Trend-Following Backtester · Guide · backtest 한국어

equity · US

C.H. Robinson Worldwide, Inc. backtest

10 trend-following strategies were compared on the full daily history of C.H. Robinson Worldwide, Inc.. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like.

Data 1997-10-16 ~ 2026-07-31daily bars 7,241 (28.8 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 12.0%, drawdown -44.9%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 9.7%, MDD -50.7%, Sharpe 0.45, 99% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

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=4, threshold=-0.1
9.7%-50.7%0.450.1914.5x8699%
SMA 크로스오버
fast=39, slow=355
7.6%-45.4%0.410.178.3x3166%
Donchian 채널 돌파
entryN=12, exitN=77
3.8%-71.9%0.270.052.9x8685%
EMA 크로스오버
fast=46, slow=146
3.5%-65.0%0.260.052.7x5365%
볼린저 밴드 돌파
n=45, k=3.3
1.2%-22.7%0.200.051.4x269%
ADX / DI 방향성
period=42, threshold=27
0.4%-18.7%0.110.021.1x102%
Keltner 채널 돌파
emaPeriod=42, atrPeriod=16, mult=3.1
-0.1%-50.4%0.06-0.001.0x8622%
Supertrend
period=10, mult=4.7
-1.5%-82.6%0.04-0.020.6x10051%
Parabolic SAR
step=0.005, maxStep=0.28
-3.4%-82.3%-0.04-0.040.4x24653%
MACD
fast=26, slow=36, signal=22
-4.4%-86.9%-0.09-0.050.3x30851%
Buy and hold12.0%-44.9%0.510.2725.8x1100%
1x 10x 1998 2002 2006 2010 2014 2018 2022 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -13% -25% -38% -51% 1998 2002 2006 2010 2014 2018 2022 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -50.7% (2008-05-06 → 2009-03-09), recovered after 947 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 carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupAll asset reports

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