Horseshoe Metals (ASX:HOR) 3-1 Month Momentum %: -4.00% (As of Jul. 23, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Horseshoe Metals 3-1 Month Momentum %?

Horseshoe Metals ASX:HOR 3-1 Month Momentum % is -4.00% as of Jul. 23, 2026. The stock has 3 warning signs investors should review. Among 2,527 Metals & Mining companies, Horseshoe Metals ranks worse than 52.87% 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 (2026-07-23), Horseshoe Metals's 3-1 Month Momentum % is -4.00%.

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

ASX:HOR's 3-1 Month Momentum % is ranked worse than
52.87% of 2527 companies
in the Metals & Mining industry
Industry Median: -12.5 vs ASX:HOR: -4.00

Horseshoe Metals  (ASX:HOR) 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.

Horseshoe Metals 3-1 Month Momentum % Related Terms

Horseshoe Metals 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Horseshoe Metals'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.

Horseshoe Metals 3-1 Month Momentum % vs Metals & Mining Industry

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

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


Horseshoe Metals  (ASX:HOR) 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 -4.00% mean?
Horseshoe Metals (ASX:HOR) has a 3-1 Month Momentum % of -4.00% 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 Horseshoe Metals and its competitors. According to the industry distribution chart, Horseshoe Metals ranks #1336 out of 2527 companies in the Metals & Mining industry, placing it in the top 52.9%.
Is Horseshoe Metals' 3-1 Month Momentum % too high?
Horseshoe Metals' current 3-1 Month Momentum % is -4.00%. Based on the distribution chart, Horseshoe Metals ranks #1336 out of 2527 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Horseshoe Metals' 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Horseshoe Metals ranks #1336 out of 2527 companies for 3-1 Month Momentum %. This places Horseshoe Metals 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 Horseshoe Metals and its competitors. Horseshoe Metals's current 3-1 Month Momentum % is -4.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horseshoe Metals stock overvalued right now?
Horseshoe Metals (ASX:HOR) has a current 3-1 Month Momentum % of -4.00%. The current 3-1 Month Momentum % is -4.00%. 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 Horseshoe Metals (ASX:HOR), the current 3-1 Month Momentum % is -4.00% 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.

Horseshoe Metals Business Description

Other Exchanges 6HS:Germany
Address 50 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005
Horseshoe Metals Ltd is a mineral exploration and resource development company. Its current endeavours centre on the Horseshoe Lights Copper-Gold and the Kumarina Copper Project located in Western Australia, as well as the Glenloth Gold project in South Australia. The company is organised into one main operating segment, which involves the exploration of minerals and evaluation of investment opportunities for its investors, presently solely in Australia.