Trend-Following Backtester · Guide · backtest 한국어

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Webuild SpA backtest

10 trend-following strategies were compared on the full daily history of Webuild SpA. 10 beat buy-and-hold CAGR; Supertrend ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 2.4%, MDD -24.2%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,790 (26.6 years)Costs 0.5%Venue MILMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -1.2%, drawdown -90.0%).

Sharpe leader (same as main): Supertrend — CAGR 6.3%, MDD -62.0%, Sharpe 0.36, 52% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 7.6%p higher than buy and hold, while drawdown improves by 28.0%p (CAGR 2.4%, MDD -24.2%, exposure 6%).

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
Supertrend
period=19, mult=4.9
6.3%-62.0%0.360.105.1x8052%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=11, mult=3.6
2.4%-24.2%0.310.101.9x286%
ROC 모멘텀
n=103, threshold=0.14
3.8%-51.4%0.290.072.7x17829%
EMA 크로스오버
fast=32, slow=42
2.7%-69.1%0.240.042.0x9250%
SMA 크로스오버
fast=9, slow=63
2.5%-78.9%0.230.031.9x13852%
볼린저 밴드 돌파
n=55, k=2
2.5%-57.1%0.230.041.9x9634%
Donchian 채널 돌파
entryN=93, exitN=24
2.1%-45.7%0.210.051.7x6629%
ADX / DI 방향성
period=28, threshold=19
2.1%-41.8%0.210.051.7x9421%
Parabolic SAR
step=0.01, maxStep=0.28
0.1%-84.9%0.140.001.0x34753%
MACD
fast=14, slow=59, signal=7
-1.1%-71.4%0.10-0.020.7x43951%
Buy and hold-1.2%-90.0%0.17-0.010.7x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SupertrendBuy and hold
Supertrend: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -45% -68% -90% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSupertrend
Supertrend maximum drawdown -62.0% (2003-12-05 → 2005-02-02), recovered after 1,627 days.

Rules of the top strategy

Trades the direction of a volatility-based trend line that trails below/above price.

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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