Minesto AB (OSTO:MINEST) 3-1 Month Momentum %: 83.01% (As of Aug. 02, 2026)

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OSTO:MINEST Minesto AB OSTO:MINEST
31 GF Score
Price kr1.69
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What is Minesto AB 3-1 Month Momentum %?

Minesto AB OSTO:MINEST 31 3-1 Month Momentum % is 83.01% as of Aug. 02, 2026. GuruFocus rates OSTO:MINEST with a GF Score™ of 31/100. Among 538 Utilities - Independent Power Producers companies, Minesto AB ranks better than 98.88% 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 (2026-08-02), Minesto AB's 3-1 Month Momentum % is 83.01%.

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

OSTO:MINEST's 3-1 Month Momentum % is ranked better than
98.88% of 538 companies
in the Utilities - Independent Power Producers industry
Industry Median: -5.71 vs OSTO:MINEST: 83.01

Minesto AB  (OSTO:MINEST) 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.


Minesto AB 3-1 Month Momentum % Related Terms


Minesto AB 3-1 Month Momentum % Competitor Comparison

For the Utilities - Renewable subindustry, Minesto 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.


Minesto AB 3-1 Month Momentum % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Minesto AB's 3-1 Month Momentum % distribution charts can be found below:

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


OSTO:MINEST
31GF Score
Minesto AB OSTO:MINEST
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Minesto AB  (OSTO:MINEST) 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 83.01% mean?
Minesto AB (OSTO:MINEST) has a 3-1 Month Momentum % of 83.01% as of Aug. 02, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Minesto AB and its competitors. According to the industry distribution chart, Minesto AB ranks #6 out of 538 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.1%.
Is Minesto AB's 3-1 Month Momentum % too high?
Minesto AB's current 3-1 Month Momentum % is 83.01%. Based on the distribution chart, Minesto AB ranks #6 out of 538 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Minesto AB has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Minesto AB's 3-1 Month Momentum % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Minesto AB ranks #6 out of 538 companies for 3-1 Month Momentum %. This places Minesto AB in the top 1% of its industry — outperforming the majority of peers. 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 an Utilities - Independent Power Producers company?
A good 3-1 Month Momentum % depends on the Utilities - Independent Power Producers 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 Minesto AB and its competitors. Minesto AB's current 3-1 Month Momentum % is 83.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minesto AB stock overvalued right now?
Minesto AB (OSTO:MINEST) has a current 3-1 Month Momentum % of 83.01%. The current 3-1 Month Momentum % is 83.01%. Minesto AB's overall GF Score™ is 31/100. 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 Minesto AB (OSTO:MINEST), the current 3-1 Month Momentum % is 83.01% as of Aug. 02, 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.

Minesto AB Business Description

Other Exchanges 7MN:Germany
Address Vita gavelns vag 6, Vastra Frolunda, Gothenburg, SWE, 42671
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.
31GF Score

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

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