https://blog.alansun.host/tags/%E5%8A%A8%E9%87%8F%E5%9B%A0%E5%AD%90/Recent content in 动量因子 on 没用知识库Hugo -- gohugo.iozh-cnalansundy@gmail.com (羊羊羊)alansundy@gmail.com (羊羊羊)© 2026 羊羊羊Fri, 06 Nov 2026 00:00:00 +0000https://blog.alansun.host/posts/20261106_%E5%8D%95%E4%B8%80%E5%9B%A0%E5%AD%90%E5%8E%BB%E6%9D%A0%E6%9D%86%E4%B8%8Eai%E4%BA%A4%E6%98%93%E4%BB%93%E4%BD%8D%E8%B0%83%E6%95%B4_andylee/Fri, 06 Nov 2026 00:00:00 +0000alansundy@gmail.com (羊羊羊)https://blog.alansun.host/posts/20261106_%E5%8D%95%E4%B8%80%E5%9B%A0%E5%AD%90%E5%8E%BB%E6%9D%A0%E6%9D%86%E4%B8%8Eai%E4%BA%A4%E6%98%93%E4%BB%93%E4%BD%8D%E8%B0%83%E6%95%B4_andylee/Andy lee 视频笔记：深入拆解近期半导体与AI核心标的剧烈调整的微观机制。明确指出本轮下跌绝非AI长期产业叙事的破灭，而是高拥挤度动量（MTUM）与高Beta因子遭遇流动性收缩后的多杀多踩踏。详细分享了应对单一因子去杠杆的仓位分批加减节奏、防守线设置与多因子再平衡框架。