Trend
Momentum
A classic intermediate-horizon trend signal that ranks stocks by trailing performance while skipping the most recent month.
Trend
52-Week High
A price-to-high anchoring signal that measures how close a stock is to its trailing 52-week high.
Trend
52-Week High 12
Definition phase
Definition
The 52-week high signal measures the ratio of the current price to the highest price achieved over the prior twelve months. Higher values indicate that the stock is trading nearer to its trailing high, while lower values indicate that it is further away.
The economic idea is that investors anchor on the 52-week high as a salient reference point and underreact when a stock trades near that level. That turns nearness to the high into a hybrid trend-and-anomaly signal tied to anchoring and behavioral underreaction.
Inside the finance research stack, the representative implementation sorts the Russell 1000 cross-section on nearness to the trailing 52-week high and compares the closest names against the furthest names in a market-neutral spread.
Related Signals
Nearby ideas in the library.
Trend
Residual Momentum
A momentum variant that strips out common factor exposure so the ranking focuses on stock-specific trend persistence.
Trend
Price Momentum + Volume
A composite signal that combines trailing momentum with turnover, favoring low-volume winners over high-volume losers.