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Trend-Following Backtester · Guide · backtest 한국어

etf · GB

Global Smaller Companies Trust PLC backtest

10 trend-following strategies were compared on the full daily history of Global Smaller Companies Trust PLC. 1 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 9.4%, MDD -41.2%).

Data 1970-01-01 ~ 2026-07-31daily bars 14,592 (56.6 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 9.7%, drawdown -70.9%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 9.4%, MDD -41.2%, Sharpe 0.69, 62% exposure.

CAGR reference leader: Supertrend — CAGR 10.2%, MDD -62.9%, exposure 64%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 0.3%p lower than buy and hold, while drawdown improves by 29.7%p (CAGR 9.4%, MDD -41.2%, 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
SMA 크로스오버
fast=5, slow=121
9.4%-41.2%0.690.23161.6x16962%
Supertrend
period=27, mult=3.8
10.2%-62.9%0.680.16246.3x29764%
Parabolic SAR
step=0.01, maxStep=0.26
9.6%-54.6%0.670.18178.9x49957%
Keltner 채널 돌파
emaPeriod=32, atrPeriod=28, mult=3
7.2%-49.3%0.590.1552.4x18437%
볼린저 밴드 돌파
n=37, k=1.4
7.5%-53.1%0.590.1459.6x31848%
EMA 크로스오버
fast=12, slow=124
8.0%-46.9%0.580.1779.3x12965%
ADX / DI 방향성
period=17, threshold=33
6.7%-47.6%0.560.1439.3x21835%
Donchian 채널 돌파
entryN=62, exitN=22
7.1%-50.4%0.540.1447.7x20548%
ROC 모멘텀
Hold-like · Exposure 96%
n=11, threshold=-0.07
9.6%-75.6%0.510.13180.7x19396%
MACD
fast=16, slow=46, signal=19
5.3%-54.6%0.420.1018.7x56449%
Buy and hold9.7%-70.9%0.500.14191.6x1100%
1x 10x 100x 1971 1978 1985 1992 1999 2006 2013 2020 SupertrendSMA 크로스오버Buy and hold
SMA 크로스오버 (Sharpe leader), Supertrend (CAGR reference), Buy and hold.
0% -18% -35% -53% -71% 1971 1978 1985 1992 1999 2006 2013 2020 Buy and holdSupertrendSMA 크로스오버
SMA 크로스오버 maximum drawdown -41.2% (1987-10-29 → 1988-05-19), recovered after 1,902 days.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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 GB assetsAll asset reports

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