UBS Equities-Asia Style Guide _Momentum turned negative_ Stephens-107976446
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- 《UBS Equities-Asia Style Guide _Momentum turned negative_ Stephens-107976446.pdf》
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- up, with EPS Growth and Fundamental Growth returning 2.1% and 1.6% respectively.
- April. 12m Momentum experienced a sharp drop of 6.2% on a long-short basis and was
- April's worst performer. Overall, Delta Quality performed best last month, up 4.7%.
- The macro environment's explanatory power fell significantly in April, from 52% in
- March to 43%. USD Index remained the main macro driver, accounting for 22% of the
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