Trend-Following Backtester · Guide · backtest 한국어

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KDDI Corporation backtest

10 trend-following strategies were compared on the full daily history of KDDI Corporation. 3 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 5.1%, MDD -41.2%).

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

3 of 10 beat buy and hold (CAGR 3.4%, drawdown -86.0%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 5.6%, MDD -55.4%, Sharpe 0.35, 78% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 2.2%p higher than buy and hold, while drawdown improves by 30.6%p (CAGR 5.1%, MDD -41.2%, exposure 59%).

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
n=199, threshold=-0.11
5.6%-55.4%0.350.104.3x12978%
EMA 크로스오버
fast=59, slow=129
5.1%-41.2%0.340.123.8x3759%
SMA 크로스오버
fast=30, slow=257
4.8%-44.8%0.320.113.5x3360%
볼린저 밴드 돌파
n=25, k=3.3
2.2%-14.0%0.310.151.8x286%
ADX / DI 방향성
period=27, threshold=27
2.0%-20.3%0.300.101.7x165%
Donchian 채널 돌파
entryN=84, exitN=61
3.1%-43.9%0.260.072.3x4751%
Supertrend
period=25, mult=5
-2.7%-61.2%-0.00-0.040.5x9752%
MACD
fast=17, slow=39, signal=19
-3.4%-75.8%-0.03-0.040.4x30551%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=18, mult=2.4
-3.0%-66.6%-0.09-0.050.4x13133%
Parabolic SAR
step=0.005, maxStep=0.36
-5.8%-84.0%-0.16-0.070.2x22152%
Buy and hold3.4%-86.0%0.270.042.4x1100%
1x 2001 2005 2009 2013 2017 2021 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 2001 2005 2009 2013 2017 2021 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -55.4% (2007-05-21 → 2011-01-31), recovered after 2,367 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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