Already up 2x since September. Any one else been following this, any other latest updates on their business since September? I haven’t had time to check on this since.

@lovekesh_thakur
Can you please explain more why you think their technology stack is immature and is a management gimmick?

I don’t completely agree with that because developing apps with high scale request throughput with micro service architecture with Kafka/Kubernetes is the future where industry is heading. It definitely requires dev expertise (I am a dev myself, having worked with Microsoft, paypal, etc). I saw their latest investor presentation and based on the last few pages where they described case studies with some clients, it is definitely adding value.

As far as generative AI is concerned, I won’t comment as I have limited knowledge in that area and would actually side with your opinion that management is hyping it up. But for their development revenues, I would like to differ.

@LarryWink No issues. All good.

You provided a good opportunity to clarify that this pf is not a fool proof strategy that will keep rising all the time.

I put up this pf as a thread so that people can critique it and help improve. As I mentioned previously, my understanding is that for momentum, best returns are achieved considering price changes only. Anything else will reduce this as it mutes overall changes.

Of course, even with the momentum ratio factor that I have used, we could end up with a high return / high volatility stock or low return / low volatility stock. But these are far and few.

Another area of improvement can be to change the look back period or change the weighting factor for 1 year and 6 months Z score.

I do not have capability to run simulation. Hence, any change can come with experience only, but will take time.

@visuarchie

Hello Vishwanath
It wasnt meant to critic or boast particular strategy, i highly regard your efforts as well as this thread and i plan to follow it…pls pardon my english if it caused confusion.
All i meant was to raise a doubt and see if there is any way to further improve the momentum approach.
All good…yes ?

@LarryWink

1. There is nothing in this strategy that makes it extra ordinary and neither is claimed. What we have to remember is that if the market is going up, this strategy might go up more. If it is going down, this pf will also go down, albeit slightly lower. That is because we are holding the strongest stocks all the time.

2. From what I understand, best returns are achieved following momentum based on price changes only. Anything else will mute these returns. Even the volatility factor that I have used, will reduce the returns.