This page is part of analysis of momentum stock portfolios of Nifty 500 stocks using Rolling Momentum Stock Portfolio Strategy. For more, read the article.
On this page, we track the performance and draw-down metrics of the February 2018 momentum stock portfolio for top 10, 20 & 30 momentum stocks and compare it to the Nifty 50 and Nifty 500 index benchmarks. The charts will get updated every day at 8 PM IST after the market closes.
Here is the list of top 30 momentum stocks for February 2018 (list is generated at January 2018 end & portfolio entered at closing prices on the first market working day of the February 2018 , 2017).
As usual, a word of caution, do exercise discretion while entering the momentum portfolios. Unless, this is being done in a systemic and long term manner, please pay attention to the high valuations of the stocks and loss of momentum in mid-cap and small-cap stocks which are the majority of momentum stocks in top 30.
Nifty P/E is at highs last seen during dot-com bubble and prior to sub-prime crisis indicting sky high valuation of stocks.