Solution - AQR Momentum Strategies

# Output from previous execution

	Annualized Mean	Annualized Vol	Annualized Sharpe	Skewness	mkt_corr	val_corr
1927 - 2025	7.3%	16.2%	45.0%	-306.2%	-34.8%	-41.0%
1927 - 1993	8.8%	16.1%	54.9%	-391.1%	-36.7%	-50.1%
1994 - 2008	10.3%	17.5%	58.6%	-59.6%	-24.0%	-12.0%
2009 - 2025	-1.4%	15.6%	-9.0%	-267.6%	-35.9%	-32.5%

# Output from previous execution

	Annualized Mean	Annualized Vol	Annualized Sharpe	Skewness	mkt_corr	val_corr
long_and_short	4.1%	16.6%	24.9%	-145.2%	-30.6%	-21.5%
long_only	11.5%	17.8%	64.5%	-44.5%	90.5%	-12.4%

# Output from previous execution

Text(0.5, 1.0, 'Cumulative Returns')

# Output from previous execution

	Annualized Mean	Annualized Vol	Annualized Sharpe	Skewness	mkt_corr	val_corr
mom_D1	7.4%	29.9%	24.8%	-127.1%	-36.5%	-40.3%
mom_D3	2.7%	19.3%	13.9%	-132.0%	-37.8%	-39.7%
mom_D5	1.6%	13.4%	11.6%	-140.8%	-36.1%	-39.1%
UMD	4.1%	16.6%	24.9%	-145.2%	-34.8%	-41.0%

# Output from previous execution

	Annualized Mean	Annualized Vol	Annualized Sharpe	Skewness	mkt_corr	val_corr
All_stocks	4.1%	16.6%	24.9%	-145.2%	-34.8%	-41.0%
Small_stocks	6.2%	16.8%	36.9%	-181.3%	-34.1%	-39.3%
Big_stocks	2.1%	18.2%	11.4%	-85.5%	-32.2%	-38.9%