Trend-Following Backtester · Guide · backtest 한국어

equity · DK

DSV A/S backtest

10 trend-following strategies were compared on the full daily history of DSV A/S. 0 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 15.8%, MDD -35.8%).

Data 2000-01-21 ~ 2026-07-30daily bars 6,696 (26.5 years)Costs 0.5%Venue OMXCOPMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 18.0%, drawdown -73.4%).

Sharpe leader (same as main): Supertrend — CAGR 15.8%, MDD -35.8%, Sharpe 0.82, 62% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 16.7%, MDD -44.3%, exposure 76%.

Return/drawdown alternative: Supertrend — CAGR is 2.2%p lower than buy and hold, while drawdown improves by 37.6%p (CAGR 15.8%, MDD -35.8%, exposure 62%).

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
Supertrend
period=22, mult=4.7
15.8%-35.8%0.820.4448.7x8862%
ROC 모멘텀
n=175, threshold=-0.03
16.7%-44.3%0.790.3859.9x9776%
SMA 크로스오버
fast=33, slow=168
15.2%-42.0%0.750.3642.5x4071%
Donchian 채널 돌파
entryN=84, exitN=64
13.2%-40.0%0.730.3326.6x4064%
Keltner 채널 돌파
emaPeriod=54, atrPeriod=28, mult=2.1
11.9%-36.0%0.720.3319.7x11652%
EMA 크로스오버
fast=47, slow=112
14.5%-47.9%0.720.3035.9x4274%
볼린저 밴드 돌파
n=57, k=1.1
10.3%-47.2%0.620.2213.4x14453%
MACD
fast=24, slow=51, signal=18
9.7%-54.0%0.540.1811.7x23049%
ADX / DI 방향성
period=39, threshold=11
7.3%-48.6%0.490.156.6x22252%
Parabolic SAR
step=0.005, maxStep=0.38
6.9%-53.6%0.420.135.9x21656%
Buy and hold18.0%-73.4%0.680.2580.7x1100%
1x 10x 100x 2001 2005 2009 2013 2017 2021 2025 ROC 모멘텀SupertrendBuy and hold
Supertrend (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -18% -37% -55% -73% 2001 2005 2009 2013 2017 2021 2025 Buy and holdROC 모멘텀Supertrend
Supertrend maximum drawdown -35.8% (2021-09-23 → 2022-11-09), recovered after 1,336 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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