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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 (2026-09-09), Cheng Uei Precision Industry Co's 3-1 Month Momentum % is -5.74%.
Cheng Uei Precision Industry Co (TPE:2392) 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.
Cheng Uei Precision Industry Co 3-1 Month Momentum % Related Terms
TPE:2392 vs APH, GLW, TEL: 3-1 Month Momentum % Comparison
For the Electronic Components subindustry, Cheng Uei Precision Industry 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.
Cheng Uei Precision Industry Co 3-1 Month Momentum % vs Hardware Industry
For the Hardware industry and Technology sector, Cheng Uei Precision Industry Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cheng Uei Precision Industry Co's 3-1 Month Momentum % falls into.
Cheng Uei Precision Industry Co (TPE:2392) 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.
Cheng Uei Precision Industry Co (TPE:2392) has a 3-1 Month Momentum % of -5.74% as of Sep. 09, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Cheng Uei Precision Industry Co and its competitors. According to the industry distribution chart, Cheng Uei Precision Industry Co ranks #1120 out of 2472 companies in the Hardware industry, placing it in the top 45.3%.
Is Cheng Uei Precision Industry Co's 3-1 Month Momentum % too high?
Cheng Uei Precision Industry Co's current 3-1 Month Momentum % is -5.74%. Based on the distribution chart, Cheng Uei Precision Industry Co ranks #1120 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Cheng Uei Precision Industry Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheng Uei Precision Industry Co's 3-1 Month Momentum % compare to APH and GLW?
According to the Hardware industry distribution chart, Cheng Uei Precision Industry Co ranks #1120 out of 2472 companies for 3-1 Month Momentum %. This puts Cheng Uei Precision Industry Co 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 Hardware company?
A good 3-1 Month Momentum % depends on the Hardware 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 Cheng Uei Precision Industry Co and its competitors. Cheng Uei Precision Industry Co's current 3-1 Month Momentum % is -5.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Uei Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co (TPE:2392) is currently considered Fairly Valued. The stock's GF Value™ is NT$46.17, compared to a current price of NT$42.80 — trading 7.3% below its estimated fair value. The current 3-1 Month Momentum % is -5.74%. Cheng Uei Precision Industry Co's overall GF Score™ is 65/100 with 10 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 Cheng Uei Precision Industry Co (TPE:2392), the current 3-1 Month Momentum % is -5.74% as of Sep. 09, 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 Cheng Uei Precision Industry Co (TPE:2392) Overvalued in 2026?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co stock appears to be undervalued.
The current stock price of NT$42.80 is trading 7.3% below its estimated GF Value™ of NT$46.17.
GuruFocus considers Cheng Uei Precision Industry Co to be Fairly Valued.
Key valuation signals for TPE:2392:
3-1 Month Momentum %: -5.74%
GF Value™: NT$46.17 vs. price of NT$42.80 (7.3% below fair value)
No single metric tells the full story. See the TPE:2392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheng Uei Precision Industry Co Ltd is engaged in the manufacture of cable assemblies, connectors, battery packs, and power modules. Its main clients are producers of communications devices, computers, and consumer electronics. Its product portfolio consists of cables, connectors, accessories, battery packs, power modules, wireless and Bluetooth products, camera modules, audio products, wearable devices, and gaming products. The company's reportable operating segments include Systems and peripheral products, which derive maximum revenue, 3C component, 3C product retail, Energy service management, and Others. Geographically, it derives maximum revenue from America, followed by Taiwan, China, Vietnam, Hong Kong, India, and other regions.
65GF 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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