3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-06-28), Ferronordic AB's 3-1 Month Momentum % is N/A%.
The industry rank for Ferronordic AB's 3-1 Month Momentum % or its related term are showing as below:
CHIX:FNMs's 3-1 Month Momentum % is not ranked *
in the Industrial Distribution industry.
Industry Median: 1.34 * Ranked among companies with meaningful 3-1 Month Momentum % only.
Ferronordic AB (CHIX:FNMs) 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.
Ferronordic AB 3-1 Month Momentum % Related Terms
CHIX:FNMS vs GWW, FAST, FERG: 3-1 Month Momentum % Comparison
For the Industrial Distribution subindustry, Ferronordic AB'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.
Ferronordic AB 3-1 Month Momentum % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ferronordic AB's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Ferronordic AB's 3-1 Month Momentum % falls into.
Ferronordic AB (CHIX:FNMs) 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.
Ferronordic AB (CHIX:FNMS) has a 3-1 Month Momentum % of N/A% as of Jun. 28, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Ferronordic AB and its competitors. According to the industry distribution chart, Ferronordic AB ranks #30 out of 155 companies in the Industrial Distribution industry, placing it in the top 19.4%.
Is Ferronordic AB's 3-1 Month Momentum % too high?
Ferronordic AB's current 3-1 Month Momentum % is N/A%. Based on the distribution chart, Ferronordic AB ranks #30 out of 155 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's 3-1 Month Momentum % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #30 out of 155 companies for 3-1 Month Momentum %. This places Ferronordic AB in the top 19% of its industry — outperforming the majority of peers. The industry median 3-1 Month Momentum % is 1.34. 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 an Industrial Distribution company?
The median 3-1 Month Momentum % among Industrial Distribution companies is 1.34, based on 155 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median 3-1 Month Momentum % is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current 3-1 Month Momentum % is N/A%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current 3-1 Month Momentum % of N/A%. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current 3-1 Month Momentum % is N/A%. Ferronordic AB's overall GF Score™ is 83/100 with 7 warning signs to review. 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 Ferronordic AB (CHIX:FNMS), the current 3-1 Month Momentum % is N/A% as of Jun. 28, 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.
Is Ferronordic AB (CHIX:FNMS) Overvalued in 2026?
Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued.
The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.
Key valuation signals for CHIX:FNMS:
3-1 Month Momentum %: N/A%
GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
No single metric tells the full story. See the CHIX:FNMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score
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3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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