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Jack Vogel - Momentum in Theory, Momentum in Practice (S1E6)

Flirting with Models

CHAPTER

How to Maximize Your Compound Annualized Growth Rate With Price Momentum

Price momentum has a lower correlation to value investing, which happens to be fundamental based. Value and momentum are negatively correlated in the long short context but even long only they have a much lower correlation than just the market. But for us, you know, i think it washes out from a portfolio context. You always have to remember that things are like the momentum anomaly. Even in that harford pate piece, which actually is very educational and good, not criticising at all, right? Whereas from a long only momentum perspective, your results may be slightly different.

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