Kore Potash (ASX:KP2) 3-1 Month Momentum %: -8.62% (As of Jul. 29, 2026)

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What is Kore Potash 3-1 Month Momentum %?

Kore Potash ASX:KP2 -1.64% 3-1 Month Momentum % is -8.62% as of Jul. 29, 2026. The stock has 1 warning sign investors should review. Among 2,529 Metals & Mining companies, Kore Potash ranks better than 64.18% 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 (2026-07-29), Kore Potash's 3-1 Month Momentum % is -8.62%.

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

ASX:KP2's 3-1 Month Momentum % is ranked better than
64.18% of 2529 companies
in the Metals & Mining industry
Industry Median: -14.29 vs ASX:KP2: -8.62

Kore Potash  (ASX:KP2) 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.

Kore Potash 3-1 Month Momentum % Related Terms

Kore Potash 3-1 Month Momentum % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Kore Potash'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.

Kore Potash 3-1 Month Momentum % vs Metals & Mining Industry

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

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


Kore Potash  (ASX:KP2) 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 -8.62% mean?
Kore Potash (ASX:KP2) has a 3-1 Month Momentum % of -8.62% as of Jul. 29, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Kore Potash and its competitors. According to the industry distribution chart, Kore Potash ranks #906 out of 2529 companies in the Metals & Mining industry, placing it in the top 35.8%.
Is Kore Potash's 3-1 Month Momentum % too high?
Kore Potash's current 3-1 Month Momentum % is -8.62%. Based on the distribution chart, Kore Potash ranks #906 out of 2529 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Kore Potash's 3-1 Month Momentum % compare to competitors?
According to the Metals & Mining industry distribution chart, Kore Potash ranks #906 out of 2529 companies for 3-1 Month Momentum %. This puts Kore Potash 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 Kore Potash and its competitors. Kore Potash's current 3-1 Month Momentum % is -8.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kore Potash stock overvalued right now?
Kore Potash (ASX:KP2) has a current 3-1 Month Momentum % of -8.62%. The current 3-1 Month Momentum % is -8.62%. 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 Kore Potash (ASX:KP2), the current 3-1 Month Momentum % is -8.62% as of Jul. 29, 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.

Kore Potash Business Description

Address 45 Gresham Street, London, GBR, EC2V 7BG
Kore Potash PLC is an exploration and development company operating in a single segment which is mineral exploration in West Africa. The principal activity of the Company is exploration for potash minerals prospects and project development at the Group's Kola Mining and Dougou Mining Permit in the RoC. The primary asset of the company is the Sintoukola Potash SA (SPSA) project in the Republic of Congo. This project comprises of the Kola sylvinite and carnallite deposits, the Dougou Extension sylvinite deposit, and the Dougou carnallite deposit.