Trend-Following Backtester · Guide · backtest 한국어

equity · CN

China Rare Earth Resources And Technology Co., Ltd. Class A backtest

10 trend-following strategies were compared on the full daily history of China Rare Earth Resources And Technology Co., Ltd. Class A. 9 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 16.2%, MDD -52.0%).

Data 1998-09-11 ~ 2026-07-31daily bars 6,905 (27.9 years)Costs 0.5%Venue SZSEMonthly snapshot 2026-07-31

Results by strategy

9 of 10 beat buy and hold (CAGR 12.4%, drawdown -88.7%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 17.4%, MDD -56.9%, Sharpe 0.62, 45% exposure.

CAGR reference leader: EMA 크로스오버 — CAGR 18.4%, MDD -67.1%, exposure 54%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 5.0%p higher than buy and hold, while drawdown improves by 31.8%p (CAGR 16.2%, MDD -52.0%, exposure 38%).

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
n=101, threshold=0.03
17.4%-56.9%0.620.3187.0x19045%
볼린저 밴드 돌파
n=45, k=1
16.2%-52.0%0.620.3165.5x17838%
SMA 크로스오버
fast=11, slow=163
16.8%-55.2%0.610.3176.7x5249%
MACD
fast=14, slow=36, signal=14
16.4%-60.9%0.600.2769.0x33048%
EMA 크로스오버
fast=51, slow=83
18.4%-67.1%0.590.27110.4x4054%
Donchian 채널 돌파
entryN=70, exitN=64
17.4%-59.0%0.570.3088.0x4450%
Supertrend
period=19, mult=2.2
16.4%-73.7%0.550.2269.2x25851%
Parabolic SAR
step=0.01, maxStep=0.16
15.6%-82.0%0.540.1957.5x32851%
Keltner 채널 돌파
emaPeriod=22, atrPeriod=13, mult=1.5
12.2%-52.8%0.530.2324.8x20633%
ADX / DI 방향성
period=18, threshold=23
14.4%-54.7%0.530.2642.2x16232%
Buy and hold12.4%-88.7%0.470.1425.9x1100%
1x 10x 100x 1999 2003 2007 2011 2015 2019 2023 EMA 크로스오버ROC 모멘텀Buy and hold
ROC 모멘텀 (Sharpe leader), EMA 크로스오버 (CAGR reference), Buy and hold.
0% -22% -44% -67% -89% 1999 2003 2007 2011 2015 2019 2023 Buy and holdEMA 크로스오버ROC 모멘텀
ROC 모멘텀 maximum drawdown -56.9% (1999-08-05 → 2005-11-30), recovered after 2,441 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 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