Someone save my thetas

This month, I continue buying stakes in ALIV together with primarily ALIV and KINV. My investments are expected to enter the market on Monday, 6th Feb 2023, and the allocation is presented as below. 

Again, I use my dynamic investment strategy (see A few simple rows – Restated). This month, however, the thetas derived by my strategy (-54.6 for dolvol and -2.14 for momentum) seems truly extreme. 

The -54.6 dolvol theta tells me to put as little weight on liquid stock as possible. Meanwhile, the -2.14 momentum theta tells we to invest in past losers rather than past winners. The latter seems a bit controversial strategy wise, don’t you think?