Trend-Following Backtester · Guide · backtest 한국어

equity · CA

Silvercorp Metals Inc. backtest

10 trend-following strategies were compared on the full daily history of Silvercorp Metals Inc.. 7 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 24.5%, MDD -77.3%).

Data 1996-08-08 ~ 2026-07-31daily bars 7,533 (30.0 years)Costs 0.5%Venue TSXMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 5.6%, drawdown -99.6%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 24.5%, MDD -77.3%, Sharpe 0.66, 41% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 25.6%, MDD -80.4%, exposure 44%.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 18.9%p higher than buy and hold, while drawdown improves by 22.3%p (CAGR 24.5%, MDD -77.3%, exposure 41%).

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
EMA 크로스오버
fast=25, slow=208
24.5%-77.3%0.660.32716.1x3141%
SMA 크로스오버
fast=55, slow=279
25.6%-80.4%0.660.32934.1x2544%
Parabolic SAR
step=0.005, maxStep=0.2
14.3%-97.3%0.500.1555.6x21641%
Donchian 채널 돌파
entryN=89, exitN=74
13.1%-94.5%0.480.1439.7x4442%
볼린저 밴드 돌파
n=36, k=1.4
8.8%-99.9%0.420.0912.5x18633%
ROC 모멘텀
n=92, threshold=0.09
8.0%-99.4%0.410.0810.2x24439%
ADX / DI 방향성
period=14, threshold=39
7.0%-91.8%0.340.087.6x627%
MACD
fast=20, slow=56, signal=29
-2.1%-99.9%0.33-0.020.5x24251%
Keltner 채널 돌파
emaPeriod=83, atrPeriod=28, mult=2.4
2.4%-99.8%0.320.022.1x11232%
Supertrend
period=4, mult=4.8
-8.7%-100.0%0.23-0.090.1x15853%
Buy and hold5.6%-99.6%0.540.065.2x1100%
0.01 0.1 1x 10x 100x 1,000x 1997 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버EMA 크로스오버Buy and hold
EMA 크로스오버 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -25% -50% -75% -100% 1997 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버EMA 크로스오버
EMA 크로스오버 maximum drawdown -77.3% (2003-03-14 → 2003-08-26), recovered after 230 days.

Rules of the top strategy

Uses two exponential averages (more weight on recent prices) and trades their crossover.

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 setupAll asset reports

Read next