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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 (2026-07-30), Cia Energetica DE Minas Gerais - Cemig's 12-1 Month Momentum % is 1.71%.
MEX:CIGN's 12-1 Month Momentum % is ranked better than 56.48% of 540
companies
in the Utilities - Regulated industry
Industry Median: 0.95
vs MEX:CIGN: 1.71
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) 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.
Cia Energetica DE Minas Gerais - Cemig 12-1 Month Momentum % Related Terms
MEX:CIGN vs NEE, SO, DUK: 12-1 Month Momentum % Comparison
For the Utilities - Regulated Electric subindustry, Cia Energetica DE Minas Gerais - Cemig'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.
Cia Energetica DE Minas Gerais - Cemig 12-1 Month Momentum % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Cia Energetica DE Minas Gerais - Cemig's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cia Energetica DE Minas Gerais - Cemig's 12-1 Month Momentum % falls into.
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) 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.
Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) has a 12-1 Month Momentum % of 1.71% as of Jul. 30, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Cia Energetica DE Minas Gerais - Cemig and its competitors. According to the industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #235 out of 540 companies in the Utilities - Regulated industry, placing it in the top 43.5%.
Is Cia Energetica DE Minas Gerais - Cemig's 12-1 Month Momentum % too high?
Cia Energetica DE Minas Gerais - Cemig's current 12-1 Month Momentum % is 1.71%. The Utilities - Regulated industry median 12-1 Month Momentum % is 0.95. Cia Energetica DE Minas Gerais - Cemig's value of 1.71% is 80% above this industry median. Based on the distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #235 out of 540 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Cia Energetica DE Minas Gerais - Cemig has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cia Energetica DE Minas Gerais - Cemig's 12-1 Month Momentum % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Cia Energetica DE Minas Gerais - Cemig ranks #235 out of 540 companies for 12-1 Month Momentum %. This puts Cia Energetica DE Minas Gerais - Cemig in the upper half of its industry. The industry median 12-1 Month Momentum % is 0.95. Cia Energetica DE Minas Gerais - Cemig's value of 1.71% is 80% 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 0.95, based on 540 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. Cia Energetica DE Minas Gerais - Cemig's current 12-1 Month Momentum % of 1.71% is 80% 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 Cia Energetica DE Minas Gerais - Cemig and its competitors. For the Utilities - Regulated industry, the median 12-1 Month Momentum % is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cia Energetica DE Minas Gerais - Cemig's current 12-1 Month Momentum % is 1.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cia Energetica DE Minas Gerais - Cemig stock overvalued right now?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN8,476.90, compared to a current price of MXN38.00 — trading 99.6% below its estimated fair value. The current 12-1 Month Momentum % is 1.71% and 80% above the Utilities - Regulated industry median of 0.95. Cia Energetica DE Minas Gerais - Cemig's overall GF Score™ is 57/100 with 5 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 Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN), the current 12-1 Month Momentum % is 1.71% as of Jul. 30, 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 Cia Energetica DE Minas Gerais - Cemig (MEX:CIGN) Overvalued in 2026?
Based on GuruFocus' analysis, Cia Energetica DE Minas Gerais - Cemig stock appears to be undervalued.
The current stock price of MXN38.00 is trading 99.6% below its estimated GF Value™ of MXN8,476.90.
GuruFocus considers Cia Energetica DE Minas Gerais - Cemig to be Significantly Undervalued.
Key valuation signals for MEX:CIGN:
12-1 Month Momentum %: 1.71%
GF Value™: MXN8,476.90 vs. price of MXN38.00 (99.6% below fair value)
Industry Position: 80% above the Utilities - Regulated median (#235 of 540)
No single metric tells the full story. See the MEX:CIGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cia Energetica DE Minas Gerais - Cemig Business Description
Cia Energetica DE Minas Gerais - Cemig is a Brazilian energy company engaged in the generation, transmission, distribution, and commercialization of electricity, as well as natural gas distribution. The company operates through six segments: Generation, Transmission, Trading, Distribution, Gas, and Investees. Its activities include power generation mainly from hydroelectric sources, operation and maintenance of transmission and distribution infrastructure, electricity sales to captive and free-market customers, and gas distribution in Minas Gerais. The company derives a majority of its revenue from the Distribution segment, which comprises the distribution and sale of electricity to captive customers, and the operation and maintenance of infrastructure and related services.
57GF Score
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