influences the profitability of the original 52-week high momentum strategy. Design/methodology/approach: This paper decomposes … employ a portfolio approach and Fama-MacBeth regression analysis to investigate the profitability of each proposed momentum … original 52-week high measure can increases (decreases) the momentum profit, implying that the updating component dominates the …

investor learning about profitability signals underlying earnings. We show that modified earnings variables with lower …, learning efforts to date have been suboptimal at exploiting profitability signals within firms' earnings streams …

This paper examines the profitability of momentum strategies within the Malaysian stock market. Its also investigates …