Trend-Following Backtester · Guide · backtest 한국어

equity · US

NextNav Inc. backtest

10 trend-following strategies were compared on the full daily history of NextNav Inc.. 8 beat buy-and-hold CAGR; SMA 크로스오버 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Keltner 채널 돌파 (CAGR 8.5%, MDD -33.7%).

Data 2020-11-02 ~ 2026-07-31daily bars 1,442 (5.7 years)Costs 0.5%Venue XNASMonthly snapshot 2026-07-31

Results by strategy

8 of 10 beat buy and hold (CAGR 5.2%, drawdown -86.5%).

Sharpe leader (same as main): SMA 크로스오버 — CAGR 28.0%, MDD -47.8%, Sharpe 0.72, 53% exposure.

Return/drawdown alternative: Keltner 채널 돌파 — CAGR is 22.8%p higher than buy and hold, while drawdown improves by 38.8%p (CAGR 8.5%, MDD -33.7%, exposure 9%).

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=57, slow=196
28.0%-47.8%0.720.594.1x553%
EMA 크로스오버
fast=35, slow=180
21.8%-47.8%0.630.463.1x656%
Supertrend
period=29, mult=4.9
17.4%-41.2%0.580.422.5x1439%
MACD
fast=13, slow=57, signal=17
16.4%-53.8%0.560.302.4x6050%
볼린저 밴드 돌파
n=43, k=3.2
12.4%-50.4%0.520.252.0x1618%
Keltner 채널 돌파
emaPeriod=37, atrPeriod=13, mult=4
8.5%-33.7%0.460.251.6x89%
Donchian 채널 돌파
entryN=59, exitN=49
10.5%-56.3%0.450.191.8x1047%
ROC 모멘텀
n=69, threshold=0.08
10.4%-43.3%0.450.241.8x6036%
Parabolic SAR
step=0.015, maxStep=0.12
-3.3%-54.4%0.17-0.060.8x8950%
ADX / DI 방향성
period=13, threshold=29
-2.8%-50.6%0.05-0.060.8x3819%
Buy and hold5.2%-86.5%0.420.061.3x1100%
1x 2021 2022 2023 2024 2025 2026 SMA 크로스오버Buy and hold
SMA 크로스오버: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -22% -43% -65% -87% 2021 2022 2023 2024 2025 2026 Buy and holdSMA 크로스오버
SMA 크로스오버 maximum drawdown -47.8% (2024-12-16 → 2025-03-04), recovered after 402 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 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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