Trend-Following Backtester · Guide · backtest 한국어

equity · US

Palo Alto Networks, Inc. backtest

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

Data 2012-07-20 ~ 2026-07-31daily bars 3,527 (14.0 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 29.4%, drawdown -48.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 17.0%, MDD -41.3%, Sharpe 0.69, 60% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 17.1%, MDD -53.9%, exposure 67%.

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=90, exitN=64
17.0%-41.3%0.690.419.0x1960%
SMA 크로스오버
fast=10, slow=174
17.1%-53.9%0.670.329.2x3167%
EMA 크로스오버
fast=16, slow=173
17.1%-52.3%0.660.339.1x3568%
ROC 모멘텀
n=111, threshold=0.02
13.4%-56.8%0.580.245.9x13362%
MACD
fast=16, slow=28, signal=18
9.6%-40.9%0.490.243.6x18651%
Supertrend
period=9, mult=2.8
10.1%-45.1%0.480.223.9x10962%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=10, mult=3.6
3.6%-21.8%0.440.161.6x125%
볼린저 밴드 돌파
n=50, k=3.3
4.0%-20.2%0.420.201.7x118%
ADX / DI 방향성
period=39, threshold=11
6.5%-59.9%0.390.112.4x11542%
Parabolic SAR
step=0.01, maxStep=0.32
6.7%-56.6%0.380.122.5x19057%
Buy and hold29.4%-48.0%0.860.6137.3x1100%
1x 10x 2013 2015 2017 2019 2021 2023 2025 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -13% -27% -40% -54% 2013 2015 2017 2019 2021 2023 2025 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -41.3% (2018-09-12 → 2020-10-29), recovered after 1,098 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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