Trend-Following Backtester · Guide · backtest 한국어

equity · HK

Sinopharm Group Co., Ltd. Class H backtest

10 trend-following strategies were compared on the full daily history of Sinopharm Group Co., Ltd. Class H. 4 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.6%, MDD -15.2%).

Data 2009-09-23 ~ 2026-07-31daily bars 4,152 (16.9 years)Costs 0.5%Venue HKEXMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR -0.4%, drawdown -67.1%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 0.6%, MDD -15.2%, Sharpe 0.13, 1% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 1.0%p higher than buy and hold, while drawdown improves by 51.9%p (CAGR 0.6%, MDD -15.2%, exposure 1%).

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
ADX / DI 방향성
period=31, threshold=29
0.6%-15.2%0.130.041.1x61%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=10, mult=2.6
0.3%-37.3%0.110.011.0x4621%
Supertrend
period=14, mult=3.4
-0.3%-53.1%0.11-0.011.0x7546%
Donchian 채널 돌파
entryN=11, exitN=53
-1.4%-76.1%0.09-0.020.8x6773%
볼린저 밴드 돌파
n=54, k=1.9
-0.4%-40.0%0.07-0.010.9x6026%
SMA 크로스오버
fast=25, slow=63
-2.2%-58.3%0.02-0.040.7x7247%
MACD
fast=11, slow=53, signal=16
-3.1%-60.5%-0.01-0.050.6x21547%
EMA 크로스오버
fast=34, slow=65
-4.5%-66.9%-0.10-0.070.5x5444%
Parabolic SAR
step=0.02, maxStep=0.06
-5.4%-74.6%-0.12-0.070.4x25747%
ROC 모멘텀
n=37, threshold=0.22
-2.1%-44.1%-0.15-0.050.7x645%
Buy and hold-0.4%-67.1%0.16-0.010.9x1100%
1x 2010 2013 2016 2019 2022 2025 ADX / DI 방향성Buy and hold
ADX / DI 방향성: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -34% -50% -67% 2010 2013 2016 2019 2022 2025 Buy and holdADX / DI 방향성
ADX / DI 방향성 maximum drawdown -15.2% (2010-01-14 → 2015-05-07), recovered after 1,958 days.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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