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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-19), Compania deneamento de Minas Gerais - COPASA MG's 12-1 Month Momentum % is 137.61%.
BSP:CSMG3's 12-1 Month Momentum % is ranked better than 98.31% of 533
companies
in the Utilities - Regulated industry
Industry Median: 0.29
vs BSP:CSMG3: 137.61
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 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.
Compania deneamento de Minas Gerais - COPASA MG 12-1 Month Momentum % Related Terms
BSP:CSMG3 vs AWK, WTRG, AWR: 12-1 Month Momentum % Comparison
For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.
Compania deneamento de Minas Gerais - COPASA MG 12-1 Month Momentum % vs Utilities - Regulated Industry
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 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.
What does a 12-1 Month Momentum % of 137.61% mean?
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a 12-1 Month Momentum % of 137.61% as of Aug. 19, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. According to the industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #9 out of 533 companies in the Utilities - Regulated industry, placing it in the top 1.7%.
Is Compania deneamento de Minas Gerais - COPASA MG's 12-1 Month Momentum % too high?
Compania deneamento de Minas Gerais - COPASA MG's current 12-1 Month Momentum % is 137.61%. The Utilities - Regulated industry median 12-1 Month Momentum % is 0.29. Compania deneamento de Minas Gerais - COPASA MG's value of 137.61% is 47351.7% above this industry median. Based on the distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #9 out of 533 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's 12-1 Month Momentum % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #9 out of 533 companies for 12-1 Month Momentum %. This places Compania deneamento de Minas Gerais - COPASA MG in the top 2% of its industry — outperforming the majority of peers. The industry median 12-1 Month Momentum % is 0.29. Compania deneamento de Minas Gerais - COPASA MG's value of 137.61% is 47351.7% 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 Utilities - Regulated company?
The median 12-1 Month Momentum % among Utilities - Regulated companies is 0.29, based on 533 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. Compania deneamento de Minas Gerais - COPASA MG's current 12-1 Month Momentum % of 137.61% is 47351.7% 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 Compania deneamento de Minas Gerais - COPASA MG and its competitors. For the Utilities - Regulated industry, the median 12-1 Month Momentum % is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania deneamento de Minas Gerais - COPASA MG's current 12-1 Month Momentum % is 137.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.88, compared to a current price of R$53.85 — trading 108.1% above its estimated fair value. The current 12-1 Month Momentum % is 137.61% and 47351.7% above the Utilities - Regulated industry median of 0.29. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 81/100 with 3 warning signs to review. 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current 12-1 Month Momentum % is 137.61% as of Aug. 19, 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.
Is Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued.
The current stock price of R$53.85 is trading 108.1% above its estimated GF Value™ of R$25.88.
GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.
Key valuation signals for BSP:CSMG3:
12-1 Month Momentum %: 137.61%
GF Value™: R$25.88 vs. price of R$53.85 (108.1% above fair value)
Industry Position: 47351.7% above the Utilities - Regulated median (#9 of 533)
No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
81GF Score
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