Common Factors in Trend Following

The Center for International Securities and Derivatives Markets (CISDM) at the University of Massachusetts Amherst (mouthful eh?) offers an interesting piece of research on trend following trading (PDF). Don’t let perceptions that some of the material is “too” complex deter you. As always in academic works, you are trying to find nuggets of useful information buried in verbose writing!

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.