Trend-Following Backtester · Guide · backtest 한국어

equity · US

Avista Corporation backtest

10 trend-following strategies were compared on the full daily history of Avista Corporation. 0 beat buy-and-hold CAGR; ADX / DI 방향성 ranks first by Sharpe, matching the main backtester.

Data 1973-02-21 ~ 2026-07-31daily bars 13,474 (53.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 2.6%, drawdown -85.2%).

Sharpe leader (same as main): ADX / DI 방향성 — CAGR 0.3%, MDD -8.9%, Sharpe 0.21, 1% exposure.

CAGR reference leader: ROC 모멘텀 — CAGR 0.8%, MDD -55.8%, exposure 0%.

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
ADX / DI 방향성
period=38, threshold=42
0.3%-8.9%0.210.031.2x21%
ROC 모멘텀
n=4, threshold=0.15
0.8%-55.8%0.120.011.5x200%
SMA 크로스오버
fast=70, slow=240
0.4%-77.7%0.120.011.3x6758%
Donchian 채널 돌파
entryN=45, exitN=75
0.4%-80.7%0.120.011.3x11165%
볼린저 밴드 돌파
n=35, k=3.5
0.5%-66.5%0.100.011.3x263%
EMA 크로스오버
fast=48, slow=125
-0.9%-81.8%0.05-0.010.6x10558%
Keltner 채널 돌파
emaPeriod=50, atrPeriod=23, mult=3.7
-1.0%-65.3%-0.00-0.020.6x11817%
Supertrend
period=15, mult=5
-2.3%-75.0%-0.04-0.030.3x17050%
MACD
fast=14, slow=44, signal=14
-4.1%-90.4%-0.12-0.050.1x72451%
Parabolic SAR
step=0.005, maxStep=0.38
-4.6%-92.4%-0.15-0.050.1x42952%
Buy and hold2.6%-85.2%0.230.033.9x1100%
1x 1974 1981 1988 1995 2002 2009 2016 2023 ROC 모멘텀ADX / DI 방향성Buy and hold
ADX / DI 방향성 (Sharpe leader), ROC 모멘텀 (CAGR reference), Buy and hold.
0% -21% -43% -64% -85% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdROC 모멘텀ADX / DI 방향성
ADX / DI 방향성 maximum drawdown -8.9% (1986-04-21 → 1986-04-30), prior peak not yet recovered.

Rules of the top strategy

Looks at both the direction and the strength of the trend; holds only in a strong uptrend.

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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