Trend-following with better adaptation to large downside risks

• Teruko Takada ,

  Roles Conceptualization, Formal analysis, Funding acquisition, Investigation, Methodology, Project administration, Resources, Software, Supervision, Validation, Visualization, Writing – original draft, Writing – review & editing

  * E-mail: ttakada@omu.ac.jp

  Affiliation Graduate School of Business, Osaka Metropolitan University, Osaka, Japan

  https://orcid.org/0000-0002-3694-5415

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• Takahiro Kitajima

  Roles Data curation, Formal analysis, Investigation, Methodology, Software, Validation, Writing – review & editing

  Affiliations Graduate School of Business, Osaka Metropolitan University, Osaka, Japan, Faculty of Commerce, Kumamoto Gakuen University, Kumamoto, Japan

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