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Elkem ASAFRA:1DP -1.41%73 3-1 Month Momentum % is 1.46% as of Aug. 09, 2026. GuruFocus rates FRA:1DP with a GF Score™ of 73/100 and a GF Value™ of €1.68 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,621 Chemicals companies, Elkem ASA ranks better than 74.58% 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 (2026-08-09), Elkem ASA's 3-1 Month Momentum % is 1.46%.
The industry rank for Elkem ASA's 3-1 Month Momentum % or its related term are showing as below:
FRA:1DP's 3-1 Month Momentum % is ranked better than 74.58% of 1621
companies
in the Chemicals industry
Industry Median: -5.52
vs FRA:1DP: 1.46
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.
Elkem ASA 3-1 Month Momentum % Related Terms
FRA:1DP vs LIN, SHW, ECL: 3-1 Month Momentum % Comparison
For the Specialty Chemicals subindustry, Elkem ASA'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.
Elkem ASA 3-1 Month Momentum % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Elkem ASA's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Elkem ASA's 3-1 Month Momentum % falls into.
* 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.
Elkem ASA (FRA:1DP) has a 3-1 Month Momentum % of 1.46% as of Aug. 09, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Elkem ASA and its competitors. According to the industry distribution chart, Elkem ASA ranks #412 out of 1621 companies in the Chemicals industry, placing it in the top 25.4%.
Is Elkem ASA's 3-1 Month Momentum % too high?
Elkem ASA's current 3-1 Month Momentum % is 1.46%. Based on the distribution chart, Elkem ASA ranks #412 out of 1621 companies in the Chemicals industry, which is above the industry midpoint. Overall, Elkem ASA has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's 3-1 Month Momentum % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Elkem ASA ranks #412 out of 1621 companies for 3-1 Month Momentum %. This puts Elkem ASA 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 Chemicals company?
A good 3-1 Month Momentum % depends on the Chemicals 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 Elkem ASA and its competitors. Elkem ASA's current 3-1 Month Momentum % is 1.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (FRA:1DP) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.68, compared to a current price of €2.94 — trading 75.2% above its estimated fair value. The current 3-1 Month Momentum % is 1.46%. Elkem ASA's overall GF Score™ is 73/100 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 Elkem ASA (FRA:1DP), the current 3-1 Month Momentum % is 1.46% as of Aug. 09, 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 Elkem ASA (FRA:1DP) Overvalued in 2026?
Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued.
The current stock price of €2.94 is trading 75.2% above its estimated GF Value™ of €1.68.
GuruFocus considers Elkem ASA to be Significantly Overvalued.
Key valuation signals for FRA:1DP:
3-1 Month Momentum %: 1.46%
GF Value™: €1.68 vs. price of €2.94 (75.2% above fair value)
No single metric tells the full story. See the FRA:1DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
73GF Score
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