@kuldeep_agarwal Your strategy might also work.
What I suggested was slightly different. You have to do ranking 3 times.
- Check 1 year performance. Rank the stocks.
- Check 6 months performance. Rank the stocks.
- Add the rank of 1 year and 6 months. You will get total rank.
- Rank the stocks based on total rank.
This is the simplest and easiest way to start a momentum portfolio. You can add more factors to reduce the volatility or reduce drawdown etc.
But this should work for you well.
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