Trend-Following Backtester · Guide · backtest 한국어

equity · US

ConAgra Brands, Inc. backtest

10 trend-following strategies were compared on the full daily history of ConAgra Brands, Inc.. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 96% market exposure makes it hold-like.

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 7.6%, drawdown -69.7%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 7.0%, MDD -71.5%, Sharpe 0.39, 96% 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 96%
n=33, threshold=-0.15
7.0%-71.5%0.390.1022.9x11796%
Donchian 채널 돌파
entryN=12, exitN=174
6.6%-71.4%0.380.0919.6x6990%
SMA 크로스오버
fast=57, slow=276
5.7%-54.7%0.370.1012.8x4463%
ADX / DI 방향성
period=36, threshold=36
0.8%-11.3%0.330.071.5x41%
EMA 크로스오버
fast=75, slow=149
3.6%-67.5%0.280.055.2x6064%
Parabolic SAR
step=0.005, maxStep=0.36
1.2%-50.6%0.160.021.8x38554%
MACD
fast=20, slow=27, signal=27
0.8%-60.2%0.130.011.4x48352%
볼린저 밴드 돌파
n=50, k=3.4
0.5%-39.0%0.120.011.3x367%
Keltner 채널 돌파
emaPeriod=13, atrPeriod=29, mult=3.9
0.3%-34.7%0.090.011.1x242%
Supertrend
period=16, mult=3.1
-0.1%-61.4%0.09-0.001.0x33155%
Buy and hold7.6%-69.7%0.410.1129.7x1100%
1x 10x 1981 1987 1993 1999 2005 2011 2017 2023 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -71% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -71.5% (2019-12-20 → 2026-06-03), prior peak not yet recovered.

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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