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Garpco AB (NGM:GARPCO B) 3-1 Month Momentum % : 4.92% (As of Jun. 27, 2025)


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What is Garpco AB 3-1 Month Momentum %?

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2025-06-27), Garpco AB's 3-1 Month Momentum % is 4.92%.

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

NGM:GARPCO B's 3-1 Month Momentum % is ranked better than
76.85% of 1689 companies
in the Asset Management industry
Industry Median: -1.08 vs NGM:GARPCO B: 4.92

Competitive Comparison of Garpco AB's 3-1 Month Momentum %

For the Asset Management subindustry, Garpco AB'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.


Garpco AB's 3-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Garpco AB's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Garpco AB's 3-1 Month Momentum % falls into.


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Garpco AB  (NGM:GARPCO B) 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.


Garpco AB  (NGM:GARPCO B) 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.


Garpco AB 3-1 Month Momentum % Related Terms

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Garpco AB Business Description

Traded in Other Exchanges
N/A
Address
Huskvarnavagen 80, 3 tr, Jonkoping, SWE, 554 54
Website
Garpco AB is a company that operates through its subsidiaries whose business concept consists of acquiring and long-term development of small and medium-sized industrial and trading companies. Through a combination of company acquisitions and organic growth in the subsidiaries, they create a profitable company group of such a size that the individual subsidiaries' needs for both competent employees and growth capital are secured, while at the same time, it gives the shareholders a good return on invested capital.

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