Trend-Following Backtester · Guide · backtest 한국어

equity · US

Verizon Communications Inc. backtest

10 trend-following strategies were compared on the full daily history of Verizon Communications Inc.. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 1983-11-21 ~ 2026-07-31daily bars 10,756 (42.7 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 4.2%, drawdown -62.4%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 4.1%, MDD -59.4%, Sharpe 0.29, 100% 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
ROC 모멘텀
Hold-like · Exposure 100%
n=1, threshold=-0.11
4.1%-59.4%0.290.075.5x7100%
Donchian 채널 돌파
entryN=8, exitN=104
1.3%-68.4%0.170.021.8x11589%
볼린저 밴드 돌파
n=25, k=3.5
0.3%-10.4%0.140.031.1x101%
ADX / DI 방향성
period=40, threshold=27
0.3%-15.1%0.120.021.2x123%
SMA 크로스오버
fast=28, slow=82
-0.4%-70.8%0.05-0.010.8x14653%
Keltner 채널 돌파
emaPeriod=53, atrPeriod=34, mult=3.3
-0.3%-55.9%0.02-0.010.9x12226%
EMA 크로스오버
fast=43, slow=124
-1.8%-79.9%-0.03-0.020.5x9457%
Supertrend
period=29, mult=5
-2.4%-89.3%-0.07-0.030.4x13954%
MACD
fast=31, slow=46, signal=14
-4.7%-90.1%-0.24-0.050.1x45549%
Parabolic SAR
step=0.01, maxStep=0.22
-5.4%-93.3%-0.25-0.060.1x58751%
Buy and hold4.2%-62.4%0.290.075.9x1100%
1x 1984 1990 1996 2002 2008 2014 2020 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -16% -31% -47% -62% 1984 1990 1996 2002 2008 2014 2020 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -59.4% (1999-10-04 → 2008-10-24), recovered after 6,966 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 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