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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Capricor Therapeutics, Inc. backtest

10 trend-following strategies were compared on the full daily history of Capricor Therapeutics, Inc.. 10 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester.

Data 2007-02-13 ~ 2026-07-31daily bars 4,897 (19.5 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -21.7%, drawdown -100.0%).

Sharpe leader (same as main): MACD — CAGR 11.2%, MDD -98.3%, Sharpe 0.48, 51% exposure.

CAGR reference leader: Keltner 채널 돌파 — CAGR 16.5%, MDD -92.4%, exposure 15%.

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
MACD
fast=16, slow=26, signal=15
11.2%-98.3%0.480.117.9x24051%
Parabolic SAR
step=0.01, maxStep=0.14
14.2%-92.8%0.460.1513.2x19242%
볼린저 밴드 돌파
n=35, k=2.3
16.2%-91.9%0.460.1818.5x8420%
ADX / DI 방향성
period=9, threshold=22
11.2%-90.8%0.440.127.9x32635%
Keltner 채널 돌파
emaPeriod=14, atrPeriod=23, mult=1.6
16.5%-92.4%0.420.1819.4x11815%
Supertrend
period=29, mult=3.6
6.9%-93.9%0.400.073.6x8035%
SMA 크로스오버
fast=10, slow=44
3.7%-93.7%0.370.042.0x14438%
Donchian 채널 돌파
entryN=19, exitN=50
-8.6%-99.6%0.34-0.090.2x7858%
EMA 크로스오버
fast=17, slow=38
0.6%-95.3%0.340.011.1x10435%
ROC 모멘텀
n=31, threshold=-0.03
-9.3%-99.2%0.30-0.090.1x41446%
Buy and hold-21.7%-100.0%0.43-0.220.0x1100%
0.01 0.1 1x 10x 2008 2011 2014 2017 2020 2023 2026 Keltner 채널 돌파MACDBuy and hold
MACD (Sharpe leader), Keltner 채널 돌파 (CAGR reference), Buy and hold.
0% -25% -50% -75% -100% 2008 2011 2014 2017 2020 2023 2026 Buy and holdKeltner 채널 돌파MACD
MACD maximum drawdown -98.3% (2007-10-10 → 2012-12-17), recovered after 5,922 days.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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 setupMore US assetsAll asset reports

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