Question 51

How to trade the traditional momentum strategy in the most accurate way? Suppose today is month t and you can only buy stocks like AQR but not short sell stocks.

		Buy stocks with high returns over the months of t-1 to t-12.
		Buy stocks with high returns over the months of t-2 to t-12.
		Buy stocks with low returns over the past 3 to 5 years.
		Buy stocks with high returns in month t-1.