The 52-Week High and Momentum Investing
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THOMAS J. GEORGE; CHUAN-YANG HWANG
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Article
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2004
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John Wiley and Sons
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English
β 156 KB
## ABSTRACT When coupled with a stock's current price, a readily available piece of informationβthe 52βweek high priceβexplains a large portion of the profits from momentum investing. Nearness to the 52βweek high dominates and improves upon the forecasting power of past returns (both individual and