Strategy
Momentum
Australia

ASX Momentum Strategy Closed Trades

20 Apr 2020
By
Rivkin has been running the ASX Momentum Strategy since March 2016.

The ASX Momentum strategy works on the idea that stock prices that have risen significantly over the past, relative to their peers, have a tendency to continue to outperform. This is known as the momentum effect and has been examined extensively in the academic literature.  To learn more about ASX Momentum Strategy click here.

 

2020

Stock CodeStock nameEntry DateEntry PriceExit DateExit PriceUnitsGross P/L (%)Gross P/L
TPM
TPG Telecom
16 Mar 20$7.5015 May 20$7.14
667
(4.80%)($240.12)
COL
Coles Group Limited
15 Apr 20$16.4915 May 20$15.10
303
(8.43%)($421.17)
NST
Northern Star Resources
16 Mar 20$9.7015 Apr 20$12.93
515
33.30%$1,663.45
WOW
Woolworths Group
16 Mar 20$37.0015 Apr 20$35.89
135
(3.00%)($149.85)
CGF
Challenger
16 Mar 20$5.9015 Apr 20$5.49
847
(6.95%)($347.27)
GMG
Goodman Group
16 Mar 20$13.4115 Apr 20$13.50
373
0.67%$33.57
CSL
CSL
16 Dec 19$282.0615 Apr 20$330.00
18
17.00%$862.92
DMP
Domino's Pizza Enterprises
16 Mar 20$50.9415 Apr 20$49.39
98
(3.04%)($151.90)
RMD
Resmed
16 Dec 19$22.2115 Apr 20$25.14
225
13.19%$659.25
ALL
Aristocrat Leisure Limited
17 Dec 19$34.1916 Mar 20$24.50
146
(28.34%)($1,414.74)
CAR
Carsales.Com Limited
17 Dec 19$16.6716 Mar 20$12.95
299
(22.32%)($1,112.28)
XRO
Xero Limited
15 Nov 19$77.6516 Mar 20$74.80
64
(3.67%)($182.40)
JBH
JB HI-FI Limited
16 Sep 19$34.0816 Mar 20$30.04
147
(7.70%)($385.98)
JHX
James Hardie Industries
23 Oct 19$25.0616 Mar 20$22.34
199
(10.39%)($517.90)
FMG
Fortescue Metals Group Limited
16 Sep 19$9.0216 Mar 20$8.94
554
11.15%$557.17
APT
Afterpay Limited
17 Feb 20$38.6116 Mar 20$21.50
129
(44.31%)($2,207.19)
MFG
Magellan Financial Group Limited
15 Jan 20$62.4916 Mar 20$40.01
80
(34.06%)($1,702.50)
BPT
Beach Energy Limited
15 Jan 20$2.7517 Feb 20$2.16
1818
(21.45%)($1,072.62)
QAN
Qantas Airways
16 Dec 19$7.3315 Jan 20$7.17
682
(2.18%)($109.12)
LLC
Lendlease
16 Dec 19$19.1215 Jan 20$18.51
262
(3.19%)($159.82)

2019

Stock CodeStock nameEntry DateEntry PriceExit DateExit PriceUnitsGross P/L (%)Gross P/L
APT
Afterpay Touch
16 Sep 19$31.6016 Dec 19$28.57
158
(9.59%)($478.74)
NCM
Newcrest Mining
15 Aug 19$37.3115 Nov 19$31.15
134
(16.51%)($825.44)
WTC
WiseTech Global Limited
15 Oct 19$34.5023 Oct 19$24.79
145
(28.14%)($1,407.95)
MFG
Magellan Financial
15 Mar 19$35.9915 Oct 19$47.51
139
0.32%$1,601.28
NST
Northern Star
15 Aug 19$12.4316 Sep 19$10.51
402
(15.45%)($1,584.00)
CHC
Charter Hall Group
15 Feb 19$8.5616 Sep 19$10.82
584
28.41%$2,867.33
EVN
Evolution Mining
15 Aug 19$5.3716 Sep 19$4.53
931
(15.64%)($1,627.92)
APT
Afterpay Touch
15 Jul 19$24.3815 Aug 19$23.13
205
(5.13%)($510.00)
FMG
Fortescue Metals
15 Feb 19$6.2815 Aug 19$7.32
796
30.89%$3,069.08
ALU
Altium Limited Ordinary
17 Jun 19$32.9015 Aug 19$32.64
152
(0.79%)($81.38)
RIO
Rio Tinto Limited Ordinary
17 Jun 19$103.4715 Jul 19$103.02
48
(0.43%)($43.65)
A2M
The A2 Milk Company
15 Apr 19$14.0517 Jun 19$13.95
356
(0.71%)($71.20)
XRO
Xero Ltd.
15 May 19$54.5317 Jun 19$58.43
92
7.15%$690.30
RIO
Rio Tinto
15 Apr 19$100.8915 May 19$96.50
50
(4.35%)($439.00)
GMG
Goodman Group
15 Feb 19$12.6115 Apr 19$13.04
397
3.41%$344.00
EVN
Evolution Mining
15 Feb 19$3.7915 Apr 19$3.50
1319
(7.65%)($779.52)
NST
Northern Star Resources
15 Jan 19$9.5215 Mar 19$8.96
525
(5.88%)($593.60)

2018

Stock CodeStock nameEntry DateEntry PriceExit DateExit PriceUnitsGross P/L (%)Gross P/L
NST
Northern Star Resources
15 Oct 18$9.0017 Dec 18$8.07
556
(10.33%)($1,089.03)
WHC
Whitehaven Coal
16 Jul 18$5.7015 Nov 18$4.67
877
(18.07%)($1,823.10)
XRO
Xero Ltd.
16 Apr 18$35.8515 Oct 18$43.00
139
19.94%$2,123.55
STO
Santos Ltd.
15 Aug 18$6.4215 Oct 18$6.82
779
6.23%$622.00
CSL
CSL Limited
15 Jun 18$188.6915 Oct 18$188.51
26
(0.10%)($9.36)
RMD
Resmed Inc
17 Sep 18$15.9515 Oct 18$14.38
313
(9.84%)($1,025.21)
FLT
Flight Centre Travel Group Ltd.
15 Mar 18$54.1017 Sep 18$55.11
92
2.98%$301.07
ALL
Aristocrat Leisure
16 Jul 18$31.6815 Aug 18$31.00
158
(2.15%)($213.52)
STO
Santos Ltd.
15 Jun 18$5.8816 Jul 18$6.14
850
4.42%$442.00
EVN
Evolution Mining
15 Jun 18$3.5516 Jul 18$3.31
1408
(6.76%)($674.40)
AWC
Alumina Ltd
15 May 18$2.8415 Jun 18$2.73
1761
(3.87%)($418.00)
A2M
The A2 Milk Company
15 Dec 17$7.4515 Jun 18$10.62
671
42.55%$2,497.96
BSL
Bluescope Steel
15 May 18$18.5015 Jun 18$18.35
270
(0.81%)($90.00)
NST
Northern Star Resources
15 Mar 18$6.5915 May 18$6.70
759
2.35%$238.86
EVN
Evolution Mining
15 Mar 18$2.8815 May 18$3.28
1736
13.89%$1,396.00
BSL
Bluescope Steel
15 Mar 18$15.5216 Apr 18$15.80
322
1.80%$185.08
STO
Santos Ltd.
15 Dec 17$5.0815 Mar 18$4.80
984
(5.51%)($1,199.24)
S32
South32
15 Jan 18$3.9115 Mar 18$3.18
1279
(18.67%)($4,161.00)
A2M
The A2 Milk Company
15 Dec 17$7.4515 Mar 18$12.76
671
71.28%$5,702.94
ORG
Origin Energy
15 Dec 17$9.2015 Feb 18$8.66
543
(5.87%)($1,276.02)
NST
Northern Star Resources
15 Jan 18$6.0615 Feb 18$6.15
825
1.49%$333.09
CIM
Cimic Group
16 Oct 17$46.3615 Jan 18$50.82
108
9.62%$2,087.28
CAR
Carsales.com
15 Dec 17$15.3115 Jan 18$14.28
327
(6.73%)($1,466.72)

2017

Stock CodeStock nameEntry DateEntry PriceExit DateExit PriceUnitsGross P/L (%)Gross P/L
COH
Cochlear Ltd
15 Nov 17$177.4015 Dec 17$175.11
28
(1.29%)($286.25)
NST
Northern Star Resources
15 Nov 17$5.5815 Dec 17$5.74
896
2.87%$637.44
FLT
Flight Centre Travel Group Ltd.
17 Jul 17$44.1015 Dec 17$44.56
113
3.17%$603.40
QAN
Qantas Airways
15 May 17$4.7415 Nov 17$5.72
1055
22.15%$4,540.20
IFL
Ioof Holdings Ltd
16 Oct 17$11.2315 Nov 17$10.60
445
(5.61%)($1,220.31)
ILU
Iluka Resources
15 Aug 17$9.3315 Nov 17$9.45
536
1.93%$397.98
AWC
Alumina Ltd.
15 Sep 17$2.1816 Oct 17$2.24
2294
2.75%$586.68
ALQ
ALS Limited
15 Aug 17$7.9916 Oct 17$8.27
626
3.50%$726.60
S32
South32 Limited
15 Aug 17$3.0615 Sep 17$3.13
1634
4.94%$1,011.16
ALL
Aristocrat Leisure
19 Apr 17$19.4015 Aug 17$20.74
258
7.63%$1,382.32
BSL
BlueScope Steel Limited
15 Nov 16$9.2815 Aug 17$14.13
539
52.69%$8,401.02
CPU
Computershare Limited
17 Jul 17$14.7815 Aug 17$14.43
338
(2.37%)($447.65)
NST
Northern Star Resources
15 Jun 17$4.7817 Jul 17$4.56
1046
(4.60%)($928.40)
CSL
CSL Limited
15 Jun 17$140.6817 Jul 17$130.13
36
(7.50%)($1,540.30)
DOW
Downer EDI
15 May 17$6.3215 Jun 17$6.27
791
(0.79%)($160.90)
AGL
AGL Energy
15 Mar 17$25.0015 Jun 17$25.28
200
1.12%$234.36
ORG
Origin Energy
18 Apr 17$7.5215 May 17$7.62
665
1.33%$241.10
CPU
Computershare Ltd.
15 Mar 17$13.9015 May 17$14.81
360
6.55%$1,371.37
DOW
Downer EDI
17 Oct 16$5.6918 Apr 17$5.38
879
(3.34%)($622.25)
FMG
Fortescue Metals
15 Jun 16$3.1318 Apr 17$5.35
1597
81.15%$8,585.20
RIO
Rio Tinto Limited
15 Feb 17$68.6715 Mar 17$60.20
73
(9.95%)($1,933.97)
AWC
Alumina Ltd.
15 Dec 16$1.7715 Mar 17$1.82
2825
5.08%$982.62
S32
South32 Ltd
15 Sep 16$2.1915 Feb 17$2.67
2283
21.92%$3,487.20

2016

Stock CodeStock nameEntry DateEntry PriceExit DateExit PriceUnitsGross P/L (%)Gross P/L
JBH
JB Hi-Fi
17 Oct 16$29.0715 Nov 16$25.65
172
(11.76%)$0.00
ALL
Aristocrat Leisure
15 Aug 16$15.4215 Nov 16$14.07
324
(8.75%)$0.00
COH
Cochlear
15 Sep 16$133.8917 Oct 16$137.47
37
2.67%$0.00
BSL
BlueScope Steel
15 Jun 16$6.1717 Oct 16$7.74
810
25.45%$0.00
NST
Northern Star
15 Aug 16$4.8615 Sep 16$4.11
1029
(15.43%)$0.00
NCM
Newcrest Mining
18 May 16$21.3015 Sep 16$21.17
235
(0.61%)$0.00
STO
Santos Ltd
15 Jul 16$4.8116 Aug 16$4.71
1040
(2.08%)$0.00
S32
South32
15 Jul 16$1.8915 Aug 16$1.98
2646
4.50%$0.00
CIM
Cimic Group Ltd.
18 May 16$38.1015 Jul 16$32.33
131
(15.14%)$0.00
TWE
Treasury Wine Estates
18 May 16$10.2415 Jul 16$9.54
488
(6.84%)$0.00
DMP
Dominos Pizza Enterprises
18 May 16$67.7715 Jun 16$68.77
74
1.48%$0.00
MPL
Medibank Private
18 May 16$3.1115 Jun 16$3.09
1608
(0.64%)$0.00
View Comments (2)

2
Comments

You need to be a Strategies user to comment on this post. Click here and become premium now!

Mark M.

On the 23/10/2019 this strategy sold WTC at a big loss. This is not reflected in the table above. Can you please explain for members why you choose to hide such a poor closed trade?

Anonymous User

Hello Mark,

You are correct. We have just amended the table to reflect the WTC trade. We bought this on the 15th of October at $34.50 as part of our normal process, however we made a discretionary call to exit on 23rd October at $24.79. It was merely an oversight that the trade was not in the table, as our typical process is to update the closed ASX Momentum trades table shortly after the 15th of each month.

Regards, Thomas.

We are glad you liked it

For your convenience, this will appear under your Saved articles in the top menu.