Trend-Following Backtester · Guide · backtest 한국어

equity · JP

Rakuten Group, Inc. backtest

10 trend-following strategies were compared on the full daily history of Rakuten Group, Inc.. 9 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 5.5%, MDD -42.4%).

Data 2000-04-19 ~ 2026-07-31daily bars 6,556 (26.3 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 1.2%, drawdown -96.1%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 6.7%, MDD -43.7%, Sharpe 0.40, 15% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 8.1%, MDD -58.6%, exposure 50%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.4%p higher than buy and hold, while drawdown improves by 52.3%p (CAGR 5.5%, MDD -42.4%, exposure 16%).

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=44, atrPeriod=13, mult=4
6.7%-43.7%0.400.155.4x4415%
SMA 크로스오버
fast=14, slow=131
8.1%-58.6%0.400.147.8x7550%
Donchian 채널 돌파
entryN=76, exitN=50
7.9%-62.1%0.400.137.3x4642%
EMA 크로스오버
fast=38, slow=141
6.5%-71.3%0.350.095.2x4648%
볼린저 밴드 돌파
n=31, k=2.8
5.5%-42.4%0.350.134.1x7616%
Parabolic SAR
step=0.005, maxStep=0.14
5.3%-69.3%0.320.083.9x19350%
ROC 모멘텀
n=83, threshold=-0.03
3.8%-82.5%0.280.052.7x27357%
Supertrend
period=18, mult=3.7
3.3%-70.2%0.270.052.4x13751%
ADX / DI 방향성
period=33, threshold=12
2.7%-57.1%0.240.052.0x20836%
MACD
fast=15, slow=51, signal=23
-1.2%-84.2%0.15-0.010.7x28351%
Buy and hold1.2%-96.1%0.280.011.4x1100%
0.1 1x 10x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버Keltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -24% -48% -72% -96% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버Keltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -43.7% (2013-05-13 → 2019-03-05), prior peak not yet recovered.

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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