Trend-Following Backtester · Guide · backtest 한국어

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Eisai Co., Ltd. backtest

10 trend-following strategies were compared on the full daily history of Eisai Co., Ltd.. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester.

Data 2000-01-04 ~ 2026-07-31daily bars 6,632 (26.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 3.6%, drawdown -72.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 2.2%, MDD -39.1%, Sharpe 0.23, 12% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 2.5%, MDD -56.2%, exposure 54%.

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
볼린저 밴드 돌파
n=53, k=3.2
2.2%-39.1%0.230.061.8x3012%
SMA 크로스오버
fast=35, slow=177
2.5%-56.2%0.220.041.9x4054%
ADX / DI 방향성
period=29, threshold=41
0.9%-17.8%0.190.051.3x21%
Supertrend
period=29, mult=3
1.7%-54.2%0.190.031.5x20147%
EMA 크로스오버
fast=44, slow=152
1.6%-63.7%0.190.031.5x4453%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=16, mult=4
1.5%-55.2%0.170.031.5x6118%
Donchian 채널 돌파
entryN=88, exitN=47
0.5%-55.8%0.130.011.1x5441%
ROC 모멘텀
n=140, threshold=-0.02
-0.7%-67.0%0.10-0.010.8x21159%
Parabolic SAR
step=0.005, maxStep=0.28
-2.3%-79.2%0.02-0.030.5x21548%
MACD
fast=18, slow=24, signal=13
-6.1%-91.2%-0.14-0.070.2x40350%
Buy and hold3.6%-72.4%0.270.052.6x1100%
1x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -18% -36% -54% -72% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -39.1% (2000-04-21 → 2014-12-16), recovered after 5,438 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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