Race Eco Chain (NSE:RACE) 3-1 Month Momentum %: -9.91% (As of Aug. 09, 2026)

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NSE:RACE Race Eco Chain Ltd NSE:RACE
78 GF Score
Price ₹108.76
GF Value ₹563.04
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Race Eco Chain 3-1 Month Momentum %?

Race Eco Chain NSE:RACE +4.20% 78 3-1 Month Momentum % is -9.91% as of Aug. 09, 2026. GuruFocus rates NSE:RACE with a GF Score™ of 78/100 and a GF Value™ of ₹563.04 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 254 Waste Management companies, Race Eco Chain ranks worse than 61.02% 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 (2026-08-09), Race Eco Chain's 3-1 Month Momentum % is -9.91%.

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

NSE:RACE's 3-1 Month Momentum % is ranked worse than
61.02% of 254 companies
in the Waste Management industry
Industry Median: -8.47 vs NSE:RACE: -9.91

Race Eco Chain  (NSE:RACE) 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.


Race Eco Chain 3-1 Month Momentum % Related Terms


NSE:RACE vs WM, RSG, WCN: 3-1 Month Momentum % Comparison

For the Waste Management subindustry, Race Eco Chain'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.


Race Eco Chain 3-1 Month Momentum % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's 3-1 Month Momentum % falls into.


NSE:RACE
78GF Score
Race Eco Chain Ltd NSE:RACE
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Race Eco Chain  (NSE:RACE) 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 -9.91% mean?
Race Eco Chain (NSE:RACE) has a 3-1 Month Momentum % of -9.91% as of Aug. 09, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Race Eco Chain and its competitors. According to the industry distribution chart, Race Eco Chain ranks #155 out of 254 companies in the Waste Management industry, placing it in the top 61%.
Is Race Eco Chain's 3-1 Month Momentum % too high?
Race Eco Chain's current 3-1 Month Momentum % is -9.91%. Based on the distribution chart, Race Eco Chain ranks #155 out of 254 companies in the Waste Management industry, which is below the industry midpoint. Overall, Race Eco Chain has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's 3-1 Month Momentum % compare to WM and RSG?
According to the Waste Management industry distribution chart, Race Eco Chain ranks #155 out of 254 companies for 3-1 Month Momentum %. This places Race Eco Chain 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 Waste Management company?
A good 3-1 Month Momentum % depends on the Waste Management 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 Race Eco Chain and its competitors. Race Eco Chain's current 3-1 Month Momentum % is -9.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹563.04, compared to a current price of ₹108.76 — trading 80.7% below its estimated fair value. The current 3-1 Month Momentum % is -9.91%. Race Eco Chain's overall GF Score™ is 78/100 with 3 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 Race Eco Chain (NSE:RACE), the current 3-1 Month Momentum % is -9.91% as of Aug. 09, 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued. The current stock price of ₹108.76 is trading 80.7% below its estimated GF Value™ of ₹563.04. GuruFocus considers Race Eco Chain to be Significantly Undervalued.

Key valuation signals for NSE:RACE:

  • 3-1 Month Momentum %: -9.91%
  • GF Value™: ₹563.04 vs. price of ₹108.76 (80.7% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the NSE:RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Race Eco Chain Business Description

Other Exchanges 537785:India
Address Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
78GF Score

Get the complete analysis for NSE:RACE

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹108.76
Price
₹563.04
GF Value