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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 (2026-09-15), Jung Shing Wire Co's 3-1 Month Momentum % is 12.77%.
The industry rank for Jung Shing Wire Co's 3-1 Month Momentum % or its related term are showing as below:
TPE:1617's 3-1 Month Momentum % is ranked better than 84.19% of 3068
companies
in the Industrial Products industry
Industry Median: -2.95
vs TPE:1617: 12.77
Jung Shing Wire Co (TPE:1617) 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.
Jung Shing Wire Co 3-1 Month Momentum % Related Terms
TPE:1617 vs VRT, BE: 3-1 Month Momentum % Comparison
For the Electrical Equipment & Parts subindustry, Jung Shing Wire 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.
Jung Shing Wire Co 3-1 Month Momentum % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jung Shing Wire Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Jung Shing Wire Co's 3-1 Month Momentum % falls into.
Jung Shing Wire Co (TPE:1617) 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.
Jung Shing Wire Co (TPE:1617) has a 3-1 Month Momentum % of 12.77% as of Sep. 15, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Jung Shing Wire Co and its competitors. According to the industry distribution chart, Jung Shing Wire Co ranks #485 out of 3068 companies in the Industrial Products industry, placing it in the top 15.8%.
Is Jung Shing Wire Co's 3-1 Month Momentum % too high?
Jung Shing Wire Co's current 3-1 Month Momentum % is 12.77%. Based on the distribution chart, Jung Shing Wire Co ranks #485 out of 3068 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Jung Shing Wire Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jung Shing Wire Co's 3-1 Month Momentum % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Jung Shing Wire Co ranks #485 out of 3068 companies for 3-1 Month Momentum %. This places Jung Shing Wire Co in the top 16% 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 Industrial Products company?
A good 3-1 Month Momentum % depends on the Industrial Products 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 Jung Shing Wire Co and its competitors. Jung Shing Wire Co's current 3-1 Month Momentum % is 12.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jung Shing Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Jung Shing Wire Co (TPE:1617) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$19.72, compared to a current price of NT$17.60 — trading 10.8% below its estimated fair value. The current 3-1 Month Momentum % is 12.77%. Jung Shing Wire Co's overall GF Score™ is 77/100 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 Jung Shing Wire Co (TPE:1617), the current 3-1 Month Momentum % is 12.77% as of Sep. 15, 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 Jung Shing Wire Co (TPE:1617) Overvalued in 2026?
Based on GuruFocus' analysis, Jung Shing Wire Co stock appears to be undervalued.
The current stock price of NT$17.60 is trading 10.8% below its estimated GF Value™ of NT$19.72.
GuruFocus considers Jung Shing Wire Co to be Modestly Undervalued.
Key valuation signals for TPE:1617:
3-1 Month Momentum %: 12.77%
GF Value™: NT$19.72 vs. price of NT$17.60 (10.8% below fair value)
No single metric tells the full story. See the TPE:1617 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jung Shing Wire Co Ltd is engaged in the manufacturing and processing of enameled wires and downstream products, and the trading of related machinery and equipment. Its product portfolio comprises general enameled wire, self-melting enameled wire, and special enameled wire. The group has a reporting segment: the wire department, which manufactures various kinds of degaussing rings, enameled wire, and Litz wire. Geographically, the company generates maximum revenue from Mainland China, followed by Taiwan, Vietnam, the Philippines, Japan, and other countries.
77GF Score
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