Trend-Following Backtester · Guide · backtest 한국어

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Eurofins Scientific SE backtest

10 trend-following strategies were compared on the full daily history of Eurofins Scientific SE. 0 beat buy-and-hold CAGR; EMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is EMA 크로스오버 (CAGR 21.6%, MDD -67.1%).

Data 1997-10-27 ~ 2026-07-31daily bars 7,399 (28.8 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 22.7%, drawdown -86.2%).

Sharpe leader (same as main): EMA 크로스오버 — CAGR 21.6%, MDD -67.1%, Sharpe 0.77, 61% exposure.

Return/drawdown alternative: EMA 크로스오버 — CAGR is 1.1%p lower than buy and hold, while drawdown improves by 19.2%p (CAGR 21.6%, MDD -67.1%, exposure 61%).

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=29, slow=298
21.6%-67.1%0.770.32276.8x1961%
Donchian 채널 돌파
entryN=4, exitN=94
21.2%-79.0%0.660.27253.9x7995%
Parabolic SAR
step=0.01, maxStep=0.2
16.3%-60.6%0.630.2776.6x33653%
SMA 크로스오버
fast=50, slow=80
15.9%-57.6%0.610.2869.0x10160%
볼린저 밴드 돌파
n=57, k=3.1
10.1%-36.0%0.580.2815.9x4621%
ROC 모멘텀
n=98, threshold=-0.08
15.7%-78.9%0.580.2065.9x19774%
MACD
fast=27, slow=64, signal=14
14.2%-70.6%0.580.2045.8x28850%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=10, mult=2.7
12.1%-57.3%0.560.2126.8x12438%
Supertrend
period=19, mult=2.6
11.3%-77.5%0.490.1521.8x28056%
ADX / DI 방향성
period=38, threshold=18
8.3%-55.5%0.460.159.9x10821%
Buy and hold22.7%-86.2%0.670.26362.6x1100%
1x 10x 100x 1998 2002 2006 2010 2014 2018 2022 2026 EMA 크로스오버Buy and hold
EMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -86% 1998 2002 2006 2010 2014 2018 2022 2026 Buy and holdEMA 크로스오버
EMA 크로스오버 maximum drawdown -67.1% (2000-11-29 → 2004-08-13), recovered after 1,769 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

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