Jegadeesh & Titman (1993): Returns to Buying Winners and Selling Losers
There are signs of change beneath the surface. When momentum starts to build, it’s worth paying attention. Many transformative stories begin unnoticed—NVIDIA, for example, was once seen as just a gaming chip maker. Market leaders often emerge from forgotten corners.
Setting:
- Short Term: 20%-30%; Duration: 20d
- Long Term: <30%; Duration: 20w