Factor Library

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Factor Combination Tips

Best practices for combining factors in your strategy

Complementary Factors

  • • Value + Momentum: Classic combo with low correlation
  • • Quality + Value: Avoid value traps
  • • Foreign Flow + Momentum: Korean market alpha

Avoid Overlap

  • • Multiple momentum timeframes are highly correlated
  • • ROE and ROA measure similar concepts
  • • Consider factor correlations when weighting