Trend-Following Backtester · Guide · backtest 한국어

equity · US

Hormel Foods Corporation backtest

10 trend-following strategies were compared on the full daily history of Hormel Foods Corporation. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% 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 10.3%, drawdown -64.0%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 10.1%, MDD -64.0%, Sharpe 0.50, 100% 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 100%
n=2, threshold=-0.13
10.1%-64.0%0.500.1685.2x7100%
Donchian 채널 돌파
entryN=13, exitN=66
8.4%-66.4%0.470.1341.3x12585%
SMA 크로스오버
fast=50, slow=430
7.5%-43.4%0.450.1728.5x3471%
EMA 크로스오버
fast=52, slow=194
5.2%-45.8%0.350.1110.4x6368%
Supertrend
period=10, mult=3.4
3.1%-47.3%0.260.074.2x28459%
Parabolic SAR
step=0.005, maxStep=0.16
2.4%-60.6%0.220.043.0x36055%
Keltner 채널 돌파
emaPeriod=18, atrPeriod=23, mult=3.5
1.4%-32.2%0.210.041.9x10611%
MACD
fast=23, slow=55, signal=21
1.1%-87.9%0.150.011.6x44952%
볼린저 밴드 돌파
n=43, k=2.7
0.7%-55.6%0.120.011.4x15123%
ADX / DI 방향성
period=34, threshold=37
0.2%-13.2%0.100.011.1x41%
Buy and hold10.3%-64.0%0.510.1695.8x1100%
1x 10x 100x 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% -16% -32% -48% -64% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -64.0% (2022-04-21 → 2026-05-15), 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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