Thanks…
I was thinking relative momentum for stocks comparison. But later realized that it may be same as sorting or else if we want to do it truly we need to find their relative momentum in industry which is complex.
For Cochinship, I tried changing date & calculation. You are right, chochinship is coming at 11th place.
However if you see the chart, it was even below 30SMA (daily)… May be we need to study if all other have fallen (or sideways with low 6 month increase) at the same rate. So adding another check might help…
Few more questions
- What is the significance of calculation beyond yellow highlighting in raw_data sheet (columns 559 to 567)?
- Have you used any backtesting library? Using google sheet is cumbersome to check historical pf value.
Subscribe To Our Free Newsletter |