Trend-Following Backtester · Guide · backtest 한국어

equity · US

Centene Corporation backtest

10 trend-following strategies were compared on the full daily history of Centene Corporation. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester.

Data 2001-12-13 ~ 2026-07-31daily bars 6,196 (24.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 16.5%, drawdown -74.1%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 10.2%, MDD -58.9%, Sharpe 0.47, 65% 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=33, exitN=46
10.2%-58.9%0.470.1710.9x6565%
ADX / DI 방향성
period=25, threshold=19
6.7%-51.5%0.450.134.9x12626%
볼린저 밴드 돌파
n=56, k=2.9
5.2%-28.8%0.440.183.4x3017%
MACD
fast=34, slow=52, signal=22
6.5%-61.4%0.370.114.7x19052%
SMA 크로스오버
fast=25, slow=185
6.0%-82.1%0.350.074.2x4962%
ROC 모멘텀
n=44, threshold=-0.04
4.9%-79.9%0.310.063.3x33570%
EMA 크로스오버
fast=57, slow=287
4.7%-82.0%0.300.063.1x3566%
Supertrend
period=22, mult=4.6
3.3%-82.2%0.260.042.2x9156%
Keltner 채널 돌파
emaPeriod=51, atrPeriod=13, mult=1.6
2.9%-76.4%0.240.042.0x17846%
Parabolic SAR
step=0.01, maxStep=0.36
-0.9%-83.7%0.12-0.010.8x34054%
Buy and hold16.5%-74.1%0.580.2243.2x1100%
1x 10x 2002 2006 2010 2014 2018 2022 2026 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -19% -37% -56% -74% 2002 2006 2010 2014 2018 2022 2026 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -58.9% (2005-02-16 → 2010-02-26), recovered after 3,079 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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