Re: Momentum

[ Message Board ] [ Archives ] [ Search ]

In Reply to: Re: Momentum posted by Bill on January 07, 2006 at 11:49:15:

: : : Mark,

: : : You have mentioned before that we may get actual yield values for 1mo-3mo-6mo in version 8.0 (coming soon I hope). Would it also be possible in the report writer to get a value called MOM (momentum) that is the sum of the selected yield periods for a given asset? Like: MOM = 1mo+3mo+6mo+1yr. I get this information from several different newsletters, but it sure would be great to have it readily available and with up to date values on Fund Manager. I have used the strategy for years of being in funds that are in the top MOM quartile of their peer group and it would be so nice to be able to sort only the funds that I follow using FM.

: : : Thanks for your patience with my on going request,

: : : Bill

: :
: : Hi Bill,

: : We are indeed planning to offer the option of non-annualized yields for yields with a period shorter than 1 year. This is has been on our to-do list for quite some time.

: : Thank you for the MOM idea. I'm not familiar with this MOM term. Do you know of a good reference to read about it? Is it always using the same yield terms, or do you want to be able to choose which yield terms it would sum?

: : Thanks,
: : Mark
: : --
: : Mark Beiley
: : Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003
: :

: Mark,

: Two sources that use MOM are www.soundmindinvesting.com and www.fundx.com,you can get a feel for it at their web sites. It would be good to vary which yield periods that you could use. FundX uses the sum of 1mo-3mo-6mo-1yr(they divide the result by 4, but that's not necessary), whereas, SMI uses only 3mo-6mo-1yr. It would be nice to select either. Thanks for considering this!

: Bill

Hi Bill,

Okay, thanks for the help, I'll read up on this.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003

Replies: