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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 (2026-09-21), Merry Electronics Co's 3-1 Month Momentum % is -14.50%.
The industry rank for Merry Electronics Co's 3-1 Month Momentum % or its related term are showing as below:
TPE:2439's 3-1 Month Momentum % is ranked worse than 64.54% of 2476
companies
in the Hardware industry
Industry Median: -8.7
vs TPE:2439: -14.50
Merry Electronics Co (TPE:2439) 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.
Merry Electronics Co 3-1 Month Momentum % Related Terms
TPE:2439 vs AAPL: 3-1 Month Momentum % Comparison
For the Consumer Electronics subindustry, Merry Electronics 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.
Merry Electronics Co 3-1 Month Momentum % vs Hardware Industry
For the Hardware industry and Technology sector, Merry Electronics Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Merry Electronics Co's 3-1 Month Momentum % falls into.
Merry Electronics Co (TPE:2439) 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.
Merry Electronics Co (TPE:2439) has a 3-1 Month Momentum % of -14.50% as of Sep. 21, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Merry Electronics Co and its competitors. According to the industry distribution chart, Merry Electronics Co ranks #1598 out of 2476 companies in the Hardware industry, placing it in the top 64.5%.
Is Merry Electronics Co's 3-1 Month Momentum % too high?
Merry Electronics Co's current 3-1 Month Momentum % is -14.50%. Based on the distribution chart, Merry Electronics Co ranks #1598 out of 2476 companies in the Hardware industry, which is below the industry midpoint. Overall, Merry Electronics Co has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merry Electronics Co's 3-1 Month Momentum % compare to AAPL?
According to the Hardware industry distribution chart, Merry Electronics Co ranks #1598 out of 2476 companies for 3-1 Month Momentum %. This places Merry Electronics Co in the lower 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 Merry Electronics Co and its competitors. Merry Electronics Co's current 3-1 Month Momentum % is -14.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merry Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, Merry Electronics Co (TPE:2439) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$118.39, compared to a current price of NT$78.20 — trading 33.9% below its estimated fair value. The current 3-1 Month Momentum % is -14.50%. Merry Electronics Co's overall GF Score™ is 81/100 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 Merry Electronics Co (TPE:2439), the current 3-1 Month Momentum % is -14.50% as of Sep. 21, 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 Merry Electronics Co (TPE:2439) Overvalued in 2026?
Based on GuruFocus' analysis, Merry Electronics Co stock appears to be undervalued.
The current stock price of NT$78.20 is trading 33.9% below its estimated GF Value™ of NT$118.39.
GuruFocus considers Merry Electronics Co to be Significantly Undervalued.
Key valuation signals for TPE:2439:
3-1 Month Momentum %: -14.50%
GF Value™: NT$118.39 vs. price of NT$78.20 (33.9% below fair value)
No single metric tells the full story. See the TPE:2439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merry Electronics Co Ltd is a Taiwan-based company that is engaged in producing and selling products, including headsets, speakers, microphones, batteries, and personal sound amplifiers. The company's products are applied to a series of business areas, including mobile devices, audio visual devices, computer peripherals, consumer electronics, and healthcare. The company has service sites located around the world, including in Taiwan, Shenzhen, Singapore, Vietnam, Thailand and others.
81GF Score
Get the complete analysis for TPE:2439
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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