Smallcap momentum portfolio

@Amandeep_Singh2 Sorry, I missed this message when you had posted this previously.

Do you want to suppress volatility? Nifty 200 includes 50% of midcaps and therefore, might be worth retaining the aspect of volatility (I use this even for Nifty 50 and Nifty Next 50).

However, if you want to ignore the volatility part, then you can focus on Rate of Change only.

There are multiple ways of going about this.

1. Look at 12months return only and rank them.
2. Look at 6months return only and rank them.
3. Take an average of 12months and 6 months and then rank them.

You can ignore the factor called momentum ratio in our worksheet.