Trend-Following Backtester · Guide · backtest 한국어

equity · SE

Loomis AB backtest

10 trend-following strategies were compared on the full daily history of Loomis AB. 2 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 13.9%, MDD -41.2%).

Data 2008-12-09 ~ 2026-07-31daily bars 4,429 (17.6 years)Costs 0.5%Venue OMXSTOMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 13.2%, drawdown -61.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 15.5%, MDD -32.3%, Sharpe 0.64, 99% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 2.3%p higher than buy and hold, while drawdown improves by 29.5%p (CAGR 13.9%, MDD -41.2%, exposure 88%).

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
Hold-like · Exposure 99%
n=5, threshold=-0.12
15.5%-32.3%0.640.4812.7x2599%
Donchian 채널 돌파
entryN=13, exitN=76
13.9%-41.2%0.610.349.9x3588%
SMA 크로스오버
fast=53, slow=60
9.1%-55.8%0.510.164.6x11960%
EMA 크로스오버
fast=19, slow=188
5.2%-55.3%0.350.092.4x3763%
Supertrend
period=17, mult=4.1
4.4%-60.8%0.300.072.1x7761%
Parabolic SAR
step=0.005, maxStep=0.04
0.2%-59.4%0.120.001.0x13756%
Keltner 채널 돌파
emaPeriod=32, atrPeriod=18, mult=3.9
0.6%-19.4%0.110.031.1x3514%
MACD
fast=15, slow=24, signal=19
-0.2%-43.4%0.10-0.001.0x22551%
볼린저 밴드 돌파
n=45, k=2.6
0.4%-44.5%0.100.011.1x6327%
ADX / DI 방향성
period=26, threshold=38
-0.1%-7.2%-0.08-0.021.0x21%
Buy and hold13.2%-61.8%0.560.218.9x1100%
1x 10x 2009 2012 2015 2018 2021 2024 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -15% -31% -46% -62% 2009 2012 2015 2018 2021 2024 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -32.3% (2020-06-05 → 2020-10-30), recovered after 419 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

Read next