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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 (2026-08-22), Major Drilling Group International's 12-1 Month Momentum % is 60.88%.
Major Drilling Group International (OTCPK:MJDLF) 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.
Major Drilling Group International 12-1 Month Momentum % Related Terms
Major Drilling Group International 12-1 Month Momentum % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.
Major Drilling Group International 12-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Major Drilling Group International's 12-1 Month Momentum % falls into.
Major Drilling Group International (OTCPK:MJDLF) 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.
Major Drilling Group International (MJDLF) has a 12-1 Month Momentum % of 60.88% as of Aug. 22, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Major Drilling Group International and its competitors. According to the industry distribution chart, Major Drilling Group International ranks #681 out of 2484 companies in the Metals & Mining industry, placing it in the top 27.4%.
Is Major Drilling Group International's 12-1 Month Momentum % too high?
Major Drilling Group International's current 12-1 Month Momentum % is 60.88%. The Metals & Mining industry median 12-1 Month Momentum % is 12.49. Major Drilling Group International's value of 60.88% is 387.4% above this industry median. Based on the distribution chart, Major Drilling Group International ranks #681 out of 2484 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Major Drilling Group International has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's 12-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Major Drilling Group International ranks #681 out of 2484 companies for 12-1 Month Momentum %. This puts Major Drilling Group International in the upper half of its industry. The industry median 12-1 Month Momentum % is 12.49. Major Drilling Group International's value of 60.88% is 387.4% 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 a Metals & Mining company?
The median 12-1 Month Momentum % among Metals & Mining companies is 12.49, based on 2,484 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. Major Drilling Group International's current 12-1 Month Momentum % of 60.88% is 387.4% 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 Major Drilling Group International and its competitors. For the Metals & Mining industry, the median 12-1 Month Momentum % is 12.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Major Drilling Group International's current 12-1 Month Momentum % is 60.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (MJDLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.43, compared to a current price of $12.77 — trading 51.5% above its estimated fair value. The current 12-1 Month Momentum % is 60.88% and 387.4% above the Metals & Mining industry median of 12.49. Major Drilling Group International's overall GF Score™ is 80/100 with 7 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 Major Drilling Group International (MJDLF), the current 12-1 Month Momentum % is 60.88% as of Aug. 22, 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 Major Drilling Group International (MJDLF) Overvalued in 2026?
Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued.
The current stock price of $12.77 is trading 51.5% above its estimated GF Value™ of $8.43.
GuruFocus considers Major Drilling Group International to be Significantly Overvalued.
Key valuation signals for MJDLF:
12-1 Month Momentum %: 60.88%
GF Value™: $8.43 vs. price of $12.77 (51.5% above fair value)
Industry Position: 387.4% above the Metals & Mining median (#681 of 2484)
No single metric tells the full story. See the MJDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
80GF Score
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