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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 (2026-08-13), CodeMill AB's 3-1 Month Momentum % is -2.26%.
The industry rank for CodeMill AB's 3-1 Month Momentum % or its related term are showing as below:
OSTO:CDMIL's 3-1 Month Momentum % is ranked better than 57.27% of 2841
companies
in the Software industry
Industry Median: -5.54
vs OSTO:CDMIL: -2.26
CodeMill AB (OSTO:CDMIL) 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.
CodeMill AB 3-1 Month Momentum % Related Terms
OSTO:CDMIL vs QH, SHOP, UBER: 3-1 Month Momentum % Comparison
For the Software - Application subindustry, CodeMill 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.
CodeMill AB 3-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, CodeMill AB's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where CodeMill AB's 3-1 Month Momentum % falls into.
CodeMill AB (OSTO:CDMIL) 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.
CodeMill AB (OSTO:CDMIL) has a 3-1 Month Momentum % of -2.26% as of Aug. 13, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on CodeMill AB and its competitors. According to the industry distribution chart, CodeMill AB ranks #1214 out of 2841 companies in the Software industry, placing it in the top 42.7%.
Is CodeMill AB's 3-1 Month Momentum % too high?
CodeMill AB's current 3-1 Month Momentum % is -2.26%. Based on the distribution chart, CodeMill AB ranks #1214 out of 2841 companies in the Software industry, which is above the industry midpoint. Overall, CodeMill AB has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CodeMill AB's 3-1 Month Momentum % compare to QH and SHOP?
According to the Software industry distribution chart, CodeMill AB ranks #1214 out of 2841 companies for 3-1 Month Momentum %. This puts CodeMill AB 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 Software company?
A good 3-1 Month Momentum % depends on the Software 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 CodeMill AB and its competitors. CodeMill AB's current 3-1 Month Momentum % is -2.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeMill AB stock overvalued right now?
Based on GuruFocus' analysis, CodeMill AB (OSTO:CDMIL) is currently considered Fairly Valued. The stock's GF Value™ is kr13.35, compared to a current price of kr12.25 — trading 8.2% below its estimated fair value. The current 3-1 Month Momentum % is -2.26%. CodeMill AB's overall GF Score™ is 74/100 with 1 warning sign 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 CodeMill AB (OSTO:CDMIL), the current 3-1 Month Momentum % is -2.26% as of Aug. 13, 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 CodeMill AB (OSTO:CDMIL) Overvalued in 2026?
Based on GuruFocus' analysis, CodeMill AB stock appears to be undervalued.
The current stock price of kr12.25 is trading 8.2% below its estimated GF Value™ of kr13.35.
GuruFocus considers CodeMill AB to be Fairly Valued.
Key valuation signals for OSTO:CDMIL:
3-1 Month Momentum %: -2.26%
GF Value™: kr13.35 vs. price of kr12.25 (8.2% below fair value)
No single metric tells the full story. See the OSTO:CDMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CodeMill AB is a technology company that offers software development and technical services for video and media companies. The company's products include Accurate Player SDK, Accurate Video and Cantemo, as well as the product service, Digital Service, enable the streamlining of video and film production and distribution, from editing to archiving. Codemill has framework agreements with some of the world's key media companies such as Amazon Studios.
74GF Score
Get the complete analysis for OSTO:CDMIL
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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