Trend-Following Backtester · Guide · backtest 한국어

equity · US

Savara, Inc. backtest

10 trend-following strategies were compared on the full daily history of Savara, Inc.. 9 beat buy-and-hold CAGR; Parabolic SAR ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 26.2%, MDD -50.3%).

Data 2017-04-28 ~ 2026-07-31daily bars 2,327 (9.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR -5.0%, drawdown -95.8%).

Sharpe leader (same as main): Parabolic SAR — CAGR 30.0%, MDD -70.6%, Sharpe 0.60, 45% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 35.0%p higher than buy and hold, while drawdown improves by 25.2%p (CAGR 26.2%, MDD -50.3%, exposure 26%).

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
Parabolic SAR
step=0.015, maxStep=0.32
30.0%-70.6%0.600.4211.3x15045%
Keltner 채널 돌파
emaPeriod=47, atrPeriod=18, mult=2.6
26.2%-50.3%0.540.528.6x2226%
Supertrend
period=13, mult=2.7
22.0%-72.4%0.510.306.3x6042%
ADX / DI 방향성
period=7, threshold=29
21.8%-72.5%0.500.306.2x16033%
ROC 모멘텀
n=16, threshold=0.08
19.9%-68.4%0.480.295.4x18630%
볼린저 밴드 돌파
n=26, k=2.6
20.2%-66.3%0.470.305.5x4622%
MACD
fast=10, slow=13, signal=12
15.7%-89.1%0.450.183.8x19852%
Donchian 채널 돌파
entryN=28, exitN=7
12.0%-71.9%0.400.172.9x6226%
SMA 크로스오버
fast=10, slow=39
7.8%-82.7%0.380.092.0x6448%
EMA 크로스오버
fast=53, slow=116
-9.8%-95.0%0.10-0.100.4x1746%
Buy and hold-5.0%-95.8%0.37-0.050.6x1100%
0.1 1x 10x 2018 2020 2022 2024 2026 Parabolic SARBuy and hold
Parabolic SAR: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -48% -72% -96% 2018 2020 2022 2024 2026 Buy and holdParabolic SAR
Parabolic SAR maximum drawdown -70.6% (2019-12-30 → 2022-02-22), recovered after 2,160 days.

Rules of the top strategy

Trades around the Parabolic SAR dots that accelerate toward price.

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