Trend-Following Backtester · Guide · backtest 한국어

equity · US

Privia Health Group, Inc. backtest

10 trend-following strategies were compared on the full daily history of Privia Health Group, Inc.. 3 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 7.4%, MDD -33.1%).

Data 2021-04-28 ~ 2026-07-31daily bars 1,321 (5.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 0.5%, drawdown -67.3%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 7.4%, MDD -33.1%, Sharpe 0.50, 16% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 6.9%p higher than buy and hold, while drawdown improves by 34.2%p (CAGR 7.4%, MDD -33.1%, exposure 16%).

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
볼린저 밴드 돌파
n=11, k=2.3
7.4%-33.1%0.500.221.5x3216%
Keltner 채널 돌파
emaPeriod=16, atrPeriod=13, mult=1.5
3.5%-40.4%0.270.091.2x3421%
SMA 크로스오버
fast=56, slow=105
2.2%-45.6%0.220.051.1x1137%
ADX / DI 방향성
period=10, threshold=23
0.1%-49.6%0.140.001.0x7632%
Supertrend
period=13, mult=2.3
-2.3%-59.6%0.09-0.040.9x4846%
Donchian 채널 돌파
entryN=51, exitN=67
-3.0%-46.4%0.05-0.060.9x949%
MACD
fast=19, slow=53, signal=18
-9.0%-70.4%-0.13-0.130.6x5046%
ROC 모멘텀
n=146, threshold=0.1
-5.2%-43.0%-0.16-0.120.8x3823%
EMA 크로스오버
fast=39, slow=104
-9.8%-58.1%-0.32-0.170.6x1534%
Parabolic SAR
step=0.025, maxStep=0.24
-16.8%-80.8%-0.38-0.210.4x13649%
Buy and hold0.5%-67.3%0.270.011.0x1100%
1x 2022 2023 2024 2025 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -34% -50% -67% 2022 2023 2024 2025 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -33.1% (2022-08-05 → 2023-12-15), prior peak not yet recovered.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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

Read next