Trend-Following Backtester · Guide · backtest 한국어

equity · US

UWM Holdings Corporation backtest

10 trend-following strategies were compared on the full daily history of UWM Holdings Corporation. 10 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 2.7%, MDD -23.9%).

Data 2020-05-01 ~ 2026-07-31daily bars 1,570 (6.2 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

10 of 10 beat buy and hold (CAGR -23.7%, drawdown -87.4%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 5.9%, MDD -27.0%, Sharpe 0.41, 14% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 29.6%p higher than buy and hold, while drawdown improves by 60.4%p (CAGR 2.7%, MDD -23.9%, exposure 6%).

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=25, k=2.6
5.9%-27.0%0.410.221.4x2014%
Keltner 채널 돌파
emaPeriod=18, atrPeriod=12, mult=3.4
2.7%-23.9%0.290.111.2x86%
Supertrend
period=23, mult=2.4
1.0%-42.0%0.180.021.1x5641%
ROC 모멘텀
n=109, threshold=-0.04
-2.7%-53.0%0.07-0.050.8x4042%
Donchian 채널 돌파
entryN=84, exitN=36
-2.4%-51.5%0.04-0.050.9x1231%
SMA 크로스오버
fast=8, slow=155
-3.5%-48.6%0.02-0.070.8x1437%
MACD
fast=10, slow=14, signal=19
-6.8%-64.5%-0.02-0.100.6x10753%
EMA 크로스오버
fast=42, slow=110
-4.7%-50.4%-0.02-0.090.7x1237%
Parabolic SAR
step=0.035, maxStep=0.3
-6.8%-55.9%-0.04-0.120.6x18546%
ADX / DI 방향성
period=32, threshold=32
-1.2%-27.1%-0.12-0.050.9x22%
Buy and hold-23.7%-87.4%-0.30-0.270.2x1100%
1x 2021 2022 2023 2024 2025 2026 볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -66% -87% 2021 2022 2023 2024 2025 2026 Buy and hold볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -27.0% (2023-12-19 → 2024-07-24), recovered after 631 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 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

Read next