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Detailed quantitative tests for every of the factors are provided in the book. As the author works for S&P, he has the usage of the best database on stocks and shares, and he presents his results for multiple factors within each of the above seven categories. The testing shows that the top single factor strategy for achieving excess comeback is price momentum determined using 28/16 relative strength. The best strategy using two combined factors for excess comeback is price momentum plus nearness 52-week high.
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