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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), Mega Union Technology's 3-1 Month Momentum % is 0.60%.
The industry rank for Mega Union Technology's 3-1 Month Momentum % or its related term are showing as below:
TPE:6944's 3-1 Month Momentum % is ranked better than 86.3% of 3073
companies
in the Industrial Products industry
Industry Median: -10.73
vs TPE:6944: 0.60
Mega Union Technology (TPE:6944) 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.
Mega Union Technology 3-1 Month Momentum % Related Terms
TPE:6944 vs VLTO, ZWS, CECO: 3-1 Month Momentum % Comparison
For the Pollution & Treatment Controls subindustry, Mega Union Technology'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.
Mega Union Technology 3-1 Month Momentum % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mega Union Technology's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Mega Union Technology's 3-1 Month Momentum % falls into.
Mega Union Technology (TPE:6944) 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.
Mega Union Technology (TPE:6944) has a 3-1 Month Momentum % of 0.60% 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 Mega Union Technology and its competitors. According to the industry distribution chart, Mega Union Technology ranks #421 out of 3073 companies in the Industrial Products industry, placing it in the top 13.7%.
Is Mega Union Technology's 3-1 Month Momentum % too high?
Mega Union Technology's current 3-1 Month Momentum % is 0.60%. Based on the distribution chart, Mega Union Technology ranks #421 out of 3073 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mega Union Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mega Union Technology's 3-1 Month Momentum % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Mega Union Technology ranks #421 out of 3073 companies for 3-1 Month Momentum %. This places Mega Union Technology in the top 14% 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 Mega Union Technology and its competitors. Mega Union Technology's current 3-1 Month Momentum % is 0.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Union Technology stock overvalued right now?
Based on GuruFocus' analysis, Mega Union Technology (TPE:6944) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$515.76, compared to a current price of NT$712.00 — trading 38% above its estimated fair value. The current 3-1 Month Momentum % is 0.60%. Mega Union Technology's overall GF Score™ is 70/100 with 1 warning sign 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 Mega Union Technology (TPE:6944), the current 3-1 Month Momentum % is 0.60% 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 Mega Union Technology (TPE:6944) Overvalued in 2026?
Based on GuruFocus' analysis, Mega Union Technology stock appears to be overvalued.
The current stock price of NT$712.00 is trading 38% above its estimated GF Value™ of NT$515.76.
GuruFocus considers Mega Union Technology to be Significantly Overvalued.
Key valuation signals for TPE:6944:
3-1 Month Momentum %: 0.60%
GF Value™: NT$515.76 vs. price of NT$712.00 (38% above fair value)
No single metric tells the full story. See the TPE:6944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mega Union Technology Inc is engaged in the planning, design, and installation of ultrapure water and wastewater recycling systems. It focuses on water recovery and recycling, prolonging the cycle life of water, and reducing the depletion of water resources. It offers Seawater desalination/general industrial water/ultrapure water production systems; Wastewater Treatment Systems / Recycled Water Treatment Systems; and Chemical Recycling Manufacturing Systems. The company's operating segments include the Construction segment and Other segments.
70GF Score
Get the complete analysis for TPE:6944
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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