Trend-Following Backtester · Guide · backtest 한국어

equity · US

Liberty Latin America Ltd. backtest

10 trend-following strategies were compared on the full daily history of Liberty Latin America Ltd.. 8 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ADX / DI 방향성 (CAGR 0.7%, MDD -13.8%).

Data 2015-07-02 ~ 2026-07-31daily bars 2,786 (11.1 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR -11.6%, drawdown -90.5%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 4.3%, MDD -16.6%, Sharpe 0.43, 7% exposure.

Return/drawdown alternative: ADX / DI 방향성 — CAGR is 15.9%p higher than buy and hold, while drawdown improves by 73.9%p (CAGR 0.7%, MDD -13.8%, exposure 4%).

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=32, threshold=0.21
4.3%-16.6%0.430.261.6x577%
Donchian 채널 돌파
entryN=138, exitN=7
1.5%-22.9%0.210.071.2x156%
ADX / DI 방향성
period=26, threshold=29
0.7%-13.8%0.140.051.1x64%
Keltner 채널 돌파
emaPeriod=54, atrPeriod=28, mult=3.7
0.0%-39.5%0.070.001.0x1915%
볼린저 밴드 돌파
n=33, k=3.5
-0.2%-24.4%-0.00-0.011.0x73%
SMA 크로스오버
fast=42, slow=122
-4.4%-64.4%-0.05-0.070.6x2938%
Supertrend
period=37, mult=3.6
-8.1%-81.3%-0.13-0.100.4x5748%
EMA 크로스오버
fast=55, slow=219
-5.1%-68.4%-0.15-0.080.6x1725%
MACD
fast=22, slow=50, signal=22
-12.1%-89.3%-0.25-0.140.2x9150%
Parabolic SAR
step=0.03, maxStep=0.24
-17.1%-91.3%-0.48-0.190.1x29749%
Buy and hold-11.6%-90.5%-0.03-0.130.3x1100%
0.1 1x 2016 2018 2020 2022 2024 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -23% -45% -68% -90% 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -16.6% (2017-08-11 → 2020-11-06), recovered after 1,194 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

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