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New Horizon AircraftHOVR -1.52%14 12-1 Month Momentum % is 16.57% as of Sep. 15, 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 338 Aerospace & Defense companies, New Horizon Aircraft ranks better than 65.38% 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 (2026-09-15), New Horizon Aircraft's 12-1 Month Momentum % is 16.57%.
The industry rank for New Horizon Aircraft's 12-1 Month Momentum % or its related term are showing as below:
HOVR's 12-1 Month Momentum % is ranked better than 65.38% of 338
companies
in the Aerospace & Defense industry
Industry Median: 0.52
vs HOVR: 16.57
New Horizon Aircraft (NAS:HOVR) 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.
New Horizon Aircraft 12-1 Month Momentum % Related Terms
HOVR vs EVTL, CODA, SIF: 12-1 Month Momentum % Comparison
For the Aerospace & Defense subindustry, New Horizon Aircraft'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.
New Horizon Aircraft 12-1 Month Momentum % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where New Horizon Aircraft's 12-1 Month Momentum % falls into.
New Horizon Aircraft (NAS:HOVR) 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.
New Horizon Aircraft (HOVR) has a 12-1 Month Momentum % of 16.57% as of Sep. 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 New Horizon Aircraft and its competitors. According to the industry distribution chart, New Horizon Aircraft ranks #117 out of 338 companies in the Aerospace & Defense industry, placing it in the top 34.6%.
Is New Horizon Aircraft's 12-1 Month Momentum % too high?
New Horizon Aircraft's current 12-1 Month Momentum % is 16.57%. The Aerospace & Defense industry median 12-1 Month Momentum % is 0.52. New Horizon Aircraft's value of 16.57% is 3086.5% above this industry median. Based on the distribution chart, New Horizon Aircraft ranks #117 out of 338 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's 12-1 Month Momentum % compare to EVTL and CODA?
According to the Aerospace & Defense industry distribution chart, New Horizon Aircraft ranks #117 out of 338 companies for 12-1 Month Momentum %. This puts New Horizon Aircraft in the upper half of its industry. The industry median 12-1 Month Momentum % is 0.52. New Horizon Aircraft's value of 16.57% is 3086.5% 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 Aerospace & Defense company?
The median 12-1 Month Momentum % among Aerospace & Defense companies is 0.52, based on 338 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. New Horizon Aircraft's current 12-1 Month Momentum % of 16.57% is 3086.5% 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 New Horizon Aircraft and its competitors. For the Aerospace & Defense industry, the median 12-1 Month Momentum % is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Horizon Aircraft's current 12-1 Month Momentum % is 16.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current 12-1 Month Momentum % of 16.57%. The current 12-1 Month Momentum % is 16.57% and 3086.5% above the Aerospace & Defense industry median of 0.52. New Horizon Aircraft's overall GF Score™ is 14/100 with 1 warning sign 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 New Horizon Aircraft (HOVR), the current 12-1 Month Momentum % is 16.57% as of Sep. 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.
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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