RT Journal Article
SR Electronic
T1 Do Momentum Strategies Work?
JF The Journal of Investing
FD Institutional Investor Journals
SP 65
OP 71
DO 10.3905/joi.2004.434552
VO 13
IS 3
A1 Stanley G. Eakins
A1 Stanley R. Stansell
YR 2004
UL https://pm-research.com/content/13/3/65.abstract
AB The purpose of this study is to investigate whether an investment strategy based on using the prior performance of sector funds to direct future investments can provide superior risk-adjusted performance. Most momentum research had been focused on individual stocks. A few studies have looked at momentum in industries. This study extends this work by investigating whether sector funds capture the success reported using momentum strategies on industry groups.