Browsing by Author "El Saiid, Mohamed"

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    Analyzing Momentum-Based and Moving Average-Based Portfolio Strategies: A Case Study of the Egyptian Stock Market
    (Ain shams University, 2024-07) Nabil, Mohamed; El Saiid, Mohamed; Abdou, Doaa Salman; Saleh, Ashraf
    This study introduces two competing portfolio-styled trading/investment strategies (“A” & “B”), based on a combination of well-accredited & researched Technical Analysis (TA) techniques and approaches, namely Relative Performance (RP), Momentum (Rate of Change) and Moving Averages (MA). This research aims at measuring the outcome performance of the on-portfolio security selection in the Egyptian stock market, to assess the likelihood of TA portfolio-styled trading/investment strategies to achieve superior results to the Buy & Hold (B&H) strategy in the Egyptian stock market. The research offers indepth analysis & assessments of the performance and results of the two strategies using both, relevant and validated measurements of portfolio performance. Ultimately, the research aims at producing validated and academic research on TA-based strategies that are designed to aid individual and institutional investors in their short-term investment decisions, while reducing their exposure to specific or unsystematic risk through diversification and portfolio security selection. The findings were able to render conclusive evidence to the advantage of the portfolio-styled trading/investing strategies, favoring strategy “A” over “B”, over the passive “Buy & Hold” strategy as represented by the EGX30 market benchmark Index.