Momentum factor
Technical analysisA tilt towards stocks that have risen most over the past 6–12 months.
In plain terms
The best-documented factor and the one with no comfortable explanation. It fails hardest at inflection points, by construction.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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A tilt towards stocks that have risen most over the past 6–12 months.
The best-documented factor and the one with no comfortable explanation. It fails hardest at inflection points, by construction.