Strategy lab
Every strategy from 151 Trading Strategies and all 101 Formulaic Alphas as formulas you can edit and backtest on ten years of daily stocks, ETFs, futures, forex and crypto data. Free, in your browser.
16.4Real estateReference
Real estate momentum – regional approach
House prices show momentum across metropolitan areas: invest where past returns were highest, via regional REITs or housing-index derivatives.
Why there is no chart
Regional house price indexes.
The lab runs on daily prices for stocks, ETFs, indexes, futures, currencies, crypto and Treasury yields. This strategy from 151 Trading Strategies depends on data outside that set, so it is explained and formalised here rather than backtested.
Hypothetical backtests on daily closes with no slippage unless you add costs. Survivorship bias applies: the stock list is today’s large caps. For learning, not investment advice. Data: Yahoo Finance via yfinance.
- Source
- 151 Trading Strategies
- Section
- 16.4 · Real estate
- Asset class
- Real estate
- In the lab
- Explained, not backtested
Real estate momentum – regional approach (16.4)
House prices show momentum across metropolitan areas: invest where past returns were highest, via regional REITs or housing-index derivatives.
Data it needs
Regional house price indexes.
More in Real estate
- 16.2 Mixed-asset diversification with real estate
- 16.3 Intra-asset diversification within real estate
- 16.3.1 Property type diversification
- 16.3.2 Economic diversification
- 16.3.3 Property type and geographic diversification
- 16.5 Inflation hedging with real estate
Source: Kakushadze, Z. and Serur, J. A. (2018). 151 Trading Strategies. Palgrave Macmillan. SSRN 3247865. Summaries are our own.