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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Puma Biotechnology Inc backtest

10 trend-following strategies were compared on the full daily history of Puma Biotechnology Inc. 10 beat buy-and-hold CAGR; Keltner 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 12.1%, MDD -52.6%).

Data 2012-04-24 ~ 2026-07-31daily bars 3,588 (14.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -3.9%, drawdown -99.4%).

Sharpe leader (same as main): Keltner 채널 돌파 — CAGR 12.1%, MDD -52.6%, Sharpe 0.53, 15% exposure.

CAGR reference leader: MACD — CAGR 19.8%, MDD -83.4%, exposure 51%.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 16.0%p higher than buy and hold, while drawdown improves by 46.8%p (CAGR 12.1%, MDD -52.6%, exposure 15%).

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
Keltner 채널 돌파
emaPeriod=29, atrPeriod=26, mult=3.7
12.1%-52.6%0.530.235.1x2615%
MACD
fast=15, slow=44, signal=17
19.8%-83.4%0.470.2413.2x15251%
Donchian 채널 돌파
entryN=34, exitN=36
7.7%-89.5%0.400.092.9x4550%
SMA 크로스오버
fast=50, slow=68
6.5%-94.2%0.380.072.4x5749%
ROC 모멘텀
n=29, threshold=-0.02
8.4%-92.9%0.360.093.2x26751%
Supertrend
period=29, mult=2.4
7.0%-84.8%0.340.082.6x12944%
볼린저 밴드 돌파
n=31, k=1.3
5.4%-76.6%0.340.072.1x11235%
ADX / DI 방향성
period=19, threshold=20
2.6%-89.6%0.280.031.4x12632%
EMA 크로스오버
fast=5, slow=177
2.5%-89.4%0.270.031.4x4540%
Parabolic SAR
step=0.005, maxStep=0.08
-2.3%-93.4%0.24-0.020.7x11246%
Buy and hold-3.9%-99.4%0.35-0.040.6x1100%
1x 10x 2013 2015 2017 2019 2021 2023 2025 MACDKeltner 채널 돌파Buy and hold
Keltner 채널 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -25% -50% -75% -99% 2013 2015 2017 2019 2021 2023 2025 Buy and holdMACDKeltner 채널 돌파
Keltner 채널 돌파 maximum drawdown -52.6% (2017-11-08 → 2022-11-09), recovered after 2,287 days.

Rules of the top strategy

Breaking above the channel top (average plus a multiple of volatility) signals an upside breakout.

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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