Trend-Following Backtester · Guide · backtest 한국어

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Spire Healthcare Group PLC backtest

10 trend-following strategies were compared on the full daily history of Spire Healthcare Group PLC. 8 beat buy-and-hold CAGR; 볼린저 밴드 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is 볼린저 밴드 돌파 (CAGR 5.6%, MDD -21.8%).

Data 2014-07-18 ~ 2026-07-31daily bars 3,042 (12.0 years)Costs 0.5%Venue LSEMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 0.8%, drawdown -86.9%).

Sharpe leader (same as main): 볼린저 밴드 돌파 — CAGR 5.6%, MDD -21.8%, Sharpe 0.53, 12% exposure.

CAGR reference leader: MACD — CAGR 6.1%, MDD -50.8%, exposure 50%.

Return/drawdown alternative: 볼린저 밴드 돌파 — CAGR is 4.8%p higher than buy and hold, while drawdown improves by 65.1%p (CAGR 5.6%, MDD -21.8%, exposure 12%).

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
볼린저 밴드 돌파
n=19, k=3
5.6%-21.8%0.530.261.9x3512%
MACD
fast=19, slow=25, signal=15
6.1%-50.8%0.350.122.0x14550%
Donchian 채널 돌파
entryN=15, exitN=21
6.1%-56.4%0.340.112.0x7154%
ADX / DI 방향성
period=34, threshold=27
3.3%-23.9%0.330.141.5x149%
SMA 크로스오버
fast=10, slow=31
4.8%-64.6%0.300.071.8x11553%
ROC 모멘텀
n=145, threshold=0.14
2.8%-50.1%0.260.061.4x5717%
Supertrend
period=13, mult=2.6
2.7%-56.2%0.230.051.4x8156%
Keltner 채널 돌파
emaPeriod=54, atrPeriod=26, mult=4
1.4%-34.4%0.160.041.2x1311%
Parabolic SAR
step=0.015, maxStep=0.16
-0.0%-52.3%0.11-0.001.0x20152%
EMA 크로스오버
fast=56, slow=150
-3.7%-55.8%-0.07-0.070.6x2343%
Buy and hold0.8%-86.9%0.220.011.1x1100%
1x 2015 2017 2019 2021 2023 2025 MACD볼린저 밴드 돌파Buy and hold
볼린저 밴드 돌파 (Sharpe leader), MACD (CAGR reference), Buy and hold.
0% -22% -43% -65% -87% 2015 2017 2019 2021 2023 2025 Buy and holdMACD볼린저 밴드 돌파
볼린저 밴드 돌파 maximum drawdown -21.8% (2020-12-09 → 2026-01-23), prior peak not yet recovered.

Rules of the top strategy

Breaking above the upper band (average plus a multiple of volatility) signals a strong move up.

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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