Key points
US equity momentum-versus-minimum-volatility price ratio and trend ｜ Recent ratio near 1.44, a ~5 standard-deviation overshoot, above the 2000, 2008 and 2021 peaks
Image source: @ConnorJBates_
2026-11-08
US Momentum vs Minimum-Volatility Equities Hit a ~5 Standard-Deviation Overshoot