--- title: "Månadsuppdatering: Värde & Momentum" id: "23018" type: "post" slug: "manadsuppdatering-varde-momentum-231225" published_at: "2025-12-23T09:13:52+00:00" modified_at: "2026-02-04T14:21:27+00:00" url: "https://neuroquant.ai/en/manadsuppdatering-varde-momentum-231225/" markdown_url: "https://neuroquant.ai/en/manadsuppdatering-varde-momentum-231225.md" excerpt: "Värde & Momentum är en portfölj som syftar till att identifiera bolag med god fundamental grund och positivt prisbeteende. Portföljvikter justeras för volatilitet och ändringar görs en gång i månaden. Med tålamod, disciplin och en systematisk positionshantering har vi goda..." taxonomy_category: - "Blogg" - "Strategier" taxonomy_post_tag: - "Aktier" - "Faktorbaserad strategi" - "Modellportfölj" - "Momentum" - "Värde" --- Blog, Strategies # Månadsuppdatering: Värde & Momentum Posted by Erik Martin Hansén 23/12/2025 **Value & Momentum is a portfolio that aims to identify companies with good fundamentals and positive price behavior. Portfolio weights are adjusted for volatility and changes are made once a month. With patience, discipline and systematic position management, we have good conditions to outperform over time.** Our stock portfolios are included in our premium package. [Click here](https://neuroquant.ai/aktieportfoljer-och-strategier/) to read more about our stock portfolios and their development. ### **Information** - **Direction:**Long only (no short positions) - **Strategic direction:**Factor-based stock strategy (value & momentum) - **Investment universe:**Nordic - **Portfolio weights:**Volatility-adjusted (all holdings contribute similar risk) - **Rebalancing frequency:**Monthly **Information inför 2026**Inför 2026 gör vi några mindre justeringar i universet för våra tre aktieportföljer. Syftet är att öka differentieringen mellan portföljerna och undvika många överlappande innehav. Top Picks Momentum kommer att fokusera på svenska bolag, Värde & Momentum kommer fortsätta att investera i Norden och Volatilitet & Kvalitet kommer att fokusera på USA. Ändringarna kommer att genomföras successivt under de kommande månaderna i samband med våra ordinarie månadsuppdateringar. --- ### **Development** Under 2025 har portföljen stigit med **26,8 %**, med en maximal nedgång på **17 %**. Som jämförelse har **XACT Sverige ETF** stigit 15,9 %, medan **XACT Norden** har ökat med 2,9 % under samma period. **Nelly Group**, **B2 Impact ASA** and **Per Aarsleff Holding A/S** har bidragit mest till portföljens utveckling, medan **Enea**, **Lucara Diamond** and **MEKO** har varit de största negativa bidragsgivarna. Portföljen har en övervikt mot **finanssektorn**, vilket har gynnat utvecklingen under de senaste månaderna, understött av stabila trender i exempelvis **Jyske Bank**, **Danske Bank**and **Swedbank**. ##### **Utveckling månad (%)** | År | Jan | Feb | Mar | Apr | Maj | Jun | Jul | Aug | Sep | Okt | Nov | Dec | Total | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2023 | | | | | -0,7 | 4,7 | 3,3 | -1,7 | 0,5 | 1,1 | -0,5 | 3,6 | 10,5 | | 2024 | 4,2 | 4,4 | 6,7 | 3,1 | 6,0 | -2,0 | 3,4 | -0,4 | 1,8 | 1,4 | 1,0 | 1,6 | 35,7 | | 2025 | 3,8 | 4,0 | -5,2 | 0,3 | 3,7 | 5,2 | 3,9 | 0,7 | 3,8 | 1,3 | 0,6 | 2,2 | 26,8 | *Utvecklingen är endast vägledande och beror på exekvering, slippage och courtage.* ##### **Utveckling och drawdown, Year-to-Date** ### **Förändringar och innehav** Create an account to read the full article Create an account to read the full article This article is part of our analysis service. Create an account to get full access to analysis and our strategies. [Get 50% off Premium](https://app-new.neuroquant.ai/en/pc/register) If you already have an account, you can [log in](https://app-new.neuroquant.ai) Risk Warning: Investing in financial markets always involves risk. Historical performance is no guarantee of future results, and there is a possibility that you may lose all or part of your invested capital. Our analyses and indicators are based on historical data and statistical models, but these models cannot predict future market movements with complete certainty. The value of investments may fluctuate significantly due to market conditions, company-specific factors and global economic events. It is important that you carefully consider your financial situation and your ability to bear potential losses before investing. 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[https://www.instagram.com/neuroquant/](https://www.instagram.com/neuroquant/) [https://www.facebook.com/NeuroQuant/](https://www.facebook.com/NeuroQuant/) [https://www.youtube.com/channel/UCSQNQYnFXl_r5Mx1RZJ41Ug](https://www.youtube.com/channel/UCSQNQYnFXl_r5Mx1RZJ41Ug) [https://www.linkedin.com/company/77067872](https://www.linkedin.com/company/77067872) [https://x.com/neuroquantNQ](https://x.com/neuroquantNQ) [Shares](https://neuroquant.ai/en/tag/aktier/) [Factor-based strategy](https://neuroquant.ai/en/tag/faktorbaserad-strategi/) [Model portfolio](https://neuroquant.ai/en/tag/modellportfolj/) [Momentum](https://neuroquant.ai/en/tag/momentum/) [Value](https://neuroquant.ai/en/tag/varde/) Posted by Erik Martin Hansén After studying at Uppsala University, Erik Hansén has worked in the financial industry since 2007 at several brokerage firms and traded privately. In his role as an analyst, Erik has written highly regarded market letters. ### Related Posts [https://neuroquant.ai/en/webinar-sa-fungerar-warranter/](https://neuroquant.ai/en/webinar-sa-fungerar-warranter/) ##### [Webinar: How Warrants Work](https://neuroquant.ai/en/webinar-sa-fungerar-warranter/) By Erik Martin Hansen 19/10/2026 [https://neuroquant.ai/en/marknadspulsen-wilcox-strategin-pa-stockholmsborsen/](https://neuroquant.ai/en/marknadspulsen-wilcox-strategin-pa-stockholmsborsen/) ##### [Market Pulse: The Wilcox Strategy on the Stockholm Stock Exchange](https://neuroquant.ai/en/marknadspulsen-wilcox-strategin-pa-stockholmsborsen/) By Erik Martin Hansen 09/10/2026 [https://neuroquant.ai/en/marknadspulsen-manatlig-oversikt-av-marknadslaget-9/](https://neuroquant.ai/en/marknadspulsen-manatlig-oversikt-av-marknadslaget-9/) ##### [Market Pulse: Monthly overview of the market situation](https://neuroquant.ai/en/marknadspulsen-manatlig-oversikt-av-marknadslaget-9/) By Erik Martin Hansen 05/10/2026