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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 (2026-09-17), Ningbo United Group Co's 3-1 Month Momentum % is 0.49%.
The industry rank for Ningbo United Group Co's 3-1 Month Momentum % or its related term are showing as below:
SHSE:600051's 3-1 Month Momentum % is ranked worse than 57.59% of 158
companies
in the Industrial Distribution industry
Industry Median: 3.43
vs SHSE:600051: 0.49
Ningbo United Group Co (SHSE:600051) 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.
Ningbo United Group Co 3-1 Month Momentum % Related Terms
SHSE:600051 vs GWW, FAST, FERG: 3-1 Month Momentum % Comparison
For the Industrial Distribution subindustry, Ningbo United Group 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.
Ningbo United Group Co 3-1 Month Momentum % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Ningbo United Group Co's 3-1 Month Momentum % falls into.
Ningbo United Group Co (SHSE:600051) 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.
Ningbo United Group Co (SHSE:600051) has a 3-1 Month Momentum % of 0.49% as of Sep. 17, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Ningbo United Group Co and its competitors. According to the industry distribution chart, Ningbo United Group Co ranks #91 out of 158 companies in the Industrial Distribution industry, placing it in the top 57.6%.
Is Ningbo United Group Co's 3-1 Month Momentum % too high?
Ningbo United Group Co's current 3-1 Month Momentum % is 0.49%. The Industrial Distribution industry median 3-1 Month Momentum % is 3.43. Ningbo United Group Co's value of 0.49% is 85.7% below this industry median. Based on the distribution chart, Ningbo United Group Co ranks #91 out of 158 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Ningbo United Group Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's 3-1 Month Momentum % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ningbo United Group Co ranks #91 out of 158 companies for 3-1 Month Momentum %. This places Ningbo United Group Co in the lower half of its industry. The industry median 3-1 Month Momentum % is 3.43. Ningbo United Group Co's value of 0.49% is 85.7% below this benchmark. 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 Industrial Distribution company?
The median 3-1 Month Momentum % among Industrial Distribution companies is 3.43, based on 158 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ningbo United Group Co's current 3-1 Month Momentum % of 0.49% is 85.7% below the industry median. 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 Ningbo United Group Co and its competitors. For the Industrial Distribution industry, the median 3-1 Month Momentum % is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo United Group Co's current 3-1 Month Momentum % is 0.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.87, compared to a current price of ¥6.10 — trading 57.6% above its estimated fair value. The current 3-1 Month Momentum % is 0.49% and 85.7% below the Industrial Distribution industry median of 3.43. Ningbo United Group Co's overall GF Score™ is 52/100 with 9 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 Ningbo United Group Co (SHSE:600051), the current 3-1 Month Momentum % is 0.49% as of Sep. 17, 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 Ningbo United Group Co (SHSE:600051) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued.
The current stock price of ¥6.10 is trading 57.6% above its estimated GF Value™ of ¥3.87.
GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600051:
3-1 Month Momentum %: 0.49%
GF Value™: ¥3.87 vs. price of ¥6.10 (57.6% above fair value)
Industry Position: 85.7% below the Industrial Distribution median (#91 of 158)
No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
52GF Score
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