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Nissan Chemical Corporation backtest

10 trend-following strategies were compared on the full daily history of Nissan Chemical Corporation. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 8.4%, MDD -43.3%).

Data 2000-01-04 ~ 2026-07-31daily bars 6,632 (26.6 years)Costs 0.5%Venue TSEMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.7%, drawdown -78.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 7.9%, MDD -47.2%, Sharpe 0.47, 46% exposure.

CAGR reference leader: SMA 크로스오버 — CAGR 8.4%, MDD -43.3%, exposure 54%.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 2.8%p lower than buy and hold, while drawdown improves by 31.4%p (CAGR 8.4%, MDD -43.3%, 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
Donchian 채널 돌파
entryN=109, exitN=65
7.9%-47.2%0.470.177.6x3746%
SMA 크로스오버
fast=10, slow=257
8.4%-43.3%0.470.198.5x5754%
EMA 크로스오버
fast=55, slow=209
8.1%-54.3%0.450.157.9x2556%
ROC 모멘텀
n=180, threshold=0.23
5.7%-31.3%0.410.184.4x12129%
ADX / DI 방향성
period=37, threshold=23
2.8%-22.5%0.370.122.1x167%
Supertrend
period=29, mult=4.5
5.0%-48.0%0.320.103.6x10855%
Keltner 채널 돌파
emaPeriod=19, atrPeriod=28, mult=2.2
3.6%-36.2%0.320.102.6x14423%
볼린저 밴드 돌파
n=23, k=2.6
2.8%-35.2%0.300.082.1x9416%
Parabolic SAR
step=0.005, maxStep=0.18
3.1%-55.2%0.250.062.2x22854%
MACD
fast=16, slow=46, signal=19
2.2%-50.6%0.210.041.8x29649%
Buy and hold10.7%-78.7%0.470.1414.9x1100%
1x 10x 2001 2005 2009 2013 2017 2021 2025 SMA 크로스오버Donchian 채널 돌파Buy and hold
Donchian 채널 돌파 (Sharpe leader), SMA 크로스오버 (CAGR reference), Buy and hold.
0% -20% -39% -59% -79% 2001 2005 2009 2013 2017 2021 2025 Buy and holdSMA 크로스오버Donchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -47.2% (2015-08-07 → 2024-12-19), prior peak not yet recovered.

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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