Trend-Following Backtester · Guide · backtest 한국어

equity · US

Saia, Inc. backtest

10 trend-following strategies were compared on the full daily history of Saia, Inc.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 13.9%, MDD -55.3%).

Data 2002-09-11 ~ 2026-07-31daily bars 6,010 (23.9 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 16.2%, drawdown -80.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 16.2%, MDD -70.5%, Sharpe 0.60, 71% exposure.

Return/drawdown alternative: Supertrend — CAGR is 0.1%p higher than buy and hold, while drawdown improves by 9.9%p (CAGR 13.9%, MDD -55.3%, exposure 59%).

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=22, exitN=42
16.2%-70.5%0.600.2336.1x7471%
ROC 모멘텀
n=167, threshold=0.05
14.4%-65.3%0.580.2224.6x14157%
Supertrend
period=22, mult=3.3
13.9%-55.3%0.560.2522.5x12859%
볼린저 밴드 돌파
n=25, k=3.5
2.7%-8.7%0.500.321.9x103%
EMA 크로스오버
fast=28, slow=190
10.8%-78.7%0.480.1411.6x3962%
SMA 크로스오버
fast=8, slow=186
10.4%-78.6%0.470.1310.6x6162%
ADX / DI 방향성
period=37, threshold=28
2.4%-13.7%0.370.171.8x144%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=14, mult=1.8
4.2%-70.3%0.290.062.7x16443%
MACD
fast=18, slow=29, signal=16
1.8%-69.8%0.230.031.5x32252%
Parabolic SAR
step=0.005, maxStep=0.14
1.0%-73.3%0.200.011.3x21857%
Buy and hold16.2%-80.4%0.550.2035.8x1100%
1x 10x 2003 2006 2009 2012 2015 2018 2021 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -20% -40% -60% -80% 2003 2006 2009 2012 2015 2018 2021 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -70.5% (2006-10-16 → 2011-11-25), recovered after 2,396 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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