Trend-Following Backtester · Guide · backtest 한국어

equity · US

J.B. Hunt Transport Services, Inc. backtest

10 trend-following strategies were compared on the full daily history of J.B. Hunt Transport Services, Inc.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1983-11-22 ~ 2026-07-31daily bars 10,755 (42.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.9%, drawdown -72.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.7%, MDD -60.4%, Sharpe 0.43, 76% exposure.

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
Donchian 채널 돌파
entryN=47, exitN=105
8.7%-60.4%0.430.1435.7x6776%
SMA 크로스오버
fast=59, slow=100
5.6%-70.9%0.340.0810.3x11760%
Supertrend
period=4, mult=3.4
5.5%-56.6%0.340.1010.0x24554%
EMA 크로스오버
fast=57, slow=62
5.5%-72.2%0.330.089.9x10162%
ADX / DI 방향성
period=40, threshold=18
2.7%-34.2%0.260.083.2x10017%
ROC 모멘텀
n=106, threshold=-0.02
1.9%-82.5%0.210.022.2x36965%
볼린저 밴드 돌파
n=42, k=2.8
2.0%-72.1%0.200.032.3x11419%
Keltner 채널 돌파
emaPeriod=38, atrPeriod=11, mult=3.9
1.3%-47.5%0.160.031.7x7213%
Parabolic SAR
step=0.005, maxStep=0.2
0.3%-79.7%0.140.001.1x35456%
MACD
fast=11, slow=25, signal=12
-3.8%-90.0%-0.02-0.040.2x78450%
Buy and hold12.9%-72.1%0.510.18175.4x1100%
1x 10x 100x 1984 1990 1996 2002 2008 2014 2020 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -72% 1984 1990 1996 2002 2008 2014 2020 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -60.4% (1988-10-10 → 1990-11-16), recovered after 3,434 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

Method and caveats

Past performance does not guarantee future returns. Parameters were carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupAll asset reports

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