Trend-Following Backtester · Guide · backtest 한국어

equity · US

PVH Corp. backtest

10 trend-following strategies were compared on the full daily history of PVH Corp.. 1 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 7.7%, MDD -57.8%).

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 9.6%, drawdown -85.9%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.9%, MDD -78.2%, Sharpe 0.47, 79% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 1.3%p higher than buy and hold, while drawdown improves by 7.7%p (CAGR 7.7%, MDD -57.8%, exposure 59%).

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=31, exitN=91
10.9%-78.2%0.470.14119.0x8579%
SMA 크로스오버
fast=14, slow=97
7.7%-57.8%0.400.1331.1x15859%
Supertrend
period=9, mult=5
7.6%-70.3%0.400.1130.0x16862%
EMA 크로스오버
fast=32, slow=194
7.3%-74.0%0.390.1026.2x8763%
볼린저 밴드 돌파
n=55, k=1.8
5.5%-53.9%0.350.1012.2x21643%
Keltner 채널 돌파
emaPeriod=68, atrPeriod=14, mult=1.3
4.2%-72.6%0.290.066.8x29951%
ROC 모멘텀
n=136, threshold=-0.03
4.0%-80.8%0.280.056.2x35966%
Parabolic SAR
step=0.005, maxStep=0.36
2.3%-73.1%0.220.032.9x38456%
ADX / DI 방향성
period=39, threshold=24
1.7%-35.1%0.210.052.1x5010%
MACD
fast=30, slow=90, signal=15
1.7%-73.8%0.200.022.2x41351%
Buy and hold9.6%-85.9%0.430.1169.7x1100%
1x 10x 100x 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% -21% -43% -64% -86% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -78.2% (1994-03-23 → 1999-03-29), recovered after 4,572 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 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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