Trend-Following Backtester · Guide · backtest 한국어

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아시아나항공 backtest

10 trend-following strategies were compared on the full daily history of 아시아나항공. 6 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 2.5%, MDD -39.6%).

Data 2000-02-11 ~ 2026-07-31daily bars 6,616 (26.5 years)Costs 0.5%Venue XKRXMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR -1.1%, drawdown -82.2%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 5.1%, MDD -56.7%, Sharpe 0.36, 9% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 6.2%p higher than buy and hold, while drawdown improves by 25.6%p (CAGR 2.5%, MDD -39.6%, exposure 10%).

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=26, atrPeriod=16, mult=3.8
5.1%-56.7%0.360.093.7x409%
볼린저 밴드 돌파
n=33, k=3.2
3.6%-59.0%0.270.062.5x6012%
ADX / DI 방향성
period=26, threshold=28
2.5%-39.6%0.240.061.9x3410%
Supertrend
period=19, mult=3.1
2.2%-69.1%0.220.031.8x17842%
Donchian 채널 돌파
entryN=30, exitN=33
1.0%-78.5%0.190.011.3x9847%
ROC 모멘텀
n=117, threshold=0.07
0.4%-68.1%0.150.011.1x19231%
Parabolic SAR
step=0.015, maxStep=0.12
-1.3%-79.4%0.12-0.020.7x39846%
MACD
fast=8, slow=37, signal=13
-1.5%-85.5%0.11-0.020.7x45250%
SMA 크로스오버
fast=14, slow=146
-2.0%-86.0%0.07-0.020.6x8640%
EMA 크로스오버
fast=37, slow=138
-2.6%-83.0%0.05-0.030.5x5838%
Buy and hold-1.1%-82.2%0.20-0.010.7x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Keltner 채널 돌파Buy and hold
Keltner 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -82% 2001 2005 2009 2013 2017 2021 2025 Buy and holdKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -56.7% (2019-04-16 → 2021-09-02), 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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