period=31, threshold=32
1.7%-10.6%0.390.161.5x103%
Donchian 채널 돌파
entryN=93, exitN=76
5.1%-48.8%0.350.103.5x2946%
Supertrend
period=29, mult=3.4
4.6%-65.1%0.310.073.1x13756%
Parabolic SAR
step=0.005, maxStep=0.3
3.5%-74.0%0.260.052.4x21957%
MACD
fast=24, slow=33, signal=23
3.3%-62.7%0.260.052.3x24851%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=18, mult=3
2.6%-56.3%0.240.051.9x8631%
볼린저 밴드 돌파
n=37, k=1.6
0.5%-79.8%0.120.011.1x19143%
Buy and hold14.9%-70.3%0.580.2132.3x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -35% -53% -70% 2002 2006 2010 2014 2018 2022 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -62.7% (2015-04-13 → 2020-10-07), prior peak not yet recovered.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

Method and caveats

Past performance does not guarantee future returns. Parameters were selected on the same full-history sample using sharpe over 40 trials per strategy, so results contain in-sample bias. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-run the same setupAll asset reports

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