Iondrive (ASX:ION) 3-1 Month Momentum %: -26.92% (As of Jul. 14, 2026)

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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
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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 Iondrive 3-1 Month Momentum %?

Iondrive ASX:ION -9.38% 3-1 Month Momentum % is -26.92% as of Jul. 14, 2026. The stock has 2 warning signs investors should review. Among 2,544 Metals & Mining companies, Iondrive ranks better than 62.3% 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 (2026-07-14), Iondrive's 3-1 Month Momentum % is -26.92%.

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

ASX:ION's 3-1 Month Momentum % is ranked better than
62.3% of 2544 companies
in the Metals & Mining industry
Industry Median: -11.445 vs ASX:ION: -26.92

Iondrive  (ASX:ION) 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.

Iondrive 3-1 Month Momentum % Related Terms

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

For the Gold subindustry, Iondrive'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.

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

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

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


Iondrive  (ASX:ION) 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 -26.92% mean?
Iondrive (ASX:ION) has a 3-1 Month Momentum % of -26.92% as of Jul. 14, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Iondrive and its competitors. According to the industry distribution chart, Iondrive ranks #959 out of 2544 companies in the Metals & Mining industry, placing it in the top 37.7%.
Is Iondrive's 3-1 Month Momentum % too high?
Iondrive's current 3-1 Month Momentum % is -26.92%. Based on the distribution chart, Iondrive ranks #959 out of 2544 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Iondrive's 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Iondrive ranks #959 out of 2544 companies for 3-1 Month Momentum %. This puts Iondrive 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 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 Iondrive and its competitors. Iondrive's current 3-1 Month Momentum % is -26.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iondrive stock overvalued right now?
Iondrive (ASX:ION) has a current 3-1 Month Momentum % of -26.92%. The current 3-1 Month Momentum % is -26.92%. 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 Iondrive (ASX:ION), the current 3-1 Month Momentum % is -26.92% as of Jul. 14, 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.

Iondrive Business Description

Other Exchanges UH40:Germany
Address 16 Anster Street, Adelaide, SA, AUS, 5000
Iondrive Ltd is a strategically well positioned mineral exploration and battery technology commercialization company. The mineral exploration business includes one hundred percent interest in a substantial portfolio of REE, Li and precious metals exploration projects in South Korea.