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3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-07-23), Algoma Steel Group's 3-1 Month Momentum % is -9.30%.
The industry rank for Algoma Steel Group's 3-1 Month Momentum % or its related term are showing as below:
ASTL's 3-1 Month Momentum % is ranked worse than 54.83% of 642
companies
in the Steel industry
Industry Median: -4.225
vs ASTL: -9.30
Algoma Steel Group (NAS:ASTL) 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.
Algoma Steel Group 3-1 Month Momentum % Related Terms
ASTL vs NUE, STLD, RS: 3-1 Month Momentum % Comparison
For the Steel subindustry, Algoma Steel Group'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.
Algoma Steel Group 3-1 Month Momentum % vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's 3-1 Month Momentum % falls into.
Algoma Steel Group (NAS:ASTL) 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.
Algoma Steel Group (ASTL) has a 3-1 Month Momentum % of -9.30% as of Jul. 23, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Algoma Steel Group and its competitors. According to the industry distribution chart, Algoma Steel Group ranks #352 out of 642 companies in the Steel industry, placing it in the top 54.8%.
Is Algoma Steel Group's 3-1 Month Momentum % too high?
Algoma Steel Group's current 3-1 Month Momentum % is -9.30%. Based on the distribution chart, Algoma Steel Group ranks #352 out of 642 companies in the Steel industry, which is below the industry midpoint. Overall, Algoma Steel Group has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's 3-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #352 out of 642 companies for 3-1 Month Momentum %. This places Algoma Steel Group 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 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 Algoma Steel Group and its competitors. Algoma Steel Group's current 3-1 Month Momentum % is -9.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.50, compared to a current price of $4.27 — trading 22.5% below its estimated fair value. The current 3-1 Month Momentum % is -9.30%. Algoma Steel Group's overall GF Score™ is 59/100 with 7 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 Algoma Steel Group (ASTL), the current 3-1 Month Momentum % is -9.30% as of Jul. 23, 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 Algoma Steel Group (ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of $4.27 is trading 22.5% below its estimated GF Value™ of $5.50.
GuruFocus considers Algoma Steel Group to be Modestly Undervalued.
Key valuation signals for ASTL:
3-1 Month Momentum %: -9.30%
GF Value™: $5.50 vs. price of $4.27 (22.5% below fair value)
No single metric tells the full story. See the ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
59GF Score
Get the complete analysis for ASTL
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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