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New Wave Group ABCHIX:NEWABS 74 3-1 Month Momentum % is -6.99% as of Sep. 14, 2026. GuruFocus rates CHIX:NEWABS with a GF Score™ of 74/100 and a GF Value™ of kr133.90 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,109 Retail - Cyclical companies, New Wave Group AB ranks worse than 64.47% 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 (2026-09-14), New Wave Group AB's 3-1 Month Momentum % is -6.99%.
The industry rank for New Wave Group AB's 3-1 Month Momentum % or its related term are showing as below:
CHIX:NEWABs's 3-1 Month Momentum % is ranked worse than 64.47% of 1109
companies
in the Retail - Cyclical industry
Industry Median: 1.57
vs CHIX:NEWABs: -6.99
New Wave Group AB (CHIX:NEWABs) 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.
New Wave Group AB 3-1 Month Momentum % Related Terms
CHIX:NEWABS vs CASY, WSM, ULTA: 3-1 Month Momentum % Comparison
For the Specialty Retail subindustry, New Wave Group 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.
New Wave Group AB 3-1 Month Momentum % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, New Wave Group AB's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where New Wave Group AB's 3-1 Month Momentum % falls into.
New Wave Group AB (CHIX:NEWABs) 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.
New Wave Group AB (CHIX:NEWABS) has a 3-1 Month Momentum % of -6.99% as of Sep. 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 New Wave Group AB and its competitors. According to the industry distribution chart, New Wave Group AB ranks #715 out of 1109 companies in the Retail - Cyclical industry, placing it in the top 64.5%.
Is New Wave Group AB's 3-1 Month Momentum % too high?
New Wave Group AB's current 3-1 Month Momentum % is -6.99%. Based on the distribution chart, New Wave Group AB ranks #715 out of 1109 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, New Wave Group AB has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Wave Group AB's 3-1 Month Momentum % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, New Wave Group AB ranks #715 out of 1109 companies for 3-1 Month Momentum %. This places New Wave Group AB in the lower half of its industry. The industry median 3-1 Month Momentum % is 1.57. 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 Retail - Cyclical company?
The median 3-1 Month Momentum % among Retail - Cyclical companies is 1.57, based on 1,109 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 New Wave Group AB and its competitors. For the Retail - Cyclical industry, the median 3-1 Month Momentum % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Wave Group AB's current 3-1 Month Momentum % is -6.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Wave Group AB stock overvalued right now?
Based on GuruFocus' analysis, New Wave Group AB (CHIX:NEWABS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr133.90, compared to a current price of kr89.40 — trading 33.2% below its estimated fair value. The current 3-1 Month Momentum % is -6.99%. New Wave Group AB's overall GF Score™ is 74/100 with 3 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 New Wave Group AB (CHIX:NEWABS), the current 3-1 Month Momentum % is -6.99% as of Sep. 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.
Is New Wave Group AB (CHIX:NEWABS) Overvalued in 2026?
Based on GuruFocus' analysis, New Wave Group AB stock appears to be undervalued.
The current stock price of kr89.40 is trading 33.2% below its estimated GF Value™ of kr133.90.
GuruFocus considers New Wave Group AB to be Significantly Undervalued.
Key valuation signals for CHIX:NEWABS:
3-1 Month Momentum %: -6.99%
GF Value™: kr133.90 vs. price of kr89.40 (33.2% below fair value)
No single metric tells the full story. See the CHIX:NEWABS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Wave Group AB is a Sweden-based company that designs, acquires, and develops brands and products in the corporate promo, gifts, and home furnishings sectors. The group achieves synergies by coordinating the design, purchasing, marketing, warehousing, and distribution of its product range. To ensure good diversification, the Group markets its products in the corporate promo market and the retail market. The group divides its operations into three operating segments: Corporate, Sports and Leisure, and Gifts and Home Furnishings. It derives maximum revenue from the Corporate segment. The firm generates the majority of its revenue from Promo sales channel.
74GF Score
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