Momentum — methodology

Momentum buys the stocks that rose the most over the past year, skipping the last month.

Rules

1. 12-1 return: price change from 252 to 21 sessions ago.
2. Price must be above the SMA200.
3. The 12 highest scores, at most 3 per sector.
4. When Compass is in cash, new positions are half size.
5. Rebalanced monthly, at the open of the first session of the month.

Data

Needs at least 253 sessions of history. Sectors come from the reports and the dividend assessment; a stock without a known sector is not grouped with others.

Virtual portfolio

• Capital PLN 100,000, commission 0.2% per trade, start 6 Nov 2026, first orders at the open on 9 Nov 2026.
• Benchmark: WIG20 (price index).
• A simulation on raw GPW archive prices. Dividends are not yet added to the portfolio and tax is not included.
• Missing data is not an error: the strategy stays in cash and the Report tab shows what is missing ("waiting for data").
• A screening exercise, not investment advice.