FLT - How To Pick Top Momentum Stocks In Technology
Momentum is the tendency for assets that are performing well in the recent past to continue performing well in the middle term, and vice versa. There is plenty of statistical evidence showing that investors can obtain superior returns by capitalizing on momentum over the long term.
Even Professor Eugene Fama himself, the father of the efficient-market hypothesis, has said that momentum is "the biggest embarrassment to the theory". According to the research data, momentum can produce market-beating return across different assets, countries, and timeframes.
The following paragraphs will be presenting a quantitative strategy to