Twin Momentum Investor

Based on the research paper by Dashan Huang - Last Updated: 12/23/2022

Twin Momentum Investor Strategy Explanation Video

Since 2008, this portfolio has returned 1,032.7%, outperforming the market by 694.8% using its optimal monthly rebalancing period and 10 stock portfolio size.

Twin Momentum
S&P 500
* Returns are model returns and do not reflect actual trading. Full performance disclaimer

This momentum model looks for a combination of fundamental momentum and price momentum.

Annual Return: 18.9% S&P 500: 11.1%
Year To Date: -26.7% S&P 500: -19.8%
Beta: 1.13 Accuracy: 56.6%
Full Return History

Portfolio Holdings


Ticker Date Added Return
HRB 9/16/2022 -12.55%
HIG 12/9/2022 0.99%
CMC 11/11/2022 6.30%
DAR 12/9/2022 -1.60%
CIG 11/11/2022 4.48%
CLFD 12/9/2022 -7.41%
LPG 6/24/2022 30.22%
LRN 10/14/2022 -27.91%
COOP 9/16/2022 -7.33%
VOYA 11/11/2022 -10.88%

Latest Changes

Last Rebalancing: 12/9/2022  Next Rebalancing: 1/6/2023

Additions Deletions
CLFD ACHC
DAR SNEX
HIG VALE

Current Top Rated Stocks

The stocks that would be in this portfolio if it were rebalanced today.

Ticker Current
Score
LRN 100%
BCC 100%
DECK 100%
CLFD 100%
HRB 100%
LPG 100%
ELP 100%
CIG 100%
PLAB 100%
HIG 100%

Strategy Description Video

Podcast

Performance Disclaimer: Returns presented on Validea.com are model returns and do not represent actual trading. As a result, they do not incorporate any commissions or other trading costs or fees. Model portfolios with inception dates on or after 12/30/2005 include a combination of back tested and live model returns. The back-tested performance results shown are hypothetical and are not the result of real-time management of actual accounts. The back-testing of performance differs from actual account performance because the investment strategy may be adjusted at any time, for any reason and can continue to be changed until desired or better performance results are achieved. Back-tested returns are presented to provide general information regarding how the underlying strategy behind the portfolio performed in our historical testing. A back-tested strategy has the benefit of hindsight and the results do not reflect the impact that material economic or market factors may have had on advisor's decision-making if actual client assets were being managed using this approach. The model portfolios offered on Validea are concentrated and as a result they will exhibit high levels of volatility and their performance can be substantially impacted by the performance of individual positions.

Optimal portfolios presented on Validea.com represent the rebalancing period that has led to the best historical performance for each of our equity models. Each optimal portfolio was determined after the fact with performance information that was not available at portfolio inception. As a result, an investor could not have invested in the optimal portfolio since its inception. Optimal portfolios are presented to allow investors to quickly determine the portfolio size and rebalancing period that has performed best for each of our models in our historical testing.

Both the model portfolio and benchmark returns presented for all equity portfolios on Validea.com are not inclusive of dividends. Returns for our ETF portfolios and trend following system, and the benchmarks they are compared to, are inclusive of dividends. The S&P 500 is presented as a benchmark because it is the most widely followed benchmark of the overall US market and is most often used by investors for return comparison purposes. As with any investment strategy, there is potential for profit as well as the possibility of loss and investors may incur a loss despite a past history of gains. Past performance does not guarantee future results. Results will vary with economic and market conditions.