When Momentum Loses Momentum | Seeking Alpha


Abstract Speed motion in tunnel

nadla/E+ via Getty Images

By Andrew Ang, PhD

Originally published on September 29, 2023

When Momentum Loses Momentum

There’s no way to sugarcoat it – the momentum factor’s performance in 2023 has been horrible. In fact, January 2023 was the worst month for

Monthly returns (%)
Rank Month MOM Factor Winners Losers Market
Worst 1 April 2009 -34.3 5.7 40.0 10.2
2 January 2001 -25.3 -0.8 24.5 3.7
3 November 2002 -16.3 1.0 17.4 6.1
4 January 2023 -16.0 2.8 18.8 7.0
5 January 1975 -13.8 14.9 28.7 14.2
6 May 2009 -12.5 2.2 14.6 5.2
7 November 2020 -12.4 14.1 26.5 12.5
8 March 2009 -11.9 6.8 18.6 9.0
9 July 1973 -11.6 4.9 16.5 5.7
10 May 2003 -10.7 5.8 16.5 6.1
11 March 1980 -9.6 -18.8 -9.3 -11.7
12 April 2003 -9.3 6.3 15.6 8.3



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *