Hello @Rajneesh_Vashisht You are right. I could have changed the allocation differently for the top 5 or bottom 5, but this requires some back testing to check the efficacy. Therefore, I decided to go ahead with equal weighting when I started. For someone who is starting now with the list, I would recommend to start with equal weighting of 5% for each of stock.

Now, since I have let the winners run (without trimming them back to 5%), my weighting is very different to when I started. Every week, the value of entry is equal (more or less) to the value of exit.

thanks for your reply. appreciate it. So, we are getting kind of aligned:)

i haven’t delved much into log returns part, and how that is important, but trust you to be on top of what you’re doing.

but then, wouldn’t it make sense to add more qualifiers to what is recommended by Momentum index, as you’ve put so much of efforts for replicating it realtime.

eg, let’s say should we not think of adding more allocation to top rankers (btw you’ve done that by keeping them run up if they don’t go lower than rank 25). would u mind sharing how is allocation for each of PF constituents?

December 26, 2023: Praveg Limited, India’s leading eco-responsible
luxury resorts company, announced receiving the work order for Operation, Maintenance and Management of Jalandhar House, Diu and Damanganga Circuit House, Silvassa. The work order for both properties is for a period of Seven (7) years that could be extended up to another Three (3) years.
Jalandhar House and Damanganga projects are spanning across a sprawling 15,000 and 12,000 square meters respectively. These expansive properties represent an exciting addition to Praveg’s portfolio, aimed at delivering an elevated and premium guest experience, further enriching our commitment to
exceptional hospitality.
With the addition of these properties, Praveg will now have 9 properties in operation and 12 under development. Company aims to further add more eco-responsible luxury resorts across India.

Hello @Rajneesh_Vashisht 6m and 12m have ranking based on momentum ratios only. I have used them to give me a feel of which stocks are doing what over 6m and 12m look back period.

Actually, ranking for me is based on Normalised Z scores only.

You are right; I have used the inputs from 200Momentum30 to create my sheet. As you know, 200Momentum30 is based on Nifty 200 index. I have used the Small250 universe to create my pf.

Two observations from the below data:

1. FII definitely has no control over the Indian Stock Markets now. (FII sold in CY 2021-2022 still Nifty went from 14k to 18k & in CY2023 still FII are net sellers)

2. The money that was taken out in CY 2021-2022-2023 will that all come back in 2024???