NuEnergy Gas (ASX:NGY) 12-1 Month Momentum %: 35.48% (As of Sep. 10, 2026)

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What is NuEnergy Gas 12-1 Month Momentum %?

NuEnergy Gas ASX:NGY -17.50% 12-1 Month Momentum % is 35.48% as of Sep. 10, 2026. The stock has 2 warning signs investors should review. Among 1,011 Oil & Gas companies, NuEnergy Gas ranks better than 66.96% 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 (2026-09-10), NuEnergy Gas's 12-1 Month Momentum % is 35.48%.

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

ASX:NGY's 12-1 Month Momentum % is ranked better than
66.96% of 1011 companies
in the Oil & Gas industry
Industry Median: 12.46 vs ASX:NGY: 35.48

NuEnergy Gas  (ASX:NGY) 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.

NuEnergy Gas 12-1 Month Momentum % Related Terms

ASX:NGY vs COP, EOG, OXY: 12-1 Month Momentum % Comparison

For the Oil & Gas E&P subindustry, NuEnergy Gas'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.

NuEnergy Gas 12-1 Month Momentum % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NuEnergy Gas's 12-1 Month Momentum % distribution charts can be found below:

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


NuEnergy Gas  (ASX:NGY) 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 35.48% mean?
NuEnergy Gas (ASX:NGY) has a 12-1 Month Momentum % of 35.48% as of Sep. 10, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on NuEnergy Gas and its competitors. According to the industry distribution chart, NuEnergy Gas ranks #334 out of 1011 companies in the Oil & Gas industry, placing it in the top 33%.
Is NuEnergy Gas' 12-1 Month Momentum % too high?
NuEnergy Gas' current 12-1 Month Momentum % is 35.48%. The Oil & Gas industry median 12-1 Month Momentum % is 12.46. NuEnergy Gas' value of 35.48% is 184.8% above this industry median. Based on the distribution chart, NuEnergy Gas ranks #334 out of 1011 companies in the Oil & Gas industry, which is above the industry midpoint.
How does NuEnergy Gas' 12-1 Month Momentum % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NuEnergy Gas ranks #334 out of 1011 companies for 12-1 Month Momentum %. This puts NuEnergy Gas in the upper half of its industry. The industry median 12-1 Month Momentum % is 12.46. NuEnergy Gas' value of 35.48% is 184.8% above this benchmark. 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 an Oil & Gas company?
The median 12-1 Month Momentum % among Oil & Gas companies is 12.46, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NuEnergy Gas's current 12-1 Month Momentum % of 35.48% is 184.8% above the industry median. 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 NuEnergy Gas and its competitors. For the Oil & Gas industry, the median 12-1 Month Momentum % is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuEnergy Gas's current 12-1 Month Momentum % is 35.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuEnergy Gas stock overvalued right now?
NuEnergy Gas (ASX:NGY) has a current 12-1 Month Momentum % of 35.48%. The current 12-1 Month Momentum % is 35.48% and 184.8% above the Oil & Gas industry median of 12.46. 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 NuEnergy Gas (ASX:NGY), the current 12-1 Month Momentum % is 35.48% as of Sep. 10, 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.

NuEnergy Gas Business Description

Industry EnergyOil & Gas
Other Exchanges NUB:Germany
Address Unit 3, 39 Brook Street, Sunbury, VIC, AUS, 3429
NuEnergy Gas Ltd is engaged in the exploration, appraisal, and development of clean natural gas, also known as coal bed methane (CBM). The exploration assets of the group are predominantly located in Indonesia. The company operates in one segment, which is CBM exploration.