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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 (2026-09-05), Mie Co's 3-1 Month Momentum % is 0.44%.
The industry rank for Mie Co's 3-1 Month Momentum % or its related term are showing as below:
NGO:3442's 3-1 Month Momentum % is ranked better than 71.7% of 636
companies
in the Steel industry
Industry Median: -4.345
vs NGO:3442: 0.44
Mie Co (NGO:3442) 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.
Mie Co 3-1 Month Momentum % Related Terms
NGO:3442 vs NUE, STLD, RS: 3-1 Month Momentum % Comparison
For the Steel subindustry, Mie 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.
Mie Co 3-1 Month Momentum % vs Steel Industry
For the Steel industry and Basic Materials sector, Mie Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Mie Co's 3-1 Month Momentum % falls into.
Mie Co (NGO:3442) 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.
Mie Co (NGO:3442) has a 3-1 Month Momentum % of 0.44% as of Sep. 05, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Mie Co and its competitors. According to the industry distribution chart, Mie Co ranks #180 out of 636 companies in the Steel industry, placing it in the top 28.3%.
Is Mie Co's 3-1 Month Momentum % too high?
Mie Co's current 3-1 Month Momentum % is 0.44%. Based on the distribution chart, Mie Co ranks #180 out of 636 companies in the Steel industry, which is above the industry midpoint. Overall, Mie Co has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's 3-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Mie Co ranks #180 out of 636 companies for 3-1 Month Momentum %. This puts Mie Co in the upper 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 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 Mie Co and its competitors. Mie Co's current 3-1 Month Momentum % is 0.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,437.50, compared to a current price of 円1,810.00 — trading 25.9% above its estimated fair value. The current 3-1 Month Momentum % is 0.44%. Mie Co's overall GF Score™ is 60/100 with 4 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 Mie Co (NGO:3442), the current 3-1 Month Momentum % is 0.44% as of Sep. 05, 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 Mie Co (NGO:3442) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Co stock appears to be overvalued.
The current stock price of 円1,810.00 is trading 25.9% above its estimated GF Value™ of 円1,437.50.
GuruFocus considers Mie Co to be Modestly Overvalued.
Key valuation signals for NGO:3442:
3-1 Month Momentum %: 0.44%
GF Value™: 円1,437.50 vs. price of 円1,810.00 (25.9% above fair value)
No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
60GF Score
Get the complete analysis for NGO:3442
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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