Trend-Following Backtester · Guide · backtest 한국어

equity · US

Surgery Partners, Inc. backtest

10 trend-following strategies were compared on the full daily history of Surgery Partners, Inc.. 9 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 11.0%, MDD -19.9%).

Data 2015-09-30 ~ 2026-07-31daily bars 2,724 (10.8 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -2.0%, drawdown -82.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 15.0%, MDD -26.7%, Sharpe 0.77, 16% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 17.0%p higher than buy and hold, while drawdown improves by 56.1%p (CAGR 11.0%, MDD -19.9%, exposure 9%).

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=55, k=3.2
15.0%-26.7%0.770.564.6x916%
ADX / DI 방향성
period=39, threshold=23
11.0%-19.9%0.700.553.1x109%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=12, mult=4
11.6%-38.7%0.620.303.3x1317%
SMA 크로스오버
fast=5, slow=72
9.0%-65.3%0.420.142.6x6150%
Donchian 채널 돌파
entryN=71, exitN=46
7.9%-49.8%0.410.162.3x1932%
Supertrend
period=26, mult=4.9
7.9%-69.3%0.390.112.3x3355%
EMA 크로스오버
fast=10, slow=50
3.9%-73.7%0.290.051.5x6149%
ROC 모멘텀
n=57, threshold=-0.01
3.5%-66.9%0.280.051.5x10351%
MACD
fast=16, slow=37, signal=14
0.5%-75.6%0.230.011.1x15650%
Parabolic SAR
step=0.005, maxStep=0.34
-2.2%-76.6%0.15-0.030.8x9652%
Buy and hold-2.0%-82.9%0.29-0.020.8x1100%
1x 2016 2018 2020 2022 2024 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -41% -62% -83% 2016 2018 2020 2022 2024 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -26.7% (2020-02-20 → 2020-08-21), recovered after 257 days.

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

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