It is well known that finance results published in academic papers cannot always be trusted.
Could you please re-post the link to the Cakici paper? The link in the article does not work.
Hmmm, try this link where you can ask the authors to send you the paper: https://www.researchgate.net/publication/367158163_Factor_Momentum_Versus_Stock_Price_Momentum_A_Revisit
Could you please re-post the link to the Cakici paper? The link in the article does not work.
Hmmm, try this link where you can ask the authors to send you the paper: https://www.researchgate.net/publication/367158163_Factor_Momentum_Versus_Stock_Price_Momentum_A_Revisit