What the F is "The momentum effect "

CFA Level II
#1

When I see new concepts I haven’t seen before I break out in hives. This pertains to multi factor models.

#2

(actual returns - expected returns)/standard deviation of returns I think

#3

or if you refer to fama and french means that the companies that outperformed in recent past have a higer chance of outperforming in the future…

#4

for fama and french there are 3 factors : size, momentum and I can’t remember the third one

#5

size, momentum and value maybe. Somewhere in early chapter of Schweser book 4.

#6

yes value I remember now value stocks tend to outperform growth