Trend-Following Backtester · Guide · backtest 한국어

equity · US

Huron Consulting Group Inc. backtest

10 trend-following strategies were compared on the full daily history of Huron Consulting Group Inc.. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 9.7%, MDD -50.8%).

Data 2004-10-13 ~ 2026-07-31daily bars 5,484 (21.8 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 10.0%, drawdown -85.6%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 9.7%, MDD -50.8%, Sharpe 0.47, 65% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 0.3%p lower than buy and hold, while drawdown improves by 34.8%p (CAGR 9.7%, MDD -50.8%, exposure 65%).

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=147, threshold=-0.03
9.7%-50.8%0.470.197.5x14665%
EMA 크로스오버
fast=36, slow=146
9.0%-44.2%0.450.206.5x3660%
SMA 크로스오버
fast=28, slow=215
7.7%-54.5%0.410.145.0x3258%
볼린저 밴드 돌파
n=91, k=2.3
5.6%-40.9%0.370.143.3x4738%
Donchian 채널 돌파
entryN=74, exitN=72
4.3%-52.3%0.290.082.5x3757%
Supertrend
period=21, mult=3.8
3.6%-74.7%0.260.052.2x8759%
ADX / DI 방향성
period=38, threshold=26
1.7%-19.6%0.250.091.5x187%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=12, mult=4
2.1%-34.1%0.230.061.6x3519%
MACD
fast=16, slow=52, signal=13
-5.1%-84.4%-0.04-0.060.3x29152%
Parabolic SAR
step=0.005, maxStep=0.32
-5.2%-88.3%-0.05-0.060.3x17357%
Buy and hold10.0%-85.6%0.460.128.0x1100%
1x 10x 2005 2008 2011 2014 2017 2020 2023 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -43% -64% -86% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -50.8% (2007-12-26 → 2010-11-17), recovered after 2,011 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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