Trend-Following Backtester · Guide · backtest 한국어

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Veolia Environnement SA backtest

10 trend-following strategies were compared on the full daily history of Veolia Environnement SA. 7 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 1.5%, MDD -28.5%).

Data 2000-07-20 ~ 2026-07-31daily bars 6,686 (26.0 years)Costs 0.5%Venue EURONEXTMonthly snapshot 2026-07-31

Results by strategy

7 of 10 beat buy and hold (CAGR 0.3%, drawdown -88.8%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 6.6%, MDD -30.3%, Sharpe 0.45, 50% exposure.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 6.3%p higher than buy and hold, while drawdown improves by 58.5%p (CAGR 1.5%, MDD -28.5%, exposure 14%).

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
Donchian 채널 돌파
entryN=54, exitN=39
6.6%-30.3%0.450.225.2x5350%
Supertrend
period=9, mult=5
6.1%-38.2%0.420.164.7x6750%
EMA 크로스오버
fast=9, slow=98
5.5%-40.2%0.380.144.0x8157%
SMA 크로스오버
fast=41, slow=213
4.9%-42.5%0.350.123.5x3557%
ROC 모멘텀
n=98, threshold=-0.1
5.0%-54.2%0.330.093.5x10777%
볼린저 밴드 돌파
n=17, k=2.5
1.5%-28.5%0.220.051.5x10214%
Keltner 채널 돌파
emaPeriod=17, atrPeriod=17, mult=1.7
0.8%-36.8%0.120.021.2x19026%
ADX / DI 방향성
period=39, threshold=16
-1.3%-48.7%-0.06-0.030.7x8620%
Parabolic SAR
step=0.005, maxStep=0.16
-4.5%-83.4%-0.13-0.050.3x24653%
MACD
fast=19, slow=25, signal=18
-6.6%-84.8%-0.22-0.080.2x34852%
Buy and hold0.3%-88.8%0.160.001.1x1100%
1x 2001 2005 2009 2013 2017 2021 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -44% -67% -89% 2001 2005 2009 2013 2017 2021 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -30.3% (2020-02-19 → 2020-11-30), recovered after 526 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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