Trend-Following Backtester · Guide · backtest 한국어

equity · US

Zevra Therapeutics, Inc. backtest

10 trend-following strategies were compared on the full daily history of Zevra Therapeutics, Inc.. 10 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 4.2%, MDD -26.4%).

Data 2015-04-16 ~ 2026-07-31daily bars 2,840 (11.3 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -22.9%, drawdown -99.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 4.2%, MDD -26.4%, Sharpe 0.34, 3% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 27.1%p higher than buy and hold, while drawdown improves by 72.8%p (CAGR 4.2%, MDD -26.4%, exposure 3%).

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=100, exitN=1
4.2%-26.4%0.340.161.6x363%
ADX / DI 방향성
period=21, threshold=35
3.7%-30.3%0.320.121.5x62%
Parabolic SAR
step=0.05, maxStep=0.32
1.5%-87.3%0.290.021.2x38846%
Supertrend
period=23, mult=1.8
-5.0%-73.7%0.14-0.070.6x13837%
SMA 크로스오버
fast=47, slow=145
-5.8%-80.0%0.12-0.070.5x2336%
볼린저 밴드 돌파
n=30, k=0.9
-7.1%-82.8%0.10-0.090.4x13837%
MACD
fast=18, slow=24, signal=15
-10.4%-92.2%0.09-0.110.3x14453%
ROC 모멘텀
n=82, threshold=0.03
-7.9%-88.3%0.07-0.090.4x12238%
Keltner 채널 돌파
emaPeriod=12, atrPeriod=17, mult=3.6
0.0%-33.7%0.060.001.0x82%
EMA 크로스오버
fast=36, slow=39
-13.6%-89.8%-0.01-0.150.2x3940%
Buy and hold-22.9%-99.3%0.11-0.230.1x1100%
0.1 1x 2016 2018 2020 2022 2024 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -74% -99% 2016 2018 2020 2022 2024 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -26.4% (2018-01-23 → 2018-03-29), recovered after 934 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 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 setupAll asset reports

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