Trend-Following Backtester · Guide · backtest 한국어

equity · US

CBRE Group Inc backtest

10 trend-following strategies were compared on the full daily history of CBRE Group Inc. 3 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is SMA 크로스오버 (CAGR 18.7%, MDD -37.5%).

Data 2004-06-10 ~ 2026-07-31daily bars 5,570 (22.1 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

3 of 10 beat buy and hold (CAGR 15.4%, drawdown -94.3%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 21.7%, MDD -40.9%, Sharpe 0.77, 78% exposure.

Return/drawdown alternative: SMA 크로스오버 — CAGR is 6.3%p higher than buy and hold, while drawdown improves by 53.4%p (CAGR 18.7%, MDD -37.5%, exposure 66%).

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=26, exitN=56
21.7%-40.9%0.770.5376.8x5178%
SMA 크로스오버
fast=17, slow=95
18.7%-37.5%0.730.5044.1x6966%
EMA 크로스오버
fast=25, slow=86
16.9%-39.1%0.690.4331.5x5967%
Supertrend
period=19, mult=5
15.0%-56.9%0.620.2622.1x6964%
볼린저 밴드 돌파
n=58, k=3.5
5.7%-20.1%0.610.283.4x1412%
ROC 모멘텀
n=109, threshold=-0.04
14.4%-53.3%0.600.2719.7x13172%
Keltner 채널 돌파
emaPeriod=58, atrPeriod=12, mult=2.8
8.7%-47.0%0.480.186.3x9041%
ADX / DI 방향성
period=22, threshold=13
6.4%-54.2%0.370.124.0x29150%
Parabolic SAR
step=0.005, maxStep=0.16
4.9%-81.4%0.300.062.9x20558%
MACD
fast=11, slow=40, signal=19
-1.1%-93.6%0.16-0.010.8x31351%
Buy and hold15.4%-94.3%0.530.1623.9x1100%
1x 10x 2005 2008 2011 2014 2017 2020 2023 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -24% -47% -71% -94% 2005 2008 2011 2014 2017 2020 2023 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -40.9% (2007-07-19 → 2009-03-30), recovered after 645 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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