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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 (2026-09-22), Ashoka Metcast's 12-1 Month Momentum % is -29.77%.
The industry rank for Ashoka Metcast's 12-1 Month Momentum % or its related term are showing as below:
NSE:ASHOKAMET's 12-1 Month Momentum % is ranked worse than 81.8% of 632
companies
in the Steel industry
Industry Median: -5
vs NSE:ASHOKAMET: -29.77
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.
Ashoka Metcast 12-1 Month Momentum % Related Terms
NSE:ASHOKAMET vs NUE, STLD, RS: 12-1 Month Momentum % Comparison
For the Steel subindustry, Ashoka Metcast'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.
Ashoka Metcast 12-1 Month Momentum % vs Steel Industry
For the Steel industry and Basic Materials sector, Ashoka Metcast's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Ashoka Metcast's 12-1 Month Momentum % falls into.
* 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 -29.77% mean?
Ashoka Metcast (NSE:ASHOKAMET) has a 12-1 Month Momentum % of -29.77% as of Sep. 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 Ashoka Metcast and its competitors. According to the industry distribution chart, Ashoka Metcast ranks #517 out of 632 companies in the Steel industry, placing it in the top 81.8%.
Is Ashoka Metcast's 12-1 Month Momentum % too high?
Ashoka Metcast's current 12-1 Month Momentum % is -29.77%. Based on the distribution chart, Ashoka Metcast ranks #517 out of 632 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ashoka Metcast has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's 12-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Ashoka Metcast ranks #517 out of 632 companies for 12-1 Month Momentum %. This places Ashoka Metcast 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 Steel company?
A good 12-1 Month Momentum % depends on the Steel 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 Ashoka Metcast and its competitors. Ashoka Metcast's current 12-1 Month Momentum % is -29.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹12.46, compared to a current price of ₹14.73 — trading 18.2% above its estimated fair value. The current 12-1 Month Momentum % is -29.77%. Ashoka Metcast's overall GF Score™ is 68/100 with 6 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 Ashoka Metcast (NSE:ASHOKAMET), the current 12-1 Month Momentum % is -29.77% as of Sep. 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 Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Metcast stock appears to be overvalued.
The current stock price of ₹14.73 is trading 18.2% above its estimated GF Value™ of ₹12.46.
GuruFocus considers Ashoka Metcast to be Modestly Overvalued.
Key valuation signals for NSE:ASHOKAMET:
12-1 Month Momentum %: -29.77%
GF Value™: ₹12.46 vs. price of ₹14.73 (18.2% above fair value)
No single metric tells the full story. See the NSE:ASHOKAMET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
68GF Score
Get the complete analysis for NSE:ASHOKAMET
12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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