Simple long term trend & momentum models
Do momentum strategies have more drawdowns.Of course returns are also high.But draw downs can be emotionally taxing.!
Totally agree with you..but i also take this as an input for my analysis..eg. if i see high beta/ non defensive sectors in the top ranks based on momentum then can conclude that overall picture is positive for equities :)
Do momentum strategies have more drawdowns.Of course returns are also high.But draw downs can be emotionally taxing.!
ReplyDeleteTotally agree with you..but i also take this as an input for my analysis..eg. if i see high beta/ non defensive sectors in the top ranks based on momentum then can conclude that overall picture is positive for equities :)
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