Trend-Following Backtester · Guide · backtest 한국어

equity · US

Teledyne Technologies Incorporated backtest

10 trend-following strategies were compared on the full daily history of Teledyne Technologies Incorporated. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 97% market exposure makes it hold-like.

Data 1999-11-23 ~ 2026-07-31daily bars 6,711 (26.7 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 17.7%, drawdown -66.2%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 16.3%, MDD -69.1%, Sharpe 0.60, 97% 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 97%
n=17, threshold=-0.14
16.3%-69.1%0.600.2456.3x9197%
EMA 크로스오버
fast=64, slow=261
11.0%-56.5%0.510.1916.0x1977%
Donchian 채널 돌파
entryN=7, exitN=103
12.0%-75.6%0.500.1620.7x6393%
SMA 크로스오버
fast=57, slow=179
9.9%-54.0%0.480.1812.4x3773%
MACD
fast=20, slow=42, signal=24
6.7%-52.8%0.380.135.7x26951%
Supertrend
period=24, mult=4.8
6.4%-56.6%0.370.115.2x8459%
Parabolic SAR
step=0.005, maxStep=0.14
3.6%-53.8%0.260.072.5x23957%
ADX / DI 방향성
period=33, threshold=35
0.5%-10.8%0.190.051.1x41%
볼린저 밴드 돌파
n=43, k=3
0.7%-63.4%0.120.011.2x5215%
Keltner 채널 돌파
emaPeriod=20, atrPeriod=28, mult=3.8
0.7%-50.7%0.110.011.2x306%
Buy and hold17.7%-66.2%0.610.2777.4x1100%
1x 10x 2000 2004 2008 2012 2016 2020 2024 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -17% -35% -52% -69% 2000 2004 2008 2012 2016 2020 2024 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -69.1% (2000-10-20 → 2003-03-11), recovered after 2,378 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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