Trend-Following Backtester · Guide · backtest 한국어

equity · US

Church & Dwight Company, Inc. backtest

10 trend-following strategies were compared on the full daily history of Church & Dwight Company, 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 14.7%, drawdown -53.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.9%, MDD -46.1%, Sharpe 0.55, 92% 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=17, exitN=168
10.9%-46.1%0.550.24120.2x4992%
SMA 크로스오버
fast=24, slow=117
8.4%-44.9%0.490.1942.7x10967%
EMA 크로스오버
fast=18, slow=117
7.0%-44.4%0.430.1622.9x12770%
ROC 모멘텀
n=100, threshold=-0.04
6.2%-49.4%0.380.1316.1x36977%
MACD
fast=27, slow=48, signal=26
5.0%-46.6%0.360.119.6x36950%
Supertrend
period=12, mult=3
5.0%-55.3%0.350.099.6x29359%
볼린저 밴드 돌파
n=84, k=1.5
3.8%-37.6%0.300.105.7x17949%
Parabolic SAR
step=0.005, maxStep=0.2
3.9%-60.1%0.300.065.8x38755%
ADX / DI 방향성
period=12, threshold=36
0.7%-60.6%0.120.011.4x23016%
Keltner 채널 돌파
emaPeriod=45, atrPeriod=25, mult=3.2
0.4%-68.8%0.100.011.2x17231%
Buy and hold14.7%-53.1%0.660.28568.8x1100%
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% -13% -27% -40% -53% 1981 1987 1993 1999 2005 2011 2017 2023 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -46.1% (1992-11-20 → 1996-01-24), recovered after 2,177 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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