ABIT (Athena Bitcoin Global) 3-1 Month Momentum %: -31.58% (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Athena Bitcoin Global 3-1 Month Momentum %?

Athena Bitcoin Global ABIT +20.00% 3-1 Month Momentum % is -31.58% as of Jul. 29, 2026. The stock has 2 warning signs investors should review. Among 826 Capital Markets companies, Athena Bitcoin Global ranks worse than 92.13% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-29), Athena Bitcoin Global's 3-1 Month Momentum % is -31.58%.

The industry rank for Athena Bitcoin Global's 3-1 Month Momentum % or its related term are showing as below:

ABIT's 3-1 Month Momentum % is ranked worse than
92.13% of 826 companies
in the Capital Markets industry
Industry Median: -4.01 vs ABIT: -31.58

Athena Bitcoin Global  (OTCPK:ABIT) 3-1 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 3-1 Month Momentum % measures the total return to a stock over the past three 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.


Athena Bitcoin Global 3-1 Month Momentum % Related Terms


ABIT vs MGTI, ANY, CBLO: 3-1 Month Momentum % Comparison

For the Capital Markets subindustry, Athena Bitcoin Global's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 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.


Athena Bitcoin Global 3-1 Month Momentum % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Athena Bitcoin Global's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Athena Bitcoin Global's 3-1 Month Momentum % falls into.



Athena Bitcoin Global  (OTCPK:ABIT) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-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 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -31.58% mean?
Athena Bitcoin Global (ABIT) has a 3-1 Month Momentum % of -31.58% as of Jul. 29, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Athena Bitcoin Global and its competitors. According to the industry distribution chart, Athena Bitcoin Global ranks #761 out of 826 companies in the Capital Markets industry, placing it in the top 92.1%.
Is Athena Bitcoin Global's 3-1 Month Momentum % too high?
Athena Bitcoin Global's current 3-1 Month Momentum % is -31.58%. Based on the distribution chart, Athena Bitcoin Global ranks #761 out of 826 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does Athena Bitcoin Global's 3-1 Month Momentum % compare to MGTI and ANY?
According to the Capital Markets industry distribution chart, Athena Bitcoin Global ranks #761 out of 826 companies for 3-1 Month Momentum %. This places Athena Bitcoin Global 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 3-1 Month Momentum % for a Capital Markets company?
A good 3-1 Month Momentum % depends on the Capital Markets industry context. However, 3-1 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 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Athena Bitcoin Global and its competitors. Athena Bitcoin Global's current 3-1 Month Momentum % is -31.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athena Bitcoin Global stock overvalued right now?
Athena Bitcoin Global (ABIT) has a current 3-1 Month Momentum % of -31.58%. The current 3-1 Month Momentum % is -31.58%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Athena Bitcoin Global (ABIT), the current 3-1 Month Momentum % is -31.58% as of Jul. 29, 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.

Athena Bitcoin Global Business Description

Address 1 South East 3rd Avenue, Suite 2740, Miami, FL, USA, 33131
Athena Bitcoin Global is a provider of various crypto asset transaction platforms, including the operation of kiosks and personalized services (Athena Plus) for the purpose of selling and buying crypto assets, white-label operations, and payment services. The company's network of Athena Bitcoin ATMs operates in thirty-three states and the territory of Puerto Rico in the United States, and four countries in Central and South America. The company places its machines in convenience stores, shopping centers, and other easily accessible locations. The company deals exclusively in Bitcoin in its ATMs.