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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), Forest Water Environmental Eng'g Co's 3-1 Month Momentum % is -9.30%.
TPE:8473's 3-1 Month Momentum % is ranked worse than 72.16% of 255
companies
in the Waste Management industry
Industry Median: -2.73
vs TPE:8473: -9.30
Forest Water Environmental Eng'g Co (TPE:8473) 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.
Forest Water Environmental Eng'g Co 3-1 Month Momentum % Related Terms
TPE:8473 vs WM, RSG, WCN: 3-1 Month Momentum % Comparison
For the Waste Management subindustry, Forest Water Environmental Eng'g 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.
Forest Water Environmental Eng'g Co 3-1 Month Momentum % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Forest Water Environmental Eng'g Co's 3-1 Month Momentum % falls into.
Forest Water Environmental Eng'g Co (TPE:8473) 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.
Forest Water Environmental Eng'g Co (TPE:8473) has a 3-1 Month Momentum % of -9.30% 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 Forest Water Environmental Eng'g Co and its competitors. According to the industry distribution chart, Forest Water Environmental Eng'g Co ranks #184 out of 255 companies in the Waste Management industry, placing it in the top 72.2%.
Is Forest Water Environmental Eng'g Co's 3-1 Month Momentum % too high?
Forest Water Environmental Eng'g Co's current 3-1 Month Momentum % is -9.30%. Based on the distribution chart, Forest Water Environmental Eng'g Co ranks #184 out of 255 companies in the Waste Management industry, which is below the industry midpoint. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's 3-1 Month Momentum % compare to WM and RSG?
According to the Waste Management industry distribution chart, Forest Water Environmental Eng'g Co ranks #184 out of 255 companies for 3-1 Month Momentum %. This places Forest Water Environmental Eng'g 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 Waste Management company?
A good 3-1 Month Momentum % depends on the Waste Management 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 Forest Water Environmental Eng'g Co and its competitors. Forest Water Environmental Eng'g Co's current 3-1 Month Momentum % is -9.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forest Water Environmental Eng'g Co stock overvalued right now?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co (TPE:8473) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.04, compared to a current price of NT$38.75 — trading 7.8% below its estimated fair value. The current 3-1 Month Momentum % is -9.30%. Forest Water Environmental Eng'g Co's overall GF Score™ is 83/100 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 Forest Water Environmental Eng'g Co (TPE:8473), the current 3-1 Month Momentum % is -9.30% 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 Forest Water Environmental Eng'g Co (TPE:8473) Overvalued in 2026?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co stock appears to be undervalued.
The current stock price of NT$38.75 is trading 7.8% below its estimated GF Value™ of NT$42.04.
GuruFocus considers Forest Water Environmental Eng'g Co to be Fairly Valued.
Key valuation signals for TPE:8473:
3-1 Month Momentum %: -9.30%
GF Value™: NT$42.04 vs. price of NT$38.75 (7.8% below fair value)
No single metric tells the full story. See the TPE:8473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forest Water Environmental Eng'g Co Ltd is engaged includes engineering projects for environmental protection, sewage treatment, waste treatment and recycling, and the recycling and decomposition of compostable food waste. It also provides the construction of a water purification plant, the construction of a sewage treatment plant in the scientific industrial park, and the construction of a sewage treatment plant.
83GF Score
Get the complete analysis for TPE:8473
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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