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Trend-Following Backtester · Guide · backtest 한국어

equity · CN

Jiangsu Xinquan Automotive Trim Co. Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of Jiangsu Xinquan Automotive Trim Co. Ltd. Class A. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester.

Data 2017-03-17 ~ 2026-07-31daily bars 2,275 (9.4 years)Costs 0.5%Venue SSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 21.7%, drawdown -68.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 15.2%, MDD -46.1%, Sharpe 0.57, 51% 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=109, threshold=0.01
15.2%-46.1%0.570.333.8x9251%
SMA 크로스오버
fast=48, slow=111
13.1%-56.9%0.520.233.2x2454%
Supertrend
period=26, mult=4.5
13.2%-42.9%0.520.313.2x2462%
EMA 크로스오버
fast=45, slow=214
11.1%-49.3%0.470.222.7x1059%
Parabolic SAR
step=0.015, maxStep=0.12
8.1%-42.5%0.400.192.1x16850%
Donchian 채널 돌파
entryN=107, exitN=51
7.7%-40.9%0.390.192.0x1245%
ADX / DI 방향성
period=31, threshold=12
2.7%-46.8%0.260.061.3x7852%
볼린저 밴드 돌파
n=41, k=1.1
2.1%-42.8%0.230.051.2x7041%
MACD
fast=15, slow=22, signal=14
-1.2%-52.7%0.14-0.020.9x14048%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=26, mult=1.1
-1.2%-59.6%0.14-0.020.9x7843%
Buy and hold21.7%-68.8%0.650.326.3x1100%
1x 10x 2018 2020 2022 2024 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -34% -52% -69% 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -46.1% (2021-01-05 → 2021-09-23), recovered after 946 days.

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 setupMore CN assetsAll asset reports

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