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Aurobindo Pharma Ltd backtest

10 trend-following strategies were compared on the full daily history of Aurobindo Pharma Ltd. 7 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 22.2%, MDD -56.4%).

Data 1996-01-15 ~ 2026-07-31daily bars 7,666 (30.5 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 20.6%, drawdown -93.1%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 24.6%, MDD -68.0%, Sharpe 0.79, 43% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 25.4%, MDD -66.0%, exposure 55%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.0%p higher than buy and hold, while drawdown improves by 25.1%p (CAGR 22.2%, MDD -56.4%, exposure 37%).

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
Keltner 채널 돌파
emaPeriod=58, atrPeriod=12, mult=1.7
24.6%-68.0%0.790.36834.5x14743%
EMA 크로스오버
fast=31, slow=32
25.4%-66.0%0.770.391013.8x12155%
SMA 크로스오버
fast=9, slow=155
25.2%-77.1%0.770.33950.9x8156%
Donchian 채널 돌파
entryN=66, exitN=39
24.0%-66.6%0.760.36708.8x5947%
ROC 모멘텀
n=51, threshold=0.02
24.7%-62.7%0.760.39848.3x39752%
Supertrend
period=20, mult=3.1
23.5%-65.4%0.760.36622.9x18353%
볼린저 밴드 돌파
n=70, k=2.1
22.2%-56.4%0.750.39455.5x8537%
ADX / DI 방향성
period=19, threshold=30
12.3%-38.4%0.750.3234.4x7012%
MACD
fast=16, slow=59, signal=19
12.5%-69.1%0.520.1836.5x31252%
Parabolic SAR
step=0.015, maxStep=0.32
6.8%-89.4%0.380.087.5x55353%
Buy and hold20.6%-93.1%0.610.22305.3x1100%
1x 10x 100x 1,000x 1997 2001 2005 2009 2013 2017 2021 2025 EMA 크로스오버Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -23% -47% -70% -93% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdEMA 크로스오버Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -68.0% (2003-10-24 → 2005-07-07), recovered after 2,036 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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