Trend
Momentum
A classic intermediate-horizon trend signal that ranks stocks by trailing performance while skipping the most recent month.
Trend
Price Momentum + Volume
A composite signal that combines trailing momentum with turnover, favoring low-volume winners over high-volume losers.
Trend
12-Month Price Momentum and Volume
Definition phase
Definition
Price momentum and volume first measures trailing price momentum, then adjusts that ranking with a turnover proxy built from trading activity relative to shares outstanding. The resulting score is highest for low-turnover winners and lowest for high-turnover losers.
The central idea is that turnover can sharpen momentum by distinguishing early-stage winners from crowded or late-stage moves. Low-volume winners may have more room to continue, while high-volume losers can reflect more entrenched pessimism.
Inside the finance research stack, the representative implementation sorts the Russell 1000 cross-section on the combined score and compares the strongest names against the weakest 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 Crossover
A moving-average gap signal that measures whether price is trading above or below a slower baseline.