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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 (2026-09-11), Mirle Automation Co's 3-1 Month Momentum % is 23.29%.
The industry rank for Mirle Automation Co's 3-1 Month Momentum % or its related term are showing as below:
TPE:2464's 3-1 Month Momentum % is ranked better than 92.62% of 3062
companies
in the Industrial Products industry
Industry Median: -2.665
vs TPE:2464: 23.29
Mirle Automation Co (TPE:2464) 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.
Mirle Automation Co 3-1 Month Momentum % Related Terms
TPE:2464 vs GEV, ETN, PH: 3-1 Month Momentum % Comparison
For the Specialty Industrial Machinery subindustry, Mirle Automation 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.
Mirle Automation Co 3-1 Month Momentum % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mirle Automation Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Mirle Automation Co's 3-1 Month Momentum % falls into.
Mirle Automation Co (TPE:2464) 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.
Mirle Automation Co (TPE:2464) has a 3-1 Month Momentum % of 23.29% as of Sep. 11, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Mirle Automation Co and its competitors. According to the industry distribution chart, Mirle Automation Co ranks #226 out of 3062 companies in the Industrial Products industry, placing it in the top 7.4%.
Is Mirle Automation Co's 3-1 Month Momentum % too high?
Mirle Automation Co's current 3-1 Month Momentum % is 23.29%. Based on the distribution chart, Mirle Automation Co ranks #226 out of 3062 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mirle Automation Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mirle Automation Co's 3-1 Month Momentum % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mirle Automation Co ranks #226 out of 3062 companies for 3-1 Month Momentum %. This places Mirle Automation Co in the top 7% 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 Mirle Automation Co and its competitors. Mirle Automation Co's current 3-1 Month Momentum % is 23.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirle Automation Co stock overvalued right now?
Based on GuruFocus' analysis, Mirle Automation Co (TPE:2464) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$64.87, compared to a current price of NT$193.50 — trading 198.3% above its estimated fair value. The current 3-1 Month Momentum % is 23.29%. Mirle Automation Co's overall GF Score™ is 59/100 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 Mirle Automation Co (TPE:2464), the current 3-1 Month Momentum % is 23.29% as of Sep. 11, 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 Mirle Automation Co (TPE:2464) Overvalued in 2026?
Based on GuruFocus' analysis, Mirle Automation Co stock appears to be overvalued.
The current stock price of NT$193.50 is trading 198.3% above its estimated GF Value™ of NT$64.87.
GuruFocus considers Mirle Automation Co to be Significantly Overvalued.
Key valuation signals for TPE:2464:
3-1 Month Momentum %: 23.29%
GF Value™: NT$64.87 vs. price of NT$193.50 (198.3% above fair value)
No single metric tells the full story. See the TPE:2464 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirle Automation Co Ltd is engaged in automation system integrators and related product manufacturing. It is mainly engaged in the business of automation equipment systems and their components, various parking facilities, medical equipment, and the design, development, production, and sale of automation equipment used in these products, and also provides after-sales services for the products. It is also engaged in the leasing business and develops and sells software and databases. Its segments are the intelligent automation system and equipment, which derive key revenue, and the digital technology products and industrial controllers. Geographically, it derives key revenue from Taiwan. Product-wise, it generates the majority of its revenue from Semiconductor automation systems.
59GF Score
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