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Trend-Following Backtester · Guide · backtest 한국어

equity · GB

Sabre Insurance Group Plc backtest

10 trend-following strategies were compared on the full daily history of Sabre Insurance Group Plc. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.0%, MDD -9.3%).

Data 2017-12-06 ~ 2026-07-31daily bars 2,184 (8.6 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR -3.9%, drawdown -75.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 2.0%, MDD -13.8%, Sharpe 0.30, 8% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 3.5%, MDD -36.1%, exposure 48%.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 5.9%p higher than buy and hold, while drawdown improves by 61.3%p (CAGR 0.0%, MDD -9.3%, exposure 2%).

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=93, exitN=5
2.0%-13.8%0.300.141.2x178%
SMA 크로스오버
fast=28, slow=76
3.5%-36.1%0.270.101.3x2748%
ROC 모멘텀
n=88, threshold=0.07
0.4%-33.5%0.100.011.0x6928%
ADX / DI 방향성
period=31, threshold=36
0.0%-9.3%0.020.001.0x22%
Supertrend
period=6, mult=5
-3.1%-59.4%-0.04-0.050.8x2155%
볼린저 밴드 돌파
n=16, k=2.7
-1.5%-29.7%-0.10-0.050.9x3610%
Keltner 채널 돌파
emaPeriod=13, atrPeriod=28, mult=2.2
-1.5%-21.8%-0.14-0.070.9x206%
EMA 크로스오버
fast=25, slow=82
-4.6%-60.3%-0.18-0.080.7x3544%
Parabolic SAR
step=0.025, maxStep=0.26
-7.2%-60.9%-0.26-0.120.5x22849%
MACD
fast=9, slow=22, signal=10
-9.0%-70.8%-0.32-0.130.4x18449%
Buy and hold-3.9%-75.1%0.06-0.050.7x1100%
1x 2018 2020 2022 2024 2026 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -19% -38% -56% -75% 2018 2020 2022 2024 2026 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -13.8% (2019-12-13 → 2022-04-19), recovered after 1,236 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.
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