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The 52-Week High and Momentum Investing

✍ Scribed by THOMAS J. GEORGE; CHUAN-YANG HWANG


Book ID
109176121
Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
156 KB
Volume
59
Category
Article
ISSN
0022-1082

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The 52-Week High and Momentum Investing
✍ THOMAS J. GEORGE; CHUAN-YANG HWANG πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 156 KB

## ABSTRACT When coupled with a stock's current price, a readily available piece of informationβ€”the 52‐week high price–explains a large portion of the profits from momentum investing. Nearness to the 52‐week high dominates and improves upon the forecasting power of past returns (both individual and