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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 (2026-08-01), Africa Resources AB's 12-1 Month Momentum % is -63.21%.
The industry rank for Africa Resources AB's 12-1 Month Momentum % or its related term are showing as below:
NGM:AFRI's 12-1 Month Momentum % is ranked worse than 97.53% of 2515
companies
in the Metals & Mining industry
Industry Median: 20
vs NGM:AFRI: -63.21
Africa Resources AB (NGM:AFRI) 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.
Africa Resources AB 12-1 Month Momentum % Related Terms
NGM:AFRI vs HL, SIND: 12-1 Month Momentum % Comparison
For the Other Precious Metals & Mining subindustry, Africa Resources AB'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.
Africa Resources AB 12-1 Month Momentum % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Africa Resources AB's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Africa Resources AB's 12-1 Month Momentum % falls into.
Africa Resources AB (NGM:AFRI) 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 -63.21% mean?
Africa Resources AB (NGM:AFRI) has a 12-1 Month Momentum % of -63.21% as of Aug. 01, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Africa Resources AB and its competitors. According to the industry distribution chart, Africa Resources AB ranks #2453 out of 2515 companies in the Metals & Mining industry, placing it in the top 97.5%.
Is Africa Resources AB's 12-1 Month Momentum % too high?
Africa Resources AB's current 12-1 Month Momentum % is -63.21%. Based on the distribution chart, Africa Resources AB ranks #2453 out of 2515 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Africa Resources AB has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Africa Resources AB's 12-1 Month Momentum % compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Africa Resources AB ranks #2453 out of 2515 companies for 12-1 Month Momentum %. This places Africa Resources AB in the lower half of its industry. The industry median 12-1 Month Momentum % is 20.00. 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 20.00, based on 2,515 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. 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 Africa Resources AB and its competitors. For the Metals & Mining industry, the median 12-1 Month Momentum % is 20.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Resources AB's current 12-1 Month Momentum % is -63.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Resources AB stock overvalued right now?
Based on GuruFocus' analysis, Africa Resources AB (NGM:AFRI) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.57, compared to a current price of kr0.15 — trading 74.4% below its estimated fair value. The current 12-1 Month Momentum % is -63.21%. Africa Resources AB's overall GF Score™ is 28/100 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 Africa Resources AB (NGM:AFRI), the current 12-1 Month Momentum % is -63.21% as of Aug. 01, 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 Africa Resources AB (NGM:AFRI) Overvalued in 2026?
Based on GuruFocus' analysis, Africa Resources AB stock appears to be undervalued.
The current stock price of kr0.15 is trading 74.4% below its estimated GF Value™ of kr0.57.
GuruFocus considers Africa Resources AB to be Possible Value Trap.
Key valuation signals for NGM:AFRI:
12-1 Month Momentum %: -63.21%
GF Value™: kr0.57 vs. price of kr0.15 (74.4% below fair value)
No single metric tells the full story. See the NGM:AFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.
28GF Score
Get the complete analysis for NGM:AFRI
12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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