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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Monster Beverage Corporation backtest

10 trend-following strategies were compared on the full daily history of Monster Beverage Corporation. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 13.9%, MDD -57.2%).

Data 1985-12-09 ~ 2026-07-31daily bars 10,239 (40.6 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 17.0%, drawdown -96.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 13.9%, MDD -57.2%, Sharpe 0.55, 42% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 14.1%, MDD -80.5%, exposure 61%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 3.1%p lower than buy and hold, while drawdown improves by 39.1%p (CAGR 13.9%, MDD -57.2%, exposure 42%).

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=95, exitN=37
13.9%-57.2%0.550.24198.5x6842%
SMA 크로스오버
fast=62, slow=206
14.1%-80.5%0.510.17212.0x5361%
볼린저 밴드 돌파
n=71, k=3
11.3%-51.2%0.480.2276.4x4418%
Keltner 채널 돌파
emaPeriod=93, atrPeriod=19, mult=3.3
10.5%-70.6%0.470.1558.0x9235%
EMA 크로스오버
fast=30, slow=75
9.9%-83.3%0.430.1246.9x11160%
ADX / DI 방향성
period=28, threshold=7
6.9%-91.9%0.400.0715.0x41366%
Supertrend
period=27, mult=3.6
5.8%-95.8%0.350.0610.1x15554%
Parabolic SAR
step=0.005, maxStep=0.24
4.9%-94.4%0.340.056.9x28956%
MACD
fast=23, slow=49, signal=19
1.5%-83.3%0.300.021.8x39851%
ROC 모멘텀
n=131, threshold=0.01
-1.3%-98.3%0.20-0.010.6x39759%
Buy and hold17.0%-96.4%0.570.18589.2x1100%
0.1 1x 10x 100x 1,000x 1986 1992 1998 2004 2010 2016 2022 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -24% -48% -72% -96% 1986 1992 1998 2004 2010 2016 2022 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -57.2% (2018-01-26 → 2026-07-21), prior peak not yet recovered.

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 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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