The momentum effect indicates that stocks with the:
A) best long-term past performance will continue to perform well.
B) best short-term past performance will continue to perform well.
C) worst long-term past performance will reverse course and perform well.
D) worst short-term past performance will reverse course and perform well.

Question

Quizplus · Accepted Answer

The momentum effect suggests that stocks with strong short-term past performance are likely to continue performing well in the near future.

The Momentum Effect Indicates That Stocks with The