Value vs momentum: Which is the better investment strategy?

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Value Investing

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It focuses on identifying stocks that are trading below their intrinsic value. Investors seek bargains, believing that the market will eventually recognise the company's worth, leading to price appreciation.

Momentum Investing

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It is based on the idea that stocks that have performed well in the recent past are likely to continue doing so.

Analysis

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Value investors rely heavily on fundamental analysis, looking at earning, revenue, debt level, while Momentum investing, however, leans more towards technical indicators.

Long-term Focus

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Value investors typically adopt a long-term approach, holding stocks for several years.

Short-term Gains

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Momentum investors, on the other hand, usually look for shorter-term gains, capitalising on current market trends. They're quicker to buy and sell bsed on market dynamics, aiming to benefit from price shifts.

Market Cycles Affect Both

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Value investing tends to outperform in market downturns, as undervalued stocks are seen as safer. Momentum strategies often excel during strong bull markets, as trends gain steam.

Risks Involved in Both Strategies

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Value investing carries the risk that a stock may remain undervalued or take time to realise its potential. Momentum investing risks arise from sudden reversals, where a stock's trend might abruptly change direction.

Who Should Consider Value vs Momentum

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Value investing may suit conservative investors who are willing to wait for returns, while momentum investing can attact aggressive investors looking to benefit from market trends.

Finding the Right Balance

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Experts often recomended a balanced portfolio approach, combining both value and momentum investments.

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