Trend-Following Backtester · Guide · backtest 한국어

equity · US

Corning Incorporated backtest

10 trend-following strategies were compared on the full daily history of Corning Incorporated. 4 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Supertrend (CAGR 14.2%, MDD -47.9%).

Data 1981-12-31 ~ 2026-07-31daily bars 11,235 (44.6 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

4 of 10 beat buy and hold (CAGR 9.8%, drawdown -99.0%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 17.8%, MDD -57.0%, Sharpe 0.67, 74% exposure.

Return/drawdown alternative: Supertrend — CAGR is 8.0%p higher than buy and hold, while drawdown improves by 42.0%p (CAGR 14.2%, MDD -47.9%, exposure 57%).

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=67
17.8%-57.0%0.670.311477.3x8474%
Supertrend
period=9, mult=4.5
14.2%-47.9%0.610.30370.4x16057%
SMA 크로스오버
fast=52, slow=162
14.4%-51.5%0.610.28408.6x6960%
EMA 크로스오버
fast=49, slow=113
12.0%-61.4%0.540.20156.8x7361%
볼린저 밴드 돌파
n=76, k=2.2
9.1%-51.0%0.490.1848.6x11835%
ROC 모멘텀
n=156, threshold=0.05
9.7%-62.4%0.480.1662.5x34354%
ADX / DI 방향성
period=50, threshold=10
7.4%-57.7%0.410.1323.8x31441%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=18, mult=1.7
7.2%-74.3%0.400.1021.9x29447%
Parabolic SAR
step=0.005, maxStep=0.36
5.3%-74.4%0.330.0710.1x38456%
MACD
fast=13, slow=17, signal=12
1.7%-87.1%0.200.022.1x78450%
Buy and hold9.8%-99.0%0.430.1063.6x1100%
1x 10x 100x 1,000x 1982 1988 1994 2000 2006 2012 2018 2024 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -25% -50% -74% -99% 1982 1988 1994 2000 2006 2012 2018 2024 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -57.0% (2000-09-01 → 2002-11-11), recovered after 892 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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