The ability to access resources detailing investment strategies implementing both absolute and relative performance analysis, often in portable document format, at no cost is a common objective for individuals seeking to enhance their financial literacy. Such documentation typically outlines the methodology, backtesting results, and potential risks associated with this approach to asset allocation, which aims to capitalize on prevailing market trends across different asset classes and within specific markets.
The appeal of obtaining these informational resources stems from the desire to understand and potentially implement a systematic investment methodology. This systematic approach can offer a framework for decision-making, potentially reducing emotional biases and improving long-term investment outcomes. The historical context lies in the evolution of quantitative finance, where researchers have identified momentum as a persistent anomaly in financial markets, leading to the development and refinement of these kinds of strategies.
