Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-03), HiTech Group Australia's 3-1 Month Momentum % is 1.10%.
The industry rank for HiTech Group Australia's 3-1 Month Momentum % or its related term are showing as below:
ASX:HIT's 3-1 Month Momentum % is ranked better than 50.23% of 1103
companies
in the Business Services industry
Industry Median: -3.75
vs ASX:HIT: 1.10
HiTech Group Australia (ASX:HIT) 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.
HiTech Group Australia 3-1 Month Momentum % Related Terms
ASX:HIT vs KFY, RHI, TNET: 3-1 Month Momentum % Comparison
For the Staffing & Employment Services subindustry, HiTech Group Australia'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.
HiTech Group Australia 3-1 Month Momentum % vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia's 3-1 Month Momentum % falls into.
HiTech Group Australia (ASX:HIT) 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.
HiTech Group Australia (ASX:HIT) has a 3-1 Month Momentum % of 1.10% as of Aug. 03, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on HiTech Group Australia and its competitors. According to the industry distribution chart, HiTech Group Australia ranks #549 out of 1103 companies in the Business Services industry, placing it in the top 49.8%.
Is HiTech Group Australia's 3-1 Month Momentum % too high?
HiTech Group Australia's current 3-1 Month Momentum % is 1.10%. Based on the distribution chart, HiTech Group Australia ranks #549 out of 1103 companies in the Business Services industry, which is above the industry midpoint. Overall, HiTech Group Australia has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's 3-1 Month Momentum % compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #549 out of 1103 companies for 3-1 Month Momentum %. This puts HiTech Group Australia in the upper 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 Business Services company?
A good 3-1 Month Momentum % depends on the Business Services 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 HiTech Group Australia and its competitors. HiTech Group Australia's current 3-1 Month Momentum % is 1.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$1.25 — trading 33.9% below its estimated fair value. The current 3-1 Month Momentum % is 1.10%. HiTech Group Australia's overall GF Score™ is 83/100 with 5 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 HiTech Group Australia (ASX:HIT), the current 3-1 Month Momentum % is 1.10% as of Aug. 03, 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 HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$1.25 is trading 33.9% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
3-1 Month Momentum %: 1.10%
GF Value™: A$1.89 vs. price of A$1.25 (33.9% below fair value)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
83GF Score
Get the complete analysis for ASX:HIT
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HIT has been successfully added to your 
