Arabian Steel Pipes Manufacturing (AMM:ASPMM) 3-1 Month Momentum %: 8.25% (As of Jul. 20, 2026)

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What is Arabian Steel Pipes Manufacturing 3-1 Month Momentum %?

Arabian Steel Pipes Manufacturing AMM:ASPMM 3-1 Month Momentum % is 8.25% as of Jul. 20, 2026.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-20), Arabian Steel Pipes Manufacturing's 3-1 Month Momentum % is 8.25%.

The industry rank for Arabian Steel Pipes Manufacturing's 3-1 Month Momentum % or its related term are showing as below:

AMM:ASPMM's 3-1 Month Momentum % is not ranked
in the Steel industry.
Industry Median: -4.58 vs AMM:ASPMM: 8.25

Arabian Steel Pipes Manufacturing  (AMM:ASPMM) 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.

Arabian Steel Pipes Manufacturing 3-1 Month Momentum % Related Terms

Arabian Steel Pipes Manufacturing 3-1 Month Momentum % Competitor Comparison

For the Steel subindustry, Arabian Steel Pipes Manufacturing'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.

Arabian Steel Pipes Manufacturing 3-1 Month Momentum % vs Steel Industry

For the Steel industry and Basic Materials sector, Arabian Steel Pipes Manufacturing's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Arabian Steel Pipes Manufacturing's 3-1 Month Momentum % falls into.


Arabian Steel Pipes Manufacturing  (AMM:ASPMM) 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 8.25% mean?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a 3-1 Month Momentum % of 8.25% as of Jul. 20, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Arabian Steel Pipes Manufacturing and its competitors.
Is Arabian Steel Pipes Manufacturing's 3-1 Month Momentum % too high?
Arabian Steel Pipes Manufacturing's current 3-1 Month Momentum % is 8.25%.
How does Arabian Steel Pipes Manufacturing's 3-1 Month Momentum % compare to competitors?
Arabian Steel Pipes Manufacturing's 3-1 Month Momentum % of 8.25% can be compared against companies in the Steel 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 Steel company?
A good 3-1 Month Momentum % depends on the Steel 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 Arabian Steel Pipes Manufacturing and its competitors. Arabian Steel Pipes Manufacturing's current 3-1 Month Momentum % is 8.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Steel Pipes Manufacturing stock overvalued right now?
Arabian Steel Pipes Manufacturing (AMM:ASPMM) has a current 3-1 Month Momentum % of 8.25%. The current 3-1 Month Momentum % is 8.25%. 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 Arabian Steel Pipes Manufacturing (AMM:ASPMM), the current 3-1 Month Momentum % is 8.25% 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.

Arabian Steel Pipes Manufacturing Business Description

Address 13 Amman Industrial Estate, Sahab, Amman, JOR, 11512
Arabian Steel Pipes Manufacturing is engaged in manufacturing steel pipes and tubes. Its products include circular, square, and rectangular steel tubes, electrical power transmission poles, 3LPE Coated Pipes, telecom towers, riser pipes, and much more. The company is also engaged in import and export, general trade, and production of electrical poles of all kinds, tubular, polygon, communication poles, forming sheet metal, manufacturing components of metal structures for special use, and general galvanizing. It includes the production of iron towers and their parts for high and medium-pressure electricity extension networks, communication towers, lighting towers, and insulation of pipes by all methods of insulation.