Trend-Following Backtester · Guide · backtest 한국어

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NOF Corporation backtest

10 trend-following strategies were compared on the full daily history of NOF Corporation. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 2001-01-01 ~ 2026-07-31daily bars 6,373 (25.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 11.9%, drawdown -71.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 11.5%, MDD -71.8%, Sharpe 0.51, 100% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
ROC 모멘텀
Hold-like · Exposure 100%
n=1, threshold=-0.14
11.5%-71.8%0.510.1616.3x3100%
SMA 크로스오버
fast=55, slow=202
7.8%-55.8%0.450.146.8x3860%
EMA 크로스오버
fast=56, slow=263
6.7%-47.5%0.400.145.2x3468%
Donchian 채널 돌파
entryN=13, exitN=61
5.5%-57.8%0.340.104.0x7785%
Supertrend
period=15, mult=4.7
4.1%-56.4%0.300.072.8x9856%
ADX / DI 방향성
period=32, threshold=36
1.1%-10.8%0.300.101.3x41%
Parabolic SAR
step=0.01, maxStep=0.36
2.4%-69.1%0.220.031.8x32554%
Keltner 채널 돌파
emaPeriod=51, atrPeriod=15, mult=2.7
0.5%-53.2%0.110.011.1x11233%
볼린저 밴드 돌파
n=29, k=2.8
0.1%-58.4%0.060.001.0x7816%
MACD
fast=15, slow=32, signal=16
-3.7%-69.6%-0.08-0.050.4x35551%
Buy and hold11.9%-71.8%0.520.1717.8x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -72% 2002 2006 2010 2014 2018 2022 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -71.8% (2006-02-06 → 2008-10-27), recovered after 3,329 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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