Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Power Corporation of Canada backtest

10 trend-following strategies were compared on the full daily history of Power Corporation of Canada. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 8.8%, MDD -47.0%).

Data 1995-01-12 ~ 2026-07-31daily bars 7,930 (31.5 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.0%, drawdown -64.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.8%, MDD -47.0%, Sharpe 0.54, 79% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 1.3%p lower than buy and hold, while drawdown improves by 17.1%p (CAGR 8.8%, MDD -47.0%, exposure 79%).

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
Donchian 채널 돌파
entryN=15, exitN=47
8.8%-47.0%0.540.1914.1x10579%
ROC 모멘텀
n=176, threshold=-0.09
7.3%-51.7%0.480.149.1x12980%
SMA 크로스오버
fast=39, slow=176
7.0%-59.2%0.480.128.4x4963%
EMA 크로스오버
fast=20, slow=118
6.6%-41.9%0.480.167.5x7564%
Supertrend
period=17, mult=4.1
6.5%-47.0%0.480.147.2x12358%
Keltner 채널 돌파
emaPeriod=89, atrPeriod=7, mult=4
4.4%-53.8%0.420.083.9x7536%
볼린저 밴드 돌파
n=53, k=2.5
3.1%-45.8%0.340.072.6x8929%
ADX / DI 방향성
period=31, threshold=23
1.9%-30.2%0.330.061.8x5310%
MACD
fast=24, slow=66, signal=24
0.3%-70.0%0.100.001.1x26650%
Parabolic SAR
step=0.015, maxStep=0.16
-0.5%-82.1%0.05-0.010.9x54354%
Buy and hold10.0%-64.1%0.510.1620.3x1100%
1x 10x 1996 2000 2004 2008 2012 2016 2020 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -32% -48% -64% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -47.0% (2000-09-15 → 2002-11-11), recovered after 2,330 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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