Trend-Following Backtester · Guide · backtest 한국어

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Kimco Realty Corporation (HC) backtest

10 trend-following strategies were compared on the full daily history of Kimco Realty Corporation (HC). 0 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 3.9%, MDD -50.2%).

Data 1991-11-22 ~ 2026-07-31daily bars 8,732 (34.7 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 5.1%, drawdown -87.0%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 3.9%, MDD -50.2%, Sharpe 0.31, 67% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 4.1%, MDD -56.1%, exposure 65%.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 1.2%p lower than buy and hold, while drawdown improves by 36.7%p (CAGR 3.9%, MDD -50.2%, exposure 67%).

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=52, slow=155
3.9%-50.2%0.310.083.8x5167%
SMA 크로스오버
fast=51, slow=171
4.1%-56.1%0.310.074.1x6165%
ROC 모멘텀
n=137, threshold=-0.03
3.9%-54.3%0.290.073.7x22573%
ADX / DI 방향성
period=48, threshold=36
0.3%-4.8%0.280.061.1x20%
Donchian 채널 돌파
entryN=13, exitN=63
3.7%-81.7%0.270.053.5x9983%
볼린저 밴드 돌파
n=19, k=3.4
0.5%-7.5%0.200.071.2x61%
Supertrend
period=12, mult=3.5
1.0%-65.8%0.150.021.4x19959%
Parabolic SAR
step=0.005, maxStep=0.26
-0.3%-68.2%0.09-0.000.9x30358%
Keltner 채널 돌파
emaPeriod=51, atrPeriod=12, mult=2.5
0.4%-50.9%0.090.011.1x16539%
MACD
fast=17, slow=39, signal=22
-0.7%-77.1%0.08-0.010.8x40750%
Buy and hold5.1%-87.0%0.320.065.7x1100%
1x 10x 1992 1997 2002 2007 2012 2017 2022 SMA 크로스오버EMA 크로스오버Buy and hold
EMA 크로스오버 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -43% -65% -87% 1992 1997 2002 2007 2012 2017 2022 Buy and holdSMA 크로스오버EMA 크로스오버
EMA 크로스오버 maximum drawdown -50.2% (2022-04-28 → 2026-03-27), prior peak not yet recovered.

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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