Trend-Following Backtester · Guide · backtest 한국어

equity · US

Matson, Inc. backtest

10 trend-following strategies were compared on the full daily history of Matson, Inc.. 1 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 100% market exposure makes it hold-like.

Data 1973-05-03 ~ 2026-07-31daily bars 13,424 (53.2 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

1 of 10 beat buy and hold (CAGR 10.6%, drawdown -72.1%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 10.6%, MDD -72.1%, Sharpe 0.47, 100% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

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
ROC 모멘텀
Hold-like · Exposure 100%
n=1, threshold=-0.14
10.6%-72.1%0.470.15218.7x11100%
Donchian 채널 돌파
entryN=29, exitN=62
6.4%-64.3%0.370.1026.9x13166%
SMA 크로스오버
fast=55, slow=211
6.0%-74.6%0.360.0822.7x7763%
Supertrend
period=15, mult=4.9
5.1%-68.7%0.320.0713.8x15157%
EMA 크로스오버
fast=49, slow=185
4.0%-79.0%0.280.057.9x8565%
Keltner 채널 돌파
emaPeriod=54, atrPeriod=5, mult=3.3
2.3%-72.1%0.230.033.3x12922%
Parabolic SAR
step=0.005, maxStep=0.24
1.0%-93.1%0.160.011.7x40452%
ADX / DI 방향성
period=33, threshold=29
0.2%-29.6%0.070.011.1x365%
볼린저 밴드 돌파
n=46, k=2
-0.7%-94.8%0.06-0.010.7x28736%
MACD
fast=16, slow=51, signal=18
-4.4%-99.0%-0.07-0.040.1x66251%
Buy and hold10.6%-72.1%0.460.15210.2x1100%
1x 10x 100x 1974 1981 1988 1995 2002 2009 2016 2023 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -36% -54% -72% 1974 1981 1988 1995 2002 2009 2016 2023 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -72.1% (2007-07-19 → 2009-03-06), recovered after 2,184 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

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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