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Trend-Following Backtester · Guide · backtest 한국어

equity · US

CuriosityStream Inc. backtest

10 trend-following strategies were compared on the full daily history of CuriosityStream Inc.. 10 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 24.8%, MDD -47.8%).

Data 2020-01-08 ~ 2026-07-31daily bars 1,649 (6.6 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -19.4%, drawdown -98.0%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 24.8%, MDD -47.8%, Sharpe 0.68, 33% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 44.2%p higher than buy and hold, while drawdown improves by 50.3%p (CAGR 24.8%, MDD -47.8%, exposure 33%).

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=139, threshold=0.15
24.8%-47.8%0.680.524.3x1033%
볼린저 밴드 돌파
n=34, k=2.5
21.7%-57.6%0.620.383.6x2218%
SMA 크로스오버
fast=57, slow=207
19.8%-63.4%0.600.313.3x834%
Supertrend
period=25, mult=4.7
15.1%-71.0%0.520.212.5x1833%
EMA 크로스오버
fast=45, slow=120
12.9%-62.3%0.490.212.2x637%
Donchian 채널 돌파
entryN=118, exitN=38
9.3%-53.8%0.420.171.8x1021%
Keltner 채널 돌파
emaPeriod=33, atrPeriod=20, mult=2
7.8%-61.5%0.380.131.6x3019%
ADX / DI 방향성
period=12, threshold=26
6.6%-66.9%0.360.101.5x5223%
Parabolic SAR
step=0.02, maxStep=0.34
4.1%-80.7%0.340.051.3x12243%
MACD
fast=11, slow=50, signal=14
-5.1%-88.9%0.21-0.060.7x8049%
Buy and hold-19.4%-98.0%0.12-0.200.2x1100%
0.1 1x 2021 2022 2023 2024 2025 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -49% -74% -98% 2021 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -47.8% (2025-06-03 → 2025-11-17), prior peak not yet recovered.

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 setupMore US assetsAll asset reports

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