Trend-Following Backtester · Guide · backtest 한국어

equity · US

KKR & Co. Inc. backtest

10 trend-following strategies were compared on the full daily history of KKR & Co. Inc.. 0 beat buy-and-hold CAGR; Donchian 채널 돌파 ranks first by Sharpe, matching the main backtester. The return/drawdown alternative is Donchian 채널 돌파 (CAGR 14.8%, MDD -40.8%).

Data 2010-07-15 ~ 2026-07-31daily bars 4,036 (16.0 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 15.4%, drawdown -57.7%).

Sharpe leader (same as main): Donchian 채널 돌파 — CAGR 14.8%, MDD -40.8%, Sharpe 0.72, 64% exposure.

Return/drawdown alternative: Donchian 채널 돌파 — CAGR is 0.6%p lower than buy and hold, while drawdown improves by 16.9%p (CAGR 14.8%, MDD -40.8%, exposure 64%).

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=69, exitN=82
14.8%-40.8%0.720.369.1x1864%
EMA 크로스오버
fast=33, slow=89
11.0%-42.1%0.570.265.4x3864%
SMA 크로스오버
fast=15, slow=149
10.9%-40.8%0.570.275.3x3863%
Supertrend
period=28, mult=4.7
10.9%-47.4%0.550.235.2x5267%
ROC 모멘텀
n=65, threshold=-0.03
10.4%-60.7%0.530.174.9x13770%
Keltner 채널 돌파
emaPeriod=109, atrPeriod=21, mult=1.6
8.6%-41.3%0.500.213.7x7254%
ADX / DI 방향성
period=37, threshold=22
4.0%-13.8%0.470.291.9x1811%
볼린저 밴드 돌파
n=29, k=2.8
3.6%-26.2%0.390.141.8x3815%
Parabolic SAR
step=0.005, maxStep=0.32
6.5%-47.9%0.390.142.7x14157%
MACD
fast=18, slow=50, signal=19
-1.6%-64.4%0.05-0.020.8x18351%
Buy and hold15.4%-57.7%0.580.279.9x1100%
1x 10x 2011 2013 2015 2017 2019 2021 2023 2025 Donchian 채널 돌파Buy and hold
Donchian 채널 돌파: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -14% -29% -43% -58% 2011 2013 2015 2017 2019 2021 2023 2025 Buy and holdDonchian 채널 돌파
Donchian 채널 돌파 maximum drawdown -40.8% (2021-11-03 → 2023-05-16), recovered after 771 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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