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Trend-Following Backtester · Guide · backtest 한국어

equity · US

NexPoint Residential Trust, Inc. backtest

10 trend-following strategies were compared on the full daily history of NexPoint Residential Trust, Inc.. 7 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 8.8%, MDD -12.8%).

Data 2015-03-19 ~ 2026-07-31daily bars 2,859 (11.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 5.3%, drawdown -74.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 8.8%, MDD -12.8%, Sharpe 0.81, 18% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 13.7%, MDD -32.9%, exposure 54%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 3.5%p higher than buy and hold, while drawdown improves by 61.7%p (CAGR 8.8%, MDD -12.8%, exposure 18%).

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
볼린저 밴드 돌파
n=54, k=3.1
8.8%-12.8%0.810.692.6x1018%
SMA 크로스오버
fast=10, slow=167
13.7%-32.9%0.730.424.3x2454%
Donchian 채널 돌파
entryN=94, exitN=44
11.4%-28.2%0.700.403.4x1642%
EMA 크로스오버
fast=30, slow=178
13.1%-37.9%0.660.354.1x855%
ROC 모멘텀
n=117, threshold=0.05
10.9%-30.7%0.650.353.2x7249%
Keltner 채널 돌파
emaPeriod=56, atrPeriod=8, mult=3.9
7.3%-24.1%0.600.302.2x1824%
Supertrend
period=27, mult=4.8
9.5%-49.6%0.530.192.8x2860%
Parabolic SAR
step=0.005, maxStep=0.32
4.2%-46.7%0.300.091.6x10856%
ADX / DI 방향성
period=36, threshold=18
2.6%-29.0%0.290.091.3x1817%
MACD
fast=18, slow=26, signal=13
-0.1%-56.7%0.10-0.001.0x16849%
Buy and hold5.3%-74.4%0.320.071.8x1100%
1x 2016 2018 2020 2022 2024 2026 SMA 크로스오버볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -19% -37% -56% -74% 2016 2018 2020 2022 2024 2026 Buy and holdSMA 크로스오버볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -12.8% (2018-10-30 → 2019-05-20), recovered after 282 days.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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.
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