Trend-Following Backtester · Guide · backtest 한국어

equity · US

Becton, Dickinson and Company backtest

10 trend-following strategies were compared on the full daily history of Becton, Dickinson and Company. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 97% market exposure makes it hold-like.

Data 1973-02-21 ~ 2026-07-31daily bars 13,474 (53.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 8.8%, drawdown -52.3%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 7.1%, MDD -67.6%, Sharpe 0.40, 97% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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
ROC 모멘텀
Hold-like · Exposure 97%
n=35, threshold=-0.15
7.1%-67.6%0.400.1039.0x12597%
SMA 크로스오버
fast=67, slow=257
5.4%-55.3%0.370.1016.6x6463%
Donchian 채널 돌파
entryN=31, exitN=174
5.8%-58.5%0.360.1019.9x5990%
ADX / DI 방향성
period=37, threshold=24
1.9%-18.7%0.330.102.7x347%
EMA 크로스오버
fast=67, slow=212
2.9%-76.7%0.240.044.6x7666%
볼린저 밴드 돌파
n=49, k=3.2
1.1%-37.9%0.180.031.8x6011%
Supertrend
period=18, mult=4.7
-1.1%-79.6%0.03-0.010.6x21359%
MACD
fast=24, slow=38, signal=24
-2.0%-77.1%-0.03-0.030.3x51951%
Keltner 채널 돌파
emaPeriod=32, atrPeriod=10, mult=3.6
-0.8%-61.8%-0.06-0.010.6x12013%
Parabolic SAR
step=0.005, maxStep=0.38
-5.1%-94.5%-0.20-0.050.1x48555%
Buy and hold8.8%-52.3%0.460.1792.6x1100%
1x 10x 100x 1974 1981 1988 1995 2002 2009 2016 2023 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -34% -51% -68% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -67.6% (1998-07-17 → 2000-09-26), recovered after 3,001 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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