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Nowonomics ABNGM:NOWO 56 12-1 Month Momentum % is -32.95% as of Aug. 31, 2026. GuruFocus rates NGM:NOWO with a GF Score™ of 56/100 and a GF Value™ of kr8.07 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,768 Software companies, Nowonomics AB ranks worse than 62.61% 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 (2026-08-31), Nowonomics AB's 12-1 Month Momentum % is -32.95%.
The industry rank for Nowonomics AB's 12-1 Month Momentum % or its related term are showing as below:
NGM:NOWO's 12-1 Month Momentum % is ranked worse than 62.61% of 2768
companies
in the Software industry
Industry Median: -22.35
vs NGM:NOWO: -32.95
Nowonomics AB (NGM:NOWO) 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.
Nowonomics AB 12-1 Month Momentum % Related Terms
NGM:NOWO vs CRM, SHOP, UBER: 12-1 Month Momentum % Comparison
For the Software - Application subindustry, Nowonomics 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.
Nowonomics AB 12-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, Nowonomics AB's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Nowonomics AB's 12-1 Month Momentum % falls into.
Nowonomics AB (NGM:NOWO) 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 -32.95% mean?
Nowonomics AB (NGM:NOWO) has a 12-1 Month Momentum % of -32.95% as of Aug. 31, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Nowonomics AB and its competitors. According to the industry distribution chart, Nowonomics AB ranks #1733 out of 2768 companies in the Software industry, placing it in the top 62.6%.
Is Nowonomics AB's 12-1 Month Momentum % too high?
Nowonomics AB's current 12-1 Month Momentum % is -32.95%. Based on the distribution chart, Nowonomics AB ranks #1733 out of 2768 companies in the Software industry, which is below the industry midpoint. Overall, Nowonomics AB has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nowonomics AB's 12-1 Month Momentum % compare to CRM and SHOP?
According to the Software industry distribution chart, Nowonomics AB ranks #1733 out of 2768 companies for 12-1 Month Momentum %. This places Nowonomics AB in the lower half of its industry. 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 Software company?
A good 12-1 Month Momentum % depends on the Software industry context. 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 Nowonomics AB and its competitors. Nowonomics AB's current 12-1 Month Momentum % is -32.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nowonomics AB stock overvalued right now?
Based on GuruFocus' analysis, Nowonomics AB (NGM:NOWO) is currently considered Possible Value Trap. The stock's GF Value™ is kr8.07, compared to a current price of kr5.25 — trading 34.9% below its estimated fair value. The current 12-1 Month Momentum % is -32.95%. Nowonomics AB's overall GF Score™ is 56/100 with 4 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 Nowonomics AB (NGM:NOWO), the current 12-1 Month Momentum % is -32.95% as of Aug. 31, 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 Nowonomics AB (NGM:NOWO) Overvalued in 2026?
Based on GuruFocus' analysis, Nowonomics AB stock appears to be undervalued.
The current stock price of kr5.25 is trading 34.9% below its estimated GF Value™ of kr8.07.
GuruFocus considers Nowonomics AB to be Possible Value Trap.
Key valuation signals for NGM:NOWO:
12-1 Month Momentum %: -32.95%
GF Value™: kr8.07 vs. price of kr5.25 (34.9% below fair value)
No single metric tells the full story. See the NGM:NOWO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nowonomics AB is a savings platform whose purpose is to help the user to manage the personal finances. It aims to promote savings before retirement and therefore develops its own tools and solutions together with partners to simplify, educate and help members to have a accessible financial solutions.
56GF Score
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