Trend-Following Backtester · Guide · backtest 한국어

equity · CH

Geberit AG backtest

10 trend-following strategies were compared on the full daily history of Geberit AG. 4 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 7.3%, MDD -35.9%).

Data 1998-08-21 ~ 2026-07-31daily bars 7,101 (27.9 years)Costs 0.5%Venue SIXMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 6.0%, drawdown -73.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.9%, MDD -38.2%, Sharpe 0.53, 58% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 1.9%p higher than buy and hold, while drawdown improves by 34.9%p (CAGR 7.3%, MDD -35.9%, exposure 63%).

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=104, exitN=80
7.9%-38.2%0.530.218.4x3258%
EMA 크로스오버
fast=25, slow=168
7.3%-35.9%0.490.207.1x4863%
SMA 크로스오버
fast=44, slow=98
7.2%-48.9%0.480.157.0x6459%
Supertrend
period=35, mult=4.9
6.6%-48.0%0.430.146.0x9458%
ADX / DI 방향성
period=38, threshold=21
2.5%-25.4%0.350.102.0x3611%
볼린저 밴드 돌파
n=43, k=2.4
3.3%-45.3%0.350.072.5x9229%
ROC 모멘텀
n=127, threshold=-0.03
4.6%-44.1%0.330.103.5x17668%
Keltner 채널 돌파
emaPeriod=43, atrPeriod=25, mult=2.5
3.3%-51.5%0.320.062.5x12437%
MACD
fast=22, slow=58, signal=26
-2.2%-73.0%0.02-0.030.5x23752%
Parabolic SAR
step=0.005, maxStep=0.34
-2.9%-80.8%-0.07-0.040.4x25055%
Buy and hold6.0%-73.1%0.360.085.1x1100%
1x 10x 1999 2003 2007 2011 2015 2019 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -37% -55% -73% 1999 2003 2007 2011 2015 2019 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -38.2% (2007-02-15 → 2009-05-13), recovered after 1,379 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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