Atomo Diagnostics (ASX:AT1) 3-1 Month Momentum %: -29.17% (As of Aug. 02, 2026)

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Founder & CEO of GuruFocus
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What is Atomo Diagnostics 3-1 Month Momentum %?

Atomo Diagnostics ASX:AT1 3-1 Month Momentum % is -29.17% as of Aug. 02, 2026. The stock has 4 warning signs investors should review. Among 850 Medical Devices & Instruments companies, Atomo Diagnostics ranks worse than 85.41% 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 (2026-08-02), Atomo Diagnostics's 3-1 Month Momentum % is -29.17%.

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

ASX:AT1's 3-1 Month Momentum % is ranked worse than
85.41% of 850 companies
in the Medical Devices & Instruments industry
Industry Median: -8.05 vs ASX:AT1: -29.17

Atomo Diagnostics  (ASX:AT1) 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.


Atomo Diagnostics 3-1 Month Momentum % Related Terms


ASX:AT1 vs ABT, SYK, MDT: 3-1 Month Momentum % Comparison

For the Medical Devices subindustry, Atomo Diagnostics'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.


Atomo Diagnostics 3-1 Month Momentum % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Atomo Diagnostics's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Atomo Diagnostics's 3-1 Month Momentum % falls into.



Atomo Diagnostics  (ASX:AT1) 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 -29.17% mean?
Atomo Diagnostics (ASX:AT1) has a 3-1 Month Momentum % of -29.17% as of Aug. 02, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Atomo Diagnostics and its competitors. According to the industry distribution chart, Atomo Diagnostics ranks #726 out of 850 companies in the Medical Devices & Instruments industry, placing it in the top 85.4%.
Is Atomo Diagnostics' 3-1 Month Momentum % too high?
Atomo Diagnostics' current 3-1 Month Momentum % is -29.17%. Based on the distribution chart, Atomo Diagnostics ranks #726 out of 850 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Atomo Diagnostics' 3-1 Month Momentum % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Atomo Diagnostics ranks #726 out of 850 companies for 3-1 Month Momentum %. This places Atomo Diagnostics 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 Medical Devices & Instruments company?
A good 3-1 Month Momentum % depends on the Medical Devices & Instruments 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 Atomo Diagnostics and its competitors. Atomo Diagnostics's current 3-1 Month Momentum % is -29.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atomo Diagnostics stock overvalued right now?
Based on GuruFocus' analysis, Atomo Diagnostics (ASX:AT1) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.02, compared to a current price of A$0.02 — trading 12.5% below its estimated fair value. The current 3-1 Month Momentum % is -29.17%. 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 Atomo Diagnostics (ASX:AT1), the current 3-1 Month Momentum % is -29.17% as of Aug. 02, 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.

Atomo Diagnostics Business Description

Address 3 - 5 George Street, Level 1, Leichhardt, Syndey, NSW, AUS, 2040
Atomo Diagnostics Ltd is an Australian medical device design innovator and original equipment manufacturing company. The company is engaged in the development and sale of medical devices. The company develops point-of-care devices for rapid diagnostic testing. The company offers AtomoRapid RDT Platform with devices including Galileo, Pascal, Curie, and Elion. The firm operates in a single segment, medical device research and development.