Trend-Following Backtester · Guide · backtest 한국어

equity · US

Box, Inc. backtest

10 trend-following strategies were compared on the full daily history of Box, Inc.. 2 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is ROC 모멘텀 (CAGR 5.9%, MDD -45.1%).

Data 2015-01-23 ~ 2026-07-31daily bars 2,897 (11.5 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

2 of 10 beat buy and hold (CAGR 2.6%, drawdown -68.6%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 5.9%, MDD -45.1%, Sharpe 0.34, 67% exposure.

Return/drawdown alternative: ROC 모멘텀 — CAGR is 3.3%p higher than buy and hold, while drawdown improves by 23.5%p (CAGR 5.9%, MDD -45.1%, exposure 67%).

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=197, threshold=-0.09
5.9%-45.1%0.340.131.9x5167%
ADX / DI 방향성
period=23, threshold=33
0.8%-11.4%0.290.071.1x41%
SMA 크로스오버
fast=77, slow=217
3.2%-51.7%0.250.061.4x1655%
EMA 크로스오버
fast=13, slow=175
1.3%-55.7%0.190.021.2x3554%
Keltner 채널 돌파
emaPeriod=11, atrPeriod=20, mult=3.6
0.2%-5.9%0.100.041.0x62%
Donchian 채널 돌파
entryN=31, exitN=63
-1.9%-51.8%0.09-0.040.8x3167%
Supertrend
period=26, mult=5
-3.0%-54.1%0.04-0.060.7x3952%
볼린저 밴드 돌파
n=15, k=3.2
-0.1%-13.7%0.01-0.011.0x82%
MACD
fast=21, slow=22, signal=18
-5.9%-62.5%-0.06-0.090.5x15353%
Parabolic SAR
step=0.06, maxStep=0.14
-7.1%-70.1%-0.11-0.100.4x34750%
Buy and hold2.6%-68.6%0.270.041.4x1100%
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% -17% -34% -51% -69% 2016 2018 2020 2022 2024 2026 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -45.1% (2018-06-20 → 2019-01-14), recovered after 1,100 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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