Trend-Following Backtester · Guide · backtest 한국어

equity · KR

기아 backtest

10 trend-following strategies were compared on the full daily history of 기아. 0 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 9.4%, MDD -43.7%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,644 (26.6 years)Costs 0.5%Venue XKRXMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 11.3%, drawdown -79.1%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 9.4%, MDD -43.7%, Sharpe 0.51, 31% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 10.8%, MDD -61.6%, exposure 52%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 1.8%p lower than buy and hold, while drawdown improves by 35.4%p (CAGR 9.4%, MDD -43.7%, exposure 31%).

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=70, k=2.2
9.4%-43.7%0.510.2211.0x6831%
SMA 크로스오버
fast=35, slow=154
10.8%-61.6%0.490.1815.3x5052%
Donchian 채널 돌파
entryN=88, exitN=41
9.7%-55.9%0.490.1711.6x4839%
ADX / DI 방향성
period=32, threshold=17
8.3%-45.1%0.490.188.2x8423%
Keltner 채널 돌파
emaPeriod=49, atrPeriod=12, mult=3.2
8.3%-49.0%0.480.178.4x7226%
ROC 모멘텀
n=85, threshold=0.09
8.4%-61.4%0.440.148.4x22038%
EMA 크로스오버
fast=17, slow=213
9.0%-62.4%0.440.149.8x5854%
MACD
fast=15, slow=62, signal=21
6.5%-52.3%0.360.125.3x26651%
Supertrend
period=24, mult=4
5.9%-74.5%0.340.084.5x11252%
Parabolic SAR
step=0.005, maxStep=0.16
-0.4%-66.6%0.13-0.010.9x22651%
Buy and hold11.3%-79.1%0.470.1417.1x1100%
1x 10x 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% -20% -40% -59% -79% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -43.7% (2011-04-26 → 2020-07-22), recovered after 3,509 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

Read next