TY - JOUR T1 - Do Momentum Strategies Work? JF - The Journal of Investing SP - 65 LP - 71 DO - 10.3905/joi.2004.434552 VL - 13 IS - 3 AU - Stanley G. Eakins AU - Stanley R. Stansell Y1 - 2004/08/31 UR - https://pm-research.com/content/13/3/65.abstract N2 - The purpose of this study is to investigate whether an investment strategy based on using the prior performance of sector funds to direct future investments can provide superior risk-adjusted performance. Most momentum research had been focused on individual stocks. A few studies have looked at momentum in industries. This study extends this work by investigating whether sector funds capture the success reported using momentum strategies on industry groups. ER -