same-state HQ momentum spillover (2-hop)
In plain terms
Tests whether a stock follows a wider web of companies based in its home state when they trend.
How it works
Two-hop variant of same-state-HQ momentum propagation (direct state peers plus decay-weighted second-degree links). As with the 1-hop version, same-HQ-state carries no documented lead-lag basis and is retained only as an exploratory directional cell.
Live results
0 times picked on its own · 162 times inside a blend (148 beat the stock) · updated 2026-06-06Data dependencies
- Entity graph edges
A data feed this strategy reads, refreshed on its normal schedule.
- Daily prices
Adjusted-close OHLCV for every US-listed ticker; primary price feed.
- Firm hq locations
A data feed this strategy reads, refreshed on its normal schedule.
Expected edge
Weak/exploratory wider same-state-HQ diffusion; no documented lead-lag basis.
Related families
Tests whether a stock follows other companies headquartered in its home state when they trend.
Tests whether a stock snaps back when a wider web of home-state companies overreacts.
When a company drifts away from other firms based in its home state, it tends to drift back.
Explore same-state HQ momentum spillover (2-hop) on alphactor.ai
See which tickers this family is currently firing on, with live signals and rankings.