Macro Metals (ASX:M4M) 12-1 Month Momentum %: -14.29% (As of Aug. 15, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Macro Metals 12-1 Month Momentum %?

Macro Metals ASX:M4M 12-1 Month Momentum % is -14.29% as of Aug. 15, 2026. The stock has 2 warning signs investors should review. Among 634 Steel companies, Macro Metals ranks worse than 157728.55% on this metric.

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-15), Macro Metals's 12-1 Month Momentum % is -14.29%.

The industry rank for Macro Metals's 12-1 Month Momentum % or its related term are showing as below:

ASX:M4M's 12-1 Month Momentum % is not ranked
in the Steel industry.
Industry Median: -4.68 vs ASX:M4M: -14.29

Macro Metals  (ASX:M4M) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Macro Metals 12-1 Month Momentum % Related Terms

ASX:M4M vs NUE, STLD, RS: 12-1 Month Momentum % Comparison

For the Steel subindustry, Macro Metals's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Macro Metals 12-1 Month Momentum % vs Steel Industry

For the Steel industry and Basic Materials sector, Macro Metals's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Macro Metals's 12-1 Month Momentum % falls into.


Macro Metals  (ASX:M4M) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 12-1 Month Momentum % →
What does a 12-1 Month Momentum % of -14.29% mean?
Macro Metals (ASX:M4M) has a 12-1 Month Momentum % of -14.29% as of Aug. 15, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Macro Metals and its competitors. According to the industry distribution chart, Macro Metals ranks #999999 out of 634 companies in the Steel industry.
Is Macro Metals' 12-1 Month Momentum % too high?
Macro Metals' current 12-1 Month Momentum % is -14.29%. Based on the distribution chart, Macro Metals ranks #999999 out of 634 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Macro Metals' 12-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Macro Metals ranks #999999 out of 634 companies for 12-1 Month Momentum %. This places Macro Metals in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Steel company?
A good 12-1 Month Momentum % depends on the Steel industry context. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Macro Metals and its competitors. Macro Metals's current 12-1 Month Momentum % is -14.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macro Metals stock overvalued right now?
Macro Metals (ASX:M4M) has a current 12-1 Month Momentum % of -14.29%. The current 12-1 Month Momentum % is -14.29%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Macro Metals (ASX:M4M), the current 12-1 Month Momentum % is -14.29% as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Macro Metals Business Description

Address 25 Prowse Street, Level 3, Perth, WA, AUS, 6005
Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.