Trend-Following Backtester · Guide · backtest 한국어

equity · US

Hims & Hers Health, Inc. backtest

10 trend-following strategies were compared on the full daily history of Hims & Hers Health, Inc.. 10 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 20.8%, MDD -33.0%).

Data 2019-09-13 ~ 2026-07-31daily bars 1,729 (6.9 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR 16.3%, drawdown -87.3%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 41.4%, MDD -53.4%, Sharpe 0.88, 51% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 25.1%p higher than buy and hold, while drawdown improves by 33.9%p (CAGR 20.8%, MDD -33.0%, exposure 17%).

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
EMA 크로스오버
fast=4, slow=57
41.4%-53.4%0.880.7710.8x4051%
ROC 모멘텀
n=115, threshold=-0.11
41.0%-63.5%0.850.6510.6x1764%
ADX / DI 방향성
period=37, threshold=11
40.4%-65.8%0.850.6110.3x4859%
MACD
fast=16, slow=23, signal=16
37.9%-75.6%0.840.509.1x8253%
Supertrend
period=24, mult=1.7
34.0%-62.5%0.810.547.5x10244%
Parabolic SAR
step=0.02, maxStep=0.32
35.3%-64.2%0.800.558.0x14249%
볼린저 밴드 돌파
n=11, k=2.4
20.8%-33.0%0.730.633.7x4617%
SMA 크로스오버
fast=47, slow=128
29.5%-65.7%0.730.455.9x1552%
Keltner 채널 돌파
emaPeriod=21, atrPeriod=25, mult=1.1
24.5%-61.6%0.680.404.5x8237%
Donchian 채널 돌파
entryN=56, exitN=77
16.9%-67.9%0.560.252.9x1359%
Buy and hold16.3%-87.3%0.580.192.8x1100%
1x 10x 2020 2021 2022 2023 2024 2025 2026 EMA 크로스오버Buy and hold
EMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -65% -87% 2020 2021 2022 2023 2024 2025 2026 Buy and holdEMA 크로스오버
EMA 크로스오버 maximum drawdown -53.4% (2021-02-08 → 2022-06-22), recovered after 732 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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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