Proposed Stock Selection by Short-Term Momentum and Industry Strength

Summary

The post asks how to add an industry-strength ranking to a short-term stock momentum selection process. The proposed workflow first selects five stocks using a momentum strategy, then ranks them by the speed of gains in their primary or secondary industry, and chooses the stock associated with the top-ranked industry.

The document states the intended selection sequence but does not define how to calculate industry gain speed, how to assign stocks to industries, or how to resolve ties. It supplies no implementation, data, backtest, or evidence that the additional ranking improves results. As a result, it is useful mainly as a description of a two-stage ranking idea and an unresolved implementation question, rather than as a ready-to-use factor or validated strategy.

Key ideas

• The proposed process first selects five stocks using short-term momentum.
• It then ranks the selected stocks by the recent gain speed of their industries.
• The intended industry classification can use either a primary or secondary industry grouping.
• The post does not specify the measurement window, formula, or implementation for industry strength.
• No backtest or evidence is provided to assess whether the ranking improves selection.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.