3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-06), Alassas Co for Concrete Industries's 3-1 Month Momentum % is 1.43%.
AMM:ASAS's 3-1 Month Momentum % is ranked better than 52.19% of 433
companies
in the Building Materials industry
Industry Median: 0.7
vs AMM:ASAS: 1.43
Alassas Co for Concrete Industries (AMM:ASAS) 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.
Alassas Co for Concrete Industries 3-1 Month Momentum % Related Terms
Alassas Co for Concrete Industries 3-1 Month Momentum % Competitor Comparison
For the Building Materials subindustry, Alassas Co for Concrete Industries'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.
Alassas Co for Concrete Industries 3-1 Month Momentum % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Alassas Co for Concrete Industries's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Alassas Co for Concrete Industries's 3-1 Month Momentum % falls into.
Alassas Co for Concrete Industries (AMM:ASAS) 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.
Alassas Co for Concrete Industries (AMM:ASAS) has a 3-1 Month Momentum % of 1.43% as of Jul. 06, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Alassas Co for Concrete Industries and its competitors. According to the industry distribution chart, Alassas Co for Concrete Industries ranks #207 out of 433 companies in the Building Materials industry, placing it in the top 47.8%.
Is Alassas Co for Concrete Industries' 3-1 Month Momentum % too high?
Alassas Co for Concrete Industries' current 3-1 Month Momentum % is 1.43%. The Building Materials industry median 3-1 Month Momentum % is 0.70. Alassas Co for Concrete Industries' value of 1.43% is 104.3% above this industry median. Based on the distribution chart, Alassas Co for Concrete Industries ranks #207 out of 433 companies in the Building Materials industry, which is above the industry midpoint. Overall, Alassas Co for Concrete Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Alassas Co for Concrete Industries' 3-1 Month Momentum % compare to competitors?
According to the Building Materials industry distribution chart, Alassas Co for Concrete Industries ranks #207 out of 433 companies for 3-1 Month Momentum %. This puts Alassas Co for Concrete Industries in the upper half of its industry. The industry median 3-1 Month Momentum % is 0.70. Alassas Co for Concrete Industries' value of 1.43% is 104.3% above this benchmark. 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 Building Materials company?
The median 3-1 Month Momentum % among Building Materials companies is 0.70, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alassas Co for Concrete Industries's current 3-1 Month Momentum % of 1.43% is 104.3% above the industry median. 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 Alassas Co for Concrete Industries and its competitors. For the Building Materials industry, the median 3-1 Month Momentum % is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alassas Co for Concrete Industries's current 3-1 Month Momentum % is 1.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alassas Co for Concrete Industries stock overvalued right now?
Alassas Co for Concrete Industries (AMM:ASAS) has a current 3-1 Month Momentum % of 1.43%. The current 3-1 Month Momentum % is 1.43% and 104.3% above the Building Materials industry median of 0.70. Alassas Co for Concrete Industries' overall GF Score™ is 12/100 with 2 warning signs to review. 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 Alassas Co for Concrete Industries (AMM:ASAS), the current 3-1 Month Momentum % is 1.43% as of Jul. 06, 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.
Alassas Co for Concrete Industries Business Description
Alassas Co for Concrete Industries is engaged in the business of manufacturing bricks of various types and sizes, as well as kerbstones and interlocking tiles in different shapes and sizes. The company uses various materials in its activities, including concrete blocks, seedling trays, prefabricated roofing materials (core hollow slabs), and other materials.
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