Thor Medical ASA (FRA:8NN) 3-1 Month Momentum %: 46.31% (As of Sep. 12, 2026)

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FRA:8NN Thor Medical ASA FRA:8NN
27 GF Score
Price €0.45
! 2 Warning Signs
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What is Thor Medical ASA 3-1 Month Momentum %?

Thor Medical ASA FRA:8NN +1.93% 27 3-1 Month Momentum % is 46.31% as of Sep. 12, 2026. GuruFocus rates FRA:8NN with a GF Score™ of 27/100. The stock has 2 warning signs investors should review. Among 1,384 Biotechnology companies, Thor Medical ASA ranks better than 91.4% 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 (2026-09-12), Thor Medical ASA's 3-1 Month Momentum % is 46.31%.

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

FRA:8NN's 3-1 Month Momentum % is ranked better than
91.4% of 1384 companies
in the Biotechnology industry
Industry Median: 2.12 vs FRA:8NN: 46.31

Thor Medical ASA  (FRA:8NN) 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.


Thor Medical ASA 3-1 Month Momentum % Related Terms


FRA:8NN vs VRTX, REGN, MRNA: 3-1 Month Momentum % Comparison

For the Biotechnology subindustry, Thor Medical 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.


Thor Medical ASA 3-1 Month Momentum % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Thor Medical ASA's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Thor Medical ASA's 3-1 Month Momentum % falls into.


FRA:8NN
27GF Score
Thor Medical ASA FRA:8NN
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thor Medical ASA  (FRA:8NN) 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 46.31% mean?
Thor Medical ASA (FRA:8NN) has a 3-1 Month Momentum % of 46.31% as of Sep. 12, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Thor Medical ASA and its competitors. According to the industry distribution chart, Thor Medical ASA ranks #119 out of 1384 companies in the Biotechnology industry, placing it in the top 8.6%.
Is Thor Medical ASA's 3-1 Month Momentum % too high?
Thor Medical ASA's current 3-1 Month Momentum % is 46.31%. The Biotechnology industry median 3-1 Month Momentum % is 2.12. Thor Medical ASA's value of 46.31% is 2084.4% above this industry median. Based on the distribution chart, Thor Medical ASA ranks #119 out of 1384 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Thor Medical ASA has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Thor Medical ASA's 3-1 Month Momentum % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Thor Medical ASA ranks #119 out of 1384 companies for 3-1 Month Momentum %. This places Thor Medical ASA in the top 9% of its industry — outperforming the majority of peers. The industry median 3-1 Month Momentum % is 2.12. Thor Medical ASA's value of 46.31% is 2084.4% above this benchmark. 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 Biotechnology company?
The median 3-1 Month Momentum % among Biotechnology companies is 2.12, based on 1,384 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. Thor Medical ASA's current 3-1 Month Momentum % of 46.31% is 2084.4% above the industry median. 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 Thor Medical ASA and its competitors. For the Biotechnology industry, the median 3-1 Month Momentum % is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thor Medical ASA's current 3-1 Month Momentum % is 46.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Medical ASA stock overvalued right now?
Thor Medical ASA (FRA:8NN) has a current 3-1 Month Momentum % of 46.31%. The current 3-1 Month Momentum % is 46.31% and 2084.4% above the Biotechnology industry median of 2.12. Thor Medical ASA's overall GF Score™ is 27/100 with 2 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 Thor Medical ASA (FRA:8NN), the current 3-1 Month Momentum % is 46.31% as of Sep. 12, 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.

Thor Medical ASA Business Description

Other Exchanges TRMED:Norway0R6Y:UK
Address Drammensveien 167, Oslo, NOR, 0277
Thor Medical ASA is a Norway-based biopharmaceutical company. The company is a producer and supplier of alpha-particle emitters for cancer therapy. The production process is based on separation of natural occurring radioactive decay products from thorium. The Company is utilizing alpha-emitters in radiotherapy and cancer treatments using Pb-212, which can be produced from naturally occurring isotope Thorium-232 and Lead-212. It uses a proprietary production process that does not involve irradiation or nuclear reactors to produce alpha-emitting materials. These materials are used by radiopharmaceutical companies in the development of cancer therapies.
27GF 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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