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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 (2026-08-28), ELTA Technology Co's 3-1 Month Momentum % is 5.07%.
The industry rank for ELTA Technology Co's 3-1 Month Momentum % or its related term are showing as below:
TPE:8487's 3-1 Month Momentum % is ranked better than 75.98% of 1020
companies
in the Media - Diversified industry
Industry Median: -4.73
vs TPE:8487: 5.07
ELTA Technology Co (TPE:8487) 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.
ELTA Technology Co 3-1 Month Momentum % Related Terms
TPE:8487 vs NFLX, DIS, WBD: 3-1 Month Momentum % Comparison
For the Entertainment subindustry, ELTA Technology 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.
ELTA Technology Co 3-1 Month Momentum % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, ELTA Technology Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where ELTA Technology Co's 3-1 Month Momentum % falls into.
ELTA Technology Co (TPE:8487) 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.
ELTA Technology Co (TPE:8487) has a 3-1 Month Momentum % of 5.07% as of Aug. 28, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on ELTA Technology Co and its competitors. According to the industry distribution chart, ELTA Technology Co ranks #245 out of 1020 companies in the Media - Diversified industry, placing it in the top 24%.
Is ELTA Technology Co's 3-1 Month Momentum % too high?
ELTA Technology Co's current 3-1 Month Momentum % is 5.07%. Based on the distribution chart, ELTA Technology Co ranks #245 out of 1020 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, ELTA Technology Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELTA Technology Co's 3-1 Month Momentum % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, ELTA Technology Co ranks #245 out of 1020 companies for 3-1 Month Momentum %. This places ELTA Technology Co in the top 24% 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 a Media - Diversified company?
A good 3-1 Month Momentum % depends on the Media - Diversified 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 ELTA Technology Co and its competitors. ELTA Technology Co's current 3-1 Month Momentum % is 5.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELTA Technology Co stock overvalued right now?
Based on GuruFocus' analysis, ELTA Technology Co (TPE:8487) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$91.41, compared to a current price of NT$71.90 — trading 21.3% below its estimated fair value. The current 3-1 Month Momentum % is 5.07%. ELTA Technology Co's overall GF Score™ is 84/100 with 3 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 ELTA Technology Co (TPE:8487), the current 3-1 Month Momentum % is 5.07% as of Aug. 28, 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 ELTA Technology Co (TPE:8487) Overvalued in 2026?
Based on GuruFocus' analysis, ELTA Technology Co stock appears to be undervalued.
The current stock price of NT$71.90 is trading 21.3% below its estimated GF Value™ of NT$91.41.
GuruFocus considers ELTA Technology Co to be Modestly Undervalued.
Key valuation signals for TPE:8487:
3-1 Month Momentum %: 5.07%
GF Value™: NT$91.41 vs. price of NT$71.90 (21.3% below fair value)
No single metric tells the full story. See the TPE:8487 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ELTA Technology Co is a Taiwan-based company engaged in the provision of digital audio and video content, digital audio and video channel operations, and media ads broadcasting services. The company provides (IPTV) digital multimedia transmission platform (MOD) and over-the-top media service (OTT) platform. The company generates a majority of its revenue from the Content and channel operation departments and the rest from other activities.
84GF Score
Get the complete analysis for TPE:8487
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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