Nexus Minerals (ASX:NXM) 3-1 Month Momentum %: -6.12% (As of Jul. 27, 2026)

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What is Nexus Minerals 3-1 Month Momentum %?

Nexus Minerals ASX:NXM -6.38% 3-1 Month Momentum % is -6.12% as of Jul. 27, 2026. The stock has 1 warning sign investors should review. Among 2,536 Metals & Mining companies, Nexus Minerals ranks better than 80.36% 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 (2026-07-27), Nexus Minerals's 3-1 Month Momentum % is -6.12%.

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

ASX:NXM's 3-1 Month Momentum % is ranked better than
80.36% of 2536 companies
in the Metals & Mining industry
Industry Median: -15.045 vs ASX:NXM: -6.12

Nexus Minerals  (ASX:NXM) 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.

Nexus Minerals 3-1 Month Momentum % Related Terms

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

For the Gold subindustry, Nexus Minerals'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.

Nexus Minerals 3-1 Month Momentum % vs Metals & Mining Industry

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

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


Nexus Minerals  (ASX:NXM) 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 -6.12% mean?
Nexus Minerals (ASX:NXM) has a 3-1 Month Momentum % of -6.12% as of Jul. 27, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Nexus Minerals and its competitors. According to the industry distribution chart, Nexus Minerals ranks #498 out of 2536 companies in the Metals & Mining industry, placing it in the top 19.6%.
Is Nexus Minerals' 3-1 Month Momentum % too high?
Nexus Minerals' current 3-1 Month Momentum % is -6.12%. Based on the distribution chart, Nexus Minerals ranks #498 out of 2536 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Nexus Minerals' 3-1 Month Momentum % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Nexus Minerals ranks #498 out of 2536 companies for 3-1 Month Momentum %. This places Nexus Minerals in the top 20% of its industry — outperforming the majority of peers. 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 Nexus Minerals and its competitors. Nexus Minerals's current 3-1 Month Momentum % is -6.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexus Minerals stock overvalued right now?
Nexus Minerals (ASX:NXM) has a current 3-1 Month Momentum % of -6.12%. The current 3-1 Month Momentum % is -6.12%. 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 Nexus Minerals (ASX:NXM), the current 3-1 Month Momentum % is -6.12% as of Jul. 27, 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.

Nexus Minerals Business Description

Other Exchanges YAK:Germany
Address 41-47 Colin Street, West Perth, Perth, WA, AUS, 6005
Nexus Minerals Ltd is a gold exploration company operating in Australia. The company is engaged in exploring gold deposits in Eastern Goldfields of Western Australia. The projects of the company include Pinnacles joint venture gold, pinnacles regional gold, Wallbrook gold project, Bethanga Porphyry Copper-Gold Project and Mt Celia gold project.