Trend-Following Backtester · Guide · backtest 한국어

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Eni S.p.A. backtest

10 trend-following strategies were compared on the full daily history of Eni S.p.A.. 0 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester.

Data 1995-11-29 ~ 2026-07-31daily bars 7,858 (30.7 years)Costs 0.5%Venue MILMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 4.9%, drawdown -79.2%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 3.3%, MDD -58.9%, Sharpe 0.27, 57% exposure.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=72, slow=186
3.3%-58.9%0.270.062.7x4557%
Keltner 채널 돌파
emaPeriod=16, atrPeriod=25, mult=3
0.8%-33.3%0.170.031.3x425%
Donchian 채널 돌파
entryN=41, exitN=66
1.3%-57.9%0.160.021.5x7062%
Supertrend
period=9, mult=5
1.0%-49.8%0.140.021.4x9147%
EMA 크로스오버
fast=49, slow=183
0.4%-76.4%0.110.011.1x5756%
볼린저 밴드 돌파
n=49, k=3.4
0.2%-21.1%0.070.011.1x104%
ADX / DI 방향성
period=28, threshold=33
0.1%-12.6%0.060.011.0x20%
ROC 모멘텀
n=102, threshold=-0.08
-2.0%-85.4%0.00-0.020.5x26579%
MACD
fast=10, slow=47, signal=15
-5.2%-95.1%-0.20-0.050.2x50352%
Parabolic SAR
step=0.03, maxStep=0.12
-7.0%-95.8%-0.29-0.070.1x77355%
Buy and hold4.9%-79.2%0.310.064.4x1100%
1x 1996 2000 2004 2008 2012 2016 2020 2024 SMA 크로스오버Buy and hold
SMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -40% -59% -79% 1996 2000 2004 2008 2012 2016 2020 2024 Buy and holdSMA 크로스오버
SMA 크로스오버 maximum drawdown -58.9% (2005-09-29 → 2019-05-31), prior peak not yet recovered.

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 setupAll asset reports

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