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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Evolent Health, Inc backtest

10 trend-following strategies were compared on the full daily history of Evolent Health, Inc. 10 beat buy-and-hold CAGR; MACD ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 6.8%, MDD -29.9%).

Data 2015-06-05 ~ 2026-07-31daily bars 2,805 (11.2 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -15.0%, drawdown -94.5%).

Sharpe leader (same as main): MACD — CAGR 17.8%, MDD -75.0%, Sharpe 0.59, 54% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 32.8%p higher than buy and hold, while drawdown improves by 19.6%p (CAGR 6.8%, MDD -29.9%, exposure 11%).

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
MACD
fast=17, slow=72, signal=22
17.8%-75.0%0.590.246.2x7054%
Supertrend
period=21, mult=3.8
14.4%-60.2%0.540.244.5x4648%
Keltner 채널 돌파
emaPeriod=16, atrPeriod=32, mult=2.8
6.8%-29.9%0.450.232.1x2411%
Donchian 채널 돌파
entryN=59, exitN=32
9.7%-56.1%0.450.172.8x3041%
볼린저 밴드 돌파
n=54, k=0.8
8.8%-64.1%0.420.142.6x6442%
ROC 모멘텀
n=70, threshold=0.07
5.5%-77.6%0.330.071.8x10143%
EMA 크로스오버
fast=12, slow=22
4.2%-73.5%0.310.061.6x9650%
ADX / DI 방향성
period=27, threshold=22
3.5%-38.5%0.270.091.5x3614%
SMA 크로스오버
fast=30, slow=77
2.2%-73.8%0.260.031.3x2949%
Parabolic SAR
step=0.005, maxStep=0.28
1.9%-76.2%0.250.021.2x9649%
Buy and hold-15.0%-94.5%0.07-0.160.2x1100%
1x 10x 2016 2018 2020 2022 2024 2026 MACDBuy and hold
MACD: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -95% 2016 2018 2020 2022 2024 2026 Buy and holdMACD
MACD maximum drawdown -75.0% (2023-03-03 → 2026-04-10), prior peak not yet recovered.

Rules of the top strategy

Looks at the gap (MACD) between a short and long average crossing its own signal line.

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 setupMore US assetsAll asset reports

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