Eggins, Jon; Hill, Robert J. - School of Economics, UNSW Business School - 2008
/contrarian and value/growth styles. (JEL C43, G11, G23)
KEY WORDS: Momentum index; Contrarian index; Performance measurement …). The missing ingredient
in the market is a momentum index.
This is particularly important given that large numbers of …&P 500 index), it is possible that a momentum
index defined relative to the benchmark index may still be contrarian (if its …