Macro Metals (ASX:M4M) 3-1 Month Momentum %: -14.29% (As of Aug. 02, 2026)

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What is Macro Metals 3-1 Month Momentum %?

Macro Metals ASX:M4M 3-1 Month Momentum % is -14.29% as of Aug. 02, 2026. The stock has 2 warning signs investors should review. Among 642 Steel companies, Macro Metals ranks worse than 70.56% 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 (2026-08-02), Macro Metals's 3-1 Month Momentum % is -14.29%.

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

ASX:M4M's 3-1 Month Momentum % is ranked worse than
70.56% of 642 companies
in the Steel industry
Industry Median: -6.39 vs ASX:M4M: -14.29

Macro Metals  (ASX:M4M) 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.

Macro Metals 3-1 Month Momentum % Related Terms

ASX:M4M vs NUE, STLD, RS: 3-1 Month Momentum % Comparison

For the Steel subindustry, Macro 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.

Macro Metals 3-1 Month Momentum % vs Steel Industry

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

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


Macro Metals  (ASX:M4M) 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 -14.29% mean?
Macro Metals (ASX:M4M) has a 3-1 Month Momentum % of -14.29% as of Aug. 02, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Macro Metals and its competitors. According to the industry distribution chart, Macro Metals ranks #453 out of 642 companies in the Steel industry, placing it in the top 70.6%.
Is Macro Metals' 3-1 Month Momentum % too high?
Macro Metals' current 3-1 Month Momentum % is -14.29%. Based on the distribution chart, Macro Metals ranks #453 out of 642 companies in the Steel industry, which is below the industry midpoint.
How does Macro Metals' 3-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Macro Metals ranks #453 out of 642 companies for 3-1 Month Momentum %. This places Macro 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 Steel company?
A good 3-1 Month Momentum % depends on the Steel 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 Macro Metals and its competitors. Macro Metals's current 3-1 Month Momentum % is -14.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macro Metals stock overvalued right now?
Macro Metals (ASX:M4M) has a current 3-1 Month Momentum % of -14.29%. The current 3-1 Month Momentum % is -14.29%. 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 Macro Metals (ASX:M4M), the current 3-1 Month Momentum % is -14.29% as of Aug. 02, 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.

Macro Metals Business Description

Address 25 Prowse Street, Level 3, Perth, WA, AUS, 6005
Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.