Trend-Following Backtester · Guide · backtest 한국어

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Hindustan Aeronautics Limited backtest

10 trend-following strategies were compared on the full daily history of Hindustan Aeronautics Limited. 4 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 28.3%, MDD -35.6%).

Data 2018-04-02 ~ 2026-07-31daily bars 2,062 (8.3 years)Costs 0.5%Venue NSEMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 28.4%, drawdown -58.5%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 34.3%, MDD -48.9%, Sharpe 1.16, 69% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 5.9%p higher than buy and hold, while drawdown improves by 9.6%p (CAGR 28.3%, MDD -35.6%, exposure 54%).

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=137, threshold=-0.04
34.3%-48.9%1.160.7011.7x1969%
EMA 크로스오버
fast=13, slow=106
31.1%-44.7%1.080.709.5x1963%
MACD
fast=20, slow=50, signal=20
28.5%-38.2%1.070.758.1x6749%
SMA 크로스오버
fast=7, slow=194
30.7%-45.9%1.060.679.3x1367%
Keltner 채널 돌파
emaPeriod=39, atrPeriod=8, mult=0.5
28.3%-35.6%1.060.798.0x9354%
Parabolic SAR
step=0.04, maxStep=0.08
27.9%-37.3%1.040.757.8x15152%
Donchian 채널 돌파
entryN=46, exitN=18
25.6%-32.2%1.030.806.7x2342%
볼린저 밴드 돌파
n=52, k=1.8
26.0%-33.6%1.030.776.8x3143%
Supertrend
period=10, mult=1.4
25.7%-33.0%1.000.786.7x13149%
ADX / DI 방향성
period=8, threshold=13
26.0%-29.4%0.970.886.8x17555%
Buy and hold28.4%-58.5%0.890.498.0x1100%
1x 10x 2019 2020 2021 2022 2023 2024 2025 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -29% -44% -59% 2019 2020 2021 2022 2023 2024 2025 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -48.9% (2020-08-14 → 2020-11-04), recovered after 376 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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