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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 (2026-09-15), Irico Group New Energy Co's 3-1 Month Momentum % is -12.12%.
The industry rank for Irico Group New Energy Co's 3-1 Month Momentum % or its related term are showing as below:
HKSE:00438's 3-1 Month Momentum % is ranked worse than 55.65% of 1017
companies
in the Semiconductors industry
Industry Median: -9.13
vs HKSE:00438: -12.12
Irico Group New Energy Co (HKSE:00438) 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.
Irico Group New Energy Co 3-1 Month Momentum % Related Terms
HKSE:00438 vs FSLR, NXT, ENPH: 3-1 Month Momentum % Comparison
For the Solar subindustry, Irico Group New Energy Co'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.
Irico Group New Energy Co 3-1 Month Momentum % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Irico Group New Energy Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Irico Group New Energy Co's 3-1 Month Momentum % falls into.
Irico Group New Energy Co (HKSE:00438) 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.
Irico Group New Energy Co (HKSE:00438) has a 3-1 Month Momentum % of -12.12% as of Sep. 15, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Irico Group New Energy Co and its competitors. According to the industry distribution chart, Irico Group New Energy Co ranks #566 out of 1017 companies in the Semiconductors industry, placing it in the top 55.7%.
Is Irico Group New Energy Co's 3-1 Month Momentum % too high?
Irico Group New Energy Co's current 3-1 Month Momentum % is -12.12%. Based on the distribution chart, Irico Group New Energy Co ranks #566 out of 1017 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Irico Group New Energy Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Irico Group New Energy Co's 3-1 Month Momentum % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Irico Group New Energy Co ranks #566 out of 1017 companies for 3-1 Month Momentum %. This places Irico Group New Energy Co in the lower 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 Semiconductors company?
A good 3-1 Month Momentum % depends on the Semiconductors 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 Irico Group New Energy Co and its competitors. Irico Group New Energy Co's current 3-1 Month Momentum % is -12.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irico Group New Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Irico Group New Energy Co (HKSE:00438) is currently considered Possible Value Trap. The stock's GF Value™ is HK$2.82, compared to a current price of HK$1.10 — trading 61% below its estimated fair value. The current 3-1 Month Momentum % is -12.12%. Irico Group New Energy Co's overall GF Score™ is 44/100 with 6 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 Irico Group New Energy Co (HKSE:00438), the current 3-1 Month Momentum % is -12.12% as of Sep. 15, 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 Irico Group New Energy Co (HKSE:00438) Overvalued in 2026?
Based on GuruFocus' analysis, Irico Group New Energy Co stock appears to be undervalued.
The current stock price of HK$1.10 is trading 61% below its estimated GF Value™ of HK$2.82.
GuruFocus considers Irico Group New Energy Co to be Possible Value Trap.
Key valuation signals for HKSE:00438:
3-1 Month Momentum %: -12.12%
GF Value™: HK$2.82 vs. price of HK$1.10 (61% below fair value)
No single metric tells the full story. See the HKSE:00438 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. Along with its subsidiaries, it produces and sells solar photovoltaic glass, solar photovoltaic modules, and back glass, which is applied to solar cell module packaging. Its geographical segments are: The People's Republic of China (excluding Hong Kong), and Other countries, of which the majority of the revenue comes from China.
44GF Score
Get the complete analysis for HKSE:00438
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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