Global stock, country and sector momentum strategies
in VBA Journaal door Anita JoostenHendriks, Judit VennixAcademic research has shown that a simple investment strategy based on momentum in stock returns is profitable. Former research mainly concentrated on stock momentum in the United States (Jegadeesh & Titman, 1993 and Chan, Jegadeesh & Lakonishok, 1996), but also on stock momentum in other regions (Rouwenhorst, 1999).