Trend-Following Backtester · Guide · backtest 한국어

equity · US

Alaska Air Group, Inc. backtest

10 trend-following strategies were compared on the full daily history of Alaska Air Group, Inc.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 1980-03-17 ~ 2026-07-31daily bars 11,688 (46.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 9.0%, drawdown -82.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 8.1%, MDD -83.7%, Sharpe 0.39, 89% exposure.

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
Donchian 채널 돌파
entryN=4, exitN=64
8.1%-83.7%0.390.1036.8x22789%
MACD
fast=24, slow=62, signal=22
5.9%-75.0%0.340.0814.3x38052%
볼린저 밴드 돌파
n=56, k=2.9
4.1%-42.8%0.320.106.5x7618%
ADX / DI 방향성
period=20, threshold=29
3.6%-31.6%0.320.115.1x9811%
Parabolic SAR
step=0.005, maxStep=0.3
4.6%-70.5%0.300.078.1x37455%
SMA 크로스오버
fast=44, slow=131
4.0%-84.4%0.280.056.1x10555%
Supertrend
period=24, mult=4.7
3.8%-77.8%0.280.055.7x17154%
EMA 크로스오버
fast=36, slow=37
1.6%-88.5%0.200.022.1x19356%
Keltner 채널 돌파
emaPeriod=57, atrPeriod=12, mult=2.6
1.9%-59.6%0.190.032.4x19833%
ROC 모멘텀
n=135, threshold=0.1
1.1%-91.8%0.170.011.6x35640%
Buy and hold9.0%-82.7%0.410.1153.7x1100%
1x 10x 100x 1981 1987 1993 1999 2005 2011 2017 2023 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -21% -42% -63% -84% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -83.7% (1998-04-22 → 2008-10-09), recovered after 5,353 days.

Rules of the top strategy

A new high means a trend starting; a new low means it’s over (turtle-trading style).

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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