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Trend-Following Backtester · Guide · backtest 한국어

equity · US

Park Aerospace Corp. backtest

10 trend-following strategies were compared on the full daily history of Park Aerospace Corp.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. Its 97% 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

1 of 10 beat buy and hold (CAGR 7.8%, drawdown -79.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.1%, MDD -74.6%, Sharpe 0.40, 97% 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
Donchian 채널 돌파
Hold-like · Exposure 97%
entryN=1, exitN=168
8.1%-74.6%0.400.1137.8x20197%
볼린저 밴드 돌파
n=67, k=3.5
3.9%-44.8%0.340.096.0x4614%
SMA 크로스오버
fast=30, slow=113
5.6%-93.9%0.340.0612.6x11756%
EMA 크로스오버
fast=53, slow=71
4.2%-93.1%0.290.056.8x10955%
ADX / DI 방향성
period=36, threshold=27
1.8%-45.5%0.230.042.3x405%
Supertrend
period=17, mult=5
1.5%-95.4%0.190.022.0x18754%
ROC 모멘텀
n=133, threshold=0.07
1.1%-96.4%0.170.011.6x41343%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=17, mult=3.2
1.0%-91.2%0.150.011.6x17427%
MACD
fast=15, slow=28, signal=13
-0.9%-95.0%0.10-0.010.7x69650%
Parabolic SAR
step=0.01, maxStep=0.14
-2.9%-96.6%0.02-0.030.3x58151%
Buy and hold7.8%-79.3%0.390.1032.5x1100%
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% -20% -40% -59% -79% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -74.6% (2000-11-06 → 2022-10-12), prior peak not yet recovered.

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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