They are the predictable consequence of crowded positioning, compressed volatility, and sudden regime change. We built this initiative because the academic literature had identified the symptoms but left the diagnosis incomplete. You deserve a clearer picture of when momentum turns from tailwind to trap.
We are a collective of quantitative researchers, data scientists, and former practitioners who study the anatomy of momentum drawdowns. Our work sits at the intersection of rigorous empirical inquiry and the practical realities of navigating markets.
Largest documented momentum strategy drawdown during the 2009 reversal episode, illustrating the severity of regime-dependent risk
Our team combines deep experience in quantitative asset pricing, statistical modeling, and market microstructure. We have worked at investment banks, academic institutions, and independent research firms. What unites us is a shared obsession with understanding why momentum strategies occasionally collapse — and how to recognize the warning signs.
Awarded by the New Zealand Finance Society for our methodological framework identifying pre-crash momentum conditions using cross-sectional positioning data.
Recognized by an independent academic consortium for publishing full replication code alongside our momentum fragility indicators.
Institutional Collaboration Prize
Honored for sustained partnership between our research group and university finance departments advancing empirical market microstructure studies.
Acknowledged for developing novel alternative data signals that improve early detection of momentum strategy crowding and subsequent reversal risk.
Commended for making historical momentum crash datasets freely available to academic researchers and independent analysts worldwide.
We evaluate research ideas by whether they change how a thoughtful practitioner would approach momentum exposure. If a finding is statistically significant but operationally meaningless, we set it aside. Our audience consists of people who must make real decisions with imperfect information.