Should I be surprised that here is no equivalent of MTUM or IWMO for the Indian market?
The MSCI momentum index methodology PDF gives a good overview of how the index is constructed. If the data is as easy to get as you say it is, and compute is cheap - it must be possible to backtest the MOMO-India strategy to an equivalent MSCI-India-MTUM index, no? Comparing to midap-100 seems a bit...er, unfair.
Should I be surprised that here is no equivalent of MTUM or IWMO for the Indian market?
The MSCI momentum index methodology PDF gives a good overview of how the index is constructed. If the data is as easy to get as you say it is, and compute is cheap - it must be possible to backtest the MOMO-India strategy to an equivalent MSCI-India-MTUM index, no? Comparing to midap-100 seems a bit...er, unfair.