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Lagercrantz Group AB Class B backtest

10 trend-following strategies were compared on the full daily history of Lagercrantz Group AB Class B. 0 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 16.1%, MDD -44.1%).

Data 2001-09-04 ~ 2026-07-31daily bars 6,307 (24.9 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 18.2%, drawdown -61.4%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 15.8%, MDD -44.9%, Sharpe 0.66, 67% exposure.

CAGR reference leader: Donchian 채널 돌파 — CAGR 16.1%, MDD -44.1%, exposure 76%.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.5%p lower than buy and hold, while drawdown improves by 16.6%p (CAGR 16.1%, MDD -44.1%, exposure 76%).

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
SMA 크로스오버
fast=59, slow=106
15.8%-44.9%0.660.3538.4x5767%
Donchian 채널 돌파
entryN=55, exitN=97
16.1%-44.1%0.650.3741.5x2776%
EMA 크로스오버
fast=55, slow=195
12.5%-45.3%0.550.2818.9x3372%
ROC 모멘텀
n=79, threshold=-0.11
13.1%-57.6%0.550.2321.5x14186%
Supertrend
period=20, mult=4.8
8.4%-54.1%0.430.157.4x8063%
볼린저 밴드 돌파
n=59, k=2.2
4.6%-47.2%0.320.103.0x9638%
ADX / DI 방향성
period=37, threshold=25
2.2%-19.7%0.280.111.7x166%
Parabolic SAR
step=0.015, maxStep=0.3
2.0%-55.0%0.200.041.6x41654%
MACD
fast=19, slow=56, signal=19
-0.6%-70.8%0.10-0.010.9x27249%
Keltner 채널 돌파
emaPeriod=28, atrPeriod=17, mult=3.5
0.0%-48.4%0.070.001.0x7217%
Buy and hold18.2%-61.4%0.630.3064.7x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파SMA 크로스오버Buy and hold
SMA 크로스오버 (Sharpe leader), Donchian 채널 돌파 (CAGR reference), Buy and hold.
0% -15% -31% -46% -61% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파SMA 크로스오버
SMA 크로스오버 maximum drawdown -44.9% (2021-12-30 → 2022-10-12), recovered after 894 days.

Rules of the top strategy

When the short average rises above the long average, it reads that as an uptrend starting.

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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