Turnium Technology Group (FRA:E48) 3-1 Month Momentum %: -26.90% (As of Sep. 11, 2026)

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What is Turnium Technology Group 3-1 Month Momentum %?

Turnium Technology Group FRA:E48 3-1 Month Momentum % is -26.90% as of Sep. 11, 2026. The stock has 8 warning signs investors should review. Among 2,820 Software companies, Turnium Technology Group ranks worse than 91.1% 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 (2026-09-11), Turnium Technology Group's 3-1 Month Momentum % is -26.90%.

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

FRA:E48's 3-1 Month Momentum % is ranked worse than
91.1% of 2820 companies
in the Software industry
Industry Median: 0.415 vs FRA:E48: -26.90

Turnium Technology Group  (FRA:E48) 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.


Turnium Technology Group 3-1 Month Momentum % Related Terms


FRA:E48 vs MSFT, PLTR, ORCL: 3-1 Month Momentum % Comparison

For the Software - Infrastructure subindustry, Turnium Technology Group'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.


Turnium Technology Group 3-1 Month Momentum % vs Software Industry

For the Software industry and Technology sector, Turnium Technology Group's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Turnium Technology Group's 3-1 Month Momentum % falls into.



Turnium Technology Group  (FRA:E48) 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 -26.90% mean?
Turnium Technology Group (FRA:E48) has a 3-1 Month Momentum % of -26.90% as of Sep. 11, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Turnium Technology Group and its competitors. According to the industry distribution chart, Turnium Technology Group ranks #2569 out of 2820 companies in the Software industry, placing it in the top 91.1%.
Is Turnium Technology Group's 3-1 Month Momentum % too high?
Turnium Technology Group's current 3-1 Month Momentum % is -26.90%. Based on the distribution chart, Turnium Technology Group ranks #2569 out of 2820 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Turnium Technology Group's 3-1 Month Momentum % compare to MSFT and PLTR?
According to the Software industry distribution chart, Turnium Technology Group ranks #2569 out of 2820 companies for 3-1 Month Momentum %. This places Turnium Technology Group in the lower half of its industry. The industry median 3-1 Month Momentum % is 0.42. 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 Software company?
The median 3-1 Month Momentum % among Software companies is 0.42, based on 2,820 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 Turnium Technology Group and its competitors. For the Software industry, the median 3-1 Month Momentum % is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnium Technology Group's current 3-1 Month Momentum % is -26.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Turnium Technology Group (FRA:E48) is currently considered Possible Value Trap. The stock's GF Value™ is €0.08, compared to a current price of €0.02 — trading 73.5% below its estimated fair value. The current 3-1 Month Momentum % is -26.90%. 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 Turnium Technology Group (FRA:E48), the current 3-1 Month Momentum % is -26.90% as of Sep. 11, 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.

Turnium Technology Group Business Description

Other Exchanges TTGI:Canada
Address 3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5
Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.