Trend-Following Backtester · Guide · backtest 한국어

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Societe Generale SA Class A backtest

10 trend-following strategies were compared on the full daily history of Societe Generale SA Class A. 6 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 2.1%, MDD -41.9%).

Data 2000-01-03 ~ 2026-07-31daily bars 6,829 (26.6 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

6 of 10 beat buy and hold (CAGR 1.8%, drawdown -92.3%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 6.1%, MDD -63.5%, Sharpe 0.36, 61% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.3%p higher than buy and hold, while drawdown improves by 28.8%p (CAGR 2.1%, MDD -41.9%, exposure 20%).

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=166, threshold=-0.04
6.1%-63.5%0.360.104.9x18161%
Donchian 채널 돌파
entryN=79, exitN=45
5.4%-47.4%0.360.114.0x5343%
SMA 크로스오버
fast=18, slow=254
5.4%-63.1%0.340.094.1x4353%
EMA 크로스오버
fast=55, slow=137
5.3%-66.1%0.340.084.0x3555%
Supertrend
period=13, mult=4.4
3.3%-73.5%0.250.052.4x10357%
볼린저 밴드 돌파
n=59, k=2.7
2.1%-41.9%0.210.051.7x5220%
MACD
fast=19, slow=55, signal=17
1.5%-75.9%0.190.021.5x27153%
Keltner 채널 돌파
emaPeriod=46, atrPeriod=8, mult=2.9
0.8%-43.0%0.130.021.2x9828%
ADX / DI 방향성
period=25, threshold=37
0.1%-12.6%0.060.011.0x20%
Parabolic SAR
step=0.015, maxStep=0.26
-5.9%-94.5%-0.10-0.060.2x50753%
Buy and hold1.8%-92.3%0.250.021.6x1100%
1x 2001 2005 2009 2013 2017 2021 2025 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -46% -69% -92% 2001 2005 2009 2013 2017 2021 2025 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -63.5% (2022-02-10 → 2024-10-03), recovered after 1,393 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

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