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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Ranpak Holdings Corp backtest

10 trend-following strategies were compared on the full daily history of Ranpak Holdings Corp. 10 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 13.0%, MDD -41.9%).

Data 2018-03-13 ~ 2026-07-31daily bars 2,108 (8.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -7.2%, drawdown -93.6%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 27.2%, MDD -49.8%, Sharpe 0.75, 59% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 34.4%p higher than buy and hold, while drawdown improves by 43.8%p (CAGR 13.0%, MDD -41.9%, exposure 43%).

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
n=28, threshold=-0.01
27.2%-49.8%0.750.547.5x11459%
볼린저 밴드 돌파
n=25, k=1.1
22.5%-45.5%0.750.505.5x8443%
SMA 크로스오버
fast=12, slow=46
23.8%-45.4%0.740.536.0x4256%
Supertrend
period=28, mult=2.7
23.2%-42.3%0.710.555.7x6847%
EMA 크로스오버
fast=11, slow=19
22.1%-46.6%0.700.475.3x7455%
Donchian 채널 돌파
entryN=28, exitN=19
20.5%-53.9%0.680.384.8x3847%
Parabolic SAR
step=0.01, maxStep=0.3
20.4%-58.1%0.650.354.7x10050%
MACD
fast=16, slow=56, signal=18
20.3%-80.2%0.640.254.7x7450%
Keltner 채널 돌파
emaPeriod=36, atrPeriod=18, mult=1.4
13.0%-41.9%0.530.312.8x6243%
ADX / DI 방향성
period=14, threshold=14
13.6%-61.2%0.520.222.9x13251%
Buy and hold-7.2%-93.6%0.21-0.080.5x1100%
1x 10x 2019 2020 2021 2022 2023 2024 2025 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -47% -70% -94% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -49.8% (2024-08-01 → 2025-08-01), recovered after 692 days.

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 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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