Trend-Following Backtester · Guide · backtest 한국어

equity · US

Atmos Energy Corporation backtest

10 trend-following strategies were compared on the full daily history of Atmos Energy Corporation. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 1983-12-28 ~ 2026-07-31daily bars 10,731 (42.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 8.4%, drawdown -54.9%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 8.6%, MDD -54.9%, Sharpe 0.48, 100% 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 100%
n=1, threshold=-0.11
8.6%-54.9%0.480.1633.1x9100%
EMA 크로스오버
fast=62, slow=238
5.1%-47.6%0.360.118.3x3574%
SMA 크로스오버
fast=55, slow=201
4.2%-43.1%0.330.105.8x6264%
Donchian 채널 돌파
entryN=97, exitN=125
3.5%-50.2%0.290.074.4x4369%
볼린저 밴드 돌파
n=12, k=3.1
0.6%-5.7%0.250.101.3x61%
ADX / DI 방향성
period=29, threshold=41
0.1%-2.8%0.140.041.0x20%
Keltner 채널 돌파
emaPeriod=7, atrPeriod=18, mult=3.5
0.1%-11.5%0.070.011.1x40%
Supertrend
period=10, mult=5
-1.1%-74.4%0.01-0.010.6x13656%
MACD
fast=40, slow=59, signal=39
-4.6%-91.8%-0.22-0.050.1x28552%
Parabolic SAR
step=0.015, maxStep=0.22
-7.8%-97.8%-0.44-0.080.0x78653%
Buy and hold8.4%-54.9%0.470.1530.8x1100%
1x 10x 1984 1990 1996 2002 2008 2014 2020 2026 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -27% -41% -55% 1984 1990 1996 2002 2008 2014 2020 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -54.9% (1999-01-04 → 2000-04-24), recovered after 2,877 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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