What are the rational and irrational reasons that can generate the momentum return?
Rational reasons for momentum returns be like some good news is expected from the company side or the whole sector in which company is working is undergoing with improvements .
Other reason can be peers of the company are getting good returns so one can expect our company to also perform since both companies are in the same industry
Irrational reason may be like buyer orders are more than sellers orders. It's like herd mentality and stock is rising without any indication of any good news.
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