Discovery Alaska (ASX:DAF) 3-1 Month Momentum %: -27.78% (As of Jul. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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 Discovery Alaska 3-1 Month Momentum %?

Discovery Alaska ASX:DAF 3-1 Month Momentum % is -27.78% as of Jul. 19, 2026. The stock has 1 warning sign investors should review. Among 2,530 Metals & Mining companies, Discovery Alaska ranks worse than 82.61% 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 (2026-07-19), Discovery Alaska's 3-1 Month Momentum % is -27.78%.

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

ASX:DAF's 3-1 Month Momentum % is ranked worse than
82.61% of 2530 companies
in the Metals & Mining industry
Industry Median: -11.73 vs ASX:DAF: -27.78

Discovery Alaska  (ASX:DAF) 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.

Discovery Alaska 3-1 Month Momentum % Related Terms

ASX:DAF vs NEM, AU: 3-1 Month Momentum % Comparison

For the Gold subindustry, Discovery Alaska'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.

Discovery Alaska 3-1 Month Momentum % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Discovery Alaska's 3-1 Month Momentum % distribution charts can be found below:

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


Discovery Alaska  (ASX:DAF) 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 -27.78% mean?
Discovery Alaska (ASX:DAF) has a 3-1 Month Momentum % of -27.78% as of Jul. 19, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Discovery Alaska and its competitors. According to the industry distribution chart, Discovery Alaska ranks #2090 out of 2530 companies in the Metals & Mining industry, placing it in the top 82.6%.
Is Discovery Alaska's 3-1 Month Momentum % too high?
Discovery Alaska's current 3-1 Month Momentum % is -27.78%. Based on the distribution chart, Discovery Alaska ranks #2090 out of 2530 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Discovery Alaska's 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Discovery Alaska ranks #2090 out of 2530 companies for 3-1 Month Momentum %. This places Discovery Alaska 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 Metals & Mining company?
A good 3-1 Month Momentum % depends on the Metals & Mining 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 Discovery Alaska and its competitors. Discovery Alaska's current 3-1 Month Momentum % is -27.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery Alaska stock overvalued right now?
Discovery Alaska (ASX:DAF) has a current 3-1 Month Momentum % of -27.78%. The current 3-1 Month Momentum % is -27.78%. 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 Discovery Alaska (ASX:DAF), the current 3-1 Month Momentum % is -27.78% as of Jul. 19, 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.

Discovery Alaska Business Description

Address 18 Sangiorgio Court, Osborne Park, Perth, WA, AUS, 6017
Discovery Alaska Ltd is an Australian-based company engaged in the development of exploration projects for Gold in Western Australia. Its projects include the WA Gold Projects. The firm has two reporting segments: exploration for mineral commodities and gold interests in Alaska, USA. The mineral commodity segment of the firm includes an interest in the Chulitna Project and Vinasale Gold Project.