Seasonality strategy: We short 15 stocks with the lowest average returns and buy 15 stocks with the highest average returns based on historical average returns in December from 2009-2020. We analyzed companies included in the S&P 500 index. In our fund we maintain the leverage level of 1.80. Long positions are initially equally weighted. Rank 4. in long position

S&P 500 Momentum Fund , long-position , Rank 7 based on the highest previous-month returns.

Top 30 In the NASDAQ

Our strategy is to buy volatile stocks. This was listed by newsblare.com as one of the most volatile stocks we found. High volatility goes hand in hand with high expected returns and we are not very risk averse. We use leverage to gain even higher expectes returns.

Our investment strategy consists of buying the top 10 performing stocks of the Nasdaq 100 index, and short-selling the 10 worst-performing stocks of the same index. We chose the companies based on their performance in the last 3 months. Due to a holding period of only one month, we believe that a passive strategy is more appropriate than an active strategy. The weight of each company in our portfolio will be approximately equal, which increases diversification benefits of this portfolio. We will use almost all available debt in order to benefit from the additional expected returns from leverage.

Opening position