Re: Momentum

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In Reply to: Re: Momentum posted by Mark on December 13, 2003 at 13:23:03:

: : : : Mark,
: : : : Thanks again fot the great product, have used it for years! I'm a momentum investor with mutual funds and have been unable to make a custom report that will work. Under the Fund Performance yield report I use the 1m,3m,6m,1y yields, it would be nice to have a "MOM" selection that you could take the sum of the selected yields and divide by the total number of yields selected. Does this make sence, or is it possible?

: : : : Oh, I do like that I can sort the report using the differnt yield elections, just figured that out!

: : : : Thanks,

: : : : Bill

: : : Hi Bill,

: : : This doesn't sound like something you can in Fund Manager today. Does "MOM" stand for something? It sounds like
: : : you're looking for an average of all the yields?

: : : Thanks,
: : : Mark
: : : --
: : : Mark Beiley
: : :
: : : Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP
: : :

: : Hi Mark,

: : Yes, I'm looking for an average of the yields. "MOM" was what I was calling the average, stands for momentum.

: : Thanks,

: : Bill

: Hi Bill,

: Thanks for the explanation. Is this something commonly used? I haven't
: heard of it before. Is there somewhere I can read about using this for
: momentum trading?

: Thanks,
: Mark
: --
: Mark Beiley
:
: Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP
:

Hi Mark,

I'll try this again, Momentum or udgrading is a common strategy. It is used by No Load Fund X and Sound Mind Investing. You basically take an average of the sum of the yields. It helps to show when a fund is hot and when it starts to cool off. A formula would be MOM=1m+3m+6m+1y/4, with your program you could use any assortment of yields that you would like, ie., at SMI they do not normally use the 1m yield in their MOM formula. Its a good tool if you can add it to the "Fund Performace Yield" report.

Thanks,

Bill

Replies:

• Re: Momentum Bill 15:39:32 12/13/03 (1)
  • Re: Momentum Mark 20:53:25 12/13/03 (0)