Salt 52-Week High Index
Targets US large- and midcap stocks trading at or near their 52-week highs.
The Salt 52-Week High Index targets stocks at or near their 52-week closing highs—a key indicator of strength and price momentum familiar to many investors. Academic research shows that momentum—buying recent strength—can often lead to further gains and attractive risk-adjusted returns across a range of asset classes and geographies. The Index is designed to target this well-known factor.
Beginning with the top 1000 largest US stocks, the strategy screens for the 300 that are closest to their 52-week high and have made the biggest moves recently, ultimately selecting the 50 best performers over the previous quarter.
|Base Date||Mar 31, 1999|
|Inception Date||Jan 5, 2021|
|Calculation Agent||Salt Financial Indices LLC|