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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Enviri Corporation backtest

10 trend-following strategies were compared on the full daily history of Enviri Corporation. 2 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 6.6%, MDD -67.3%).

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

2 of 10 beat buy and hold (CAGR 4.6%, drawdown -94.4%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.6%, MDD -67.3%, Sharpe 0.38, 62% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.0%p higher than buy and hold, while drawdown improves by 27.1%p (CAGR 6.6%, MDD -67.3%, exposure 62%).

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
Donchian 채널 돌파
entryN=45, exitN=56
6.6%-67.3%0.380.1019.5x10962%
SMA 크로스오버
fast=54, slow=115
5.5%-72.6%0.340.0812.2x9959%
EMA 크로스오버
fast=37, slow=41
4.5%-69.1%0.300.077.7x15560%
Supertrend
period=18, mult=5
4.0%-75.2%0.280.056.2x15159%
MACD
fast=23, slow=51, signal=15
2.3%-84.3%0.220.032.9x49850%
Keltner 채널 돌파
emaPeriod=39, atrPeriod=28, mult=1.7
2.3%-64.3%0.210.042.9x33341%
볼린저 밴드 돌파
n=40, k=1.4
1.6%-59.8%0.180.032.1x34542%
ADX / DI 방향성
period=20, threshold=12
1.4%-89.3%0.180.021.9x65654%
ROC 모멘텀
n=122, threshold=0.07
1.1%-70.5%0.160.021.7x46146%
Parabolic SAR
step=0.02, maxStep=0.08
-0.4%-86.8%0.12-0.000.8x79654%
Buy and hold4.6%-94.4%0.320.058.1x1100%
1x 10x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -94% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -67.3% (2007-12-26 → 2016-06-27), recovered after 3,914 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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