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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 (2026-08-29), Hwa Fong Rubber Ind Co's 3-1 Month Momentum % is 2.48%.
The industry rank for Hwa Fong Rubber Ind Co's 3-1 Month Momentum % or its related term are showing as below:
TPE:2109's 3-1 Month Momentum % is ranked better than 76.24% of 1330
companies
in the Vehicles & Parts industry
Industry Median: -7.04
vs TPE:2109: 2.48
Hwa Fong Rubber Ind Co (TPE:2109) 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.
Hwa Fong Rubber Ind Co 3-1 Month Momentum % Related Terms
TPE:2109 vs ORLY, AZO: 3-1 Month Momentum % Comparison
For the Auto Parts subindustry, Hwa Fong Rubber Ind 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.
Hwa Fong Rubber Ind Co 3-1 Month Momentum % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber Ind Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Hwa Fong Rubber Ind Co's 3-1 Month Momentum % falls into.
Hwa Fong Rubber Ind Co (TPE:2109) 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.
Hwa Fong Rubber Ind Co (TPE:2109) has a 3-1 Month Momentum % of 2.48% as of Aug. 29, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Hwa Fong Rubber Ind Co and its competitors. According to the industry distribution chart, Hwa Fong Rubber Ind Co ranks #316 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 23.8%.
Is Hwa Fong Rubber Ind Co's 3-1 Month Momentum % too high?
Hwa Fong Rubber Ind Co's current 3-1 Month Momentum % is 2.48%. Based on the distribution chart, Hwa Fong Rubber Ind Co ranks #316 out of 1330 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's 3-1 Month Momentum % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber Ind Co ranks #316 out of 1330 companies for 3-1 Month Momentum %. This places Hwa Fong Rubber Ind Co in the top 24% 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 a Vehicles & Parts company?
A good 3-1 Month Momentum % depends on the Vehicles & Parts 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 Hwa Fong Rubber Ind Co and its competitors. Hwa Fong Rubber Ind Co's current 3-1 Month Momentum % is 2.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.63, compared to a current price of NT$14.80 — trading 1.2% above its estimated fair value. The current 3-1 Month Momentum % is 2.48%. Hwa Fong Rubber Ind Co's overall GF Score™ is 71/100 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 Hwa Fong Rubber Ind Co (TPE:2109), the current 3-1 Month Momentum % is 2.48% as of Aug. 29, 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 Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be overvalued.
The current stock price of NT$14.80 is trading 1.2% above its estimated GF Value™ of NT$14.63.
GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.
Key valuation signals for TPE:2109:
3-1 Month Momentum %: 2.48%
GF Value™: NT$14.63 vs. price of NT$14.80 (1.2% above fair value)
No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
71GF Score
Get the complete analysis for TPE:2109
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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