NGMDF (NuGen Medical Devices) 12-1 Month Momentum %: -60.58% (As of Jul. 20, 2026)

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What is NuGen Medical Devices 12-1 Month Momentum %?

NuGen Medical Devices NGMDF 12-1 Month Momentum % is -60.58% as of Jul. 20, 2026. The stock has 7 warning signs investors should review. Among 827 Medical Devices & Instruments companies, NuGen Medical Devices ranks worse than 91.29% 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 (2026-07-20), NuGen Medical Devices's 12-1 Month Momentum % is -60.58%.

The industry rank for NuGen Medical Devices's 12-1 Month Momentum % or its related term are showing as below:

NGMDF's 12-1 Month Momentum % is ranked worse than
91.29% of 827 companies
in the Medical Devices & Instruments industry
Industry Median: -16.67 vs NGMDF: -60.58

NuGen Medical Devices  (OTCPK:NGMDF) 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.

NuGen Medical Devices 12-1 Month Momentum % Related Terms

NGMDF vs ABT, SYK, MDT: 12-1 Month Momentum % Comparison

For the Medical Devices subindustry, NuGen Medical Devices'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.

NuGen Medical Devices 12-1 Month Momentum % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, NuGen Medical Devices's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where NuGen Medical Devices's 12-1 Month Momentum % falls into.


NuGen Medical Devices  (OTCPK:NGMDF) 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.

Frequently Asked Questions Learn more about 12-1 Month Momentum % →
What does a 12-1 Month Momentum % of -60.58% mean?
NuGen Medical Devices (NGMDF) has a 12-1 Month Momentum % of -60.58% as of Jul. 20, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on NuGen Medical Devices and its competitors. According to the industry distribution chart, NuGen Medical Devices ranks #755 out of 827 companies in the Medical Devices & Instruments industry, placing it in the top 91.3%.
Is NuGen Medical Devices' 12-1 Month Momentum % too high?
NuGen Medical Devices' current 12-1 Month Momentum % is -60.58%. Based on the distribution chart, NuGen Medical Devices ranks #755 out of 827 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does NuGen Medical Devices' 12-1 Month Momentum % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, NuGen Medical Devices ranks #755 out of 827 companies for 12-1 Month Momentum %. This places NuGen Medical Devices 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 Medical Devices & Instruments company?
A good 12-1 Month Momentum % depends on the Medical Devices & Instruments 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 NuGen Medical Devices and its competitors. NuGen Medical Devices's current 12-1 Month Momentum % is -60.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuGen Medical Devices stock overvalued right now?
Based on GuruFocus' analysis, NuGen Medical Devices (NGMDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading 21.8% below its estimated fair value. The current 12-1 Month Momentum % is -60.58%. 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 NuGen Medical Devices (NGMDF), the current 12-1 Month Momentum % is -60.58% as of Jul. 20, 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.

NuGen Medical Devices Business Description

Other Exchanges 79O:GermanyNGMD:Canada
Address 18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, and other.