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3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-04), Friedman Industries's 3-1 Month Momentum % is 63.44%.
The industry rank for Friedman Industries's 3-1 Month Momentum % or its related term are showing as below:
FRD's 3-1 Month Momentum % is ranked better than 98.13% of 642
companies
in the Steel industry
Industry Median: -5.625
vs FRD: 63.44
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.
Friedman Industries 3-1 Month Momentum % Related Terms
FRD vs MSB, INHD, LUD: 3-1 Month Momentum % Comparison
For the Steel subindustry, Friedman Industries'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.
Friedman Industries 3-1 Month Momentum % vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Friedman Industries'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.
Friedman Industries (FRD) has a 3-1 Month Momentum % of 63.44% as of Aug. 04, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Friedman Industries and its competitors. According to the industry distribution chart, Friedman Industries ranks #12 out of 642 companies in the Steel industry, placing it in the top 1.9%.
Is Friedman Industries' 3-1 Month Momentum % too high?
Friedman Industries' current 3-1 Month Momentum % is 63.44%. Based on the distribution chart, Friedman Industries ranks #12 out of 642 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Friedman Industries has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' 3-1 Month Momentum % compare to MSB and INHD?
According to the Steel industry distribution chart, Friedman Industries ranks #12 out of 642 companies for 3-1 Month Momentum %. This places Friedman Industries in the top 2% of its industry — outperforming the majority of peers. 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 Steel company?
A good 3-1 Month Momentum % depends on the Steel 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 Friedman Industries and its competitors. Friedman Industries's current 3-1 Month Momentum % is 63.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.38, compared to a current price of $35.20 — trading 57.3% above its estimated fair value. The current 3-1 Month Momentum % is 63.44%. Friedman Industries' overall GF Score™ is 70/100 with 8 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 Friedman Industries (FRD), the current 3-1 Month Momentum % is 63.44% as of Aug. 04, 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 Friedman Industries (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $35.20 is trading 57.3% above its estimated GF Value™ of $22.38.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
3-1 Month Momentum %: 63.44%
GF Value™: $22.38 vs. price of $35.20 (57.3% above fair value)
No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
70GF Score
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