Jan 2000
Jan 2005
Jan 2010
Jan 2015
0
1
2
3
4
5
6
100k
1M
10M
100M
1B
TSMOM scaled for volatility
Unlevered TSMOM
Leverage
Nifty50
EW Long Only
Dates
Leverage
Cumulative Returns
Global Financial Crisis
Dotcom
Unlevered
â–¼