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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 (2026-09-08), Merida Industry Co's 3-1 Month Momentum % is 18.82%.
The industry rank for Merida Industry Co's 3-1 Month Momentum % or its related term are showing as below:
TPE:9914's 3-1 Month Momentum % is ranked better than 87.66% of 859
companies
in the Travel & Leisure industry
Industry Median: -1.22
vs TPE:9914: 18.82
Merida Industry Co (TPE:9914) 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.
Merida Industry Co 3-1 Month Momentum % Related Terms
TPE:9914 vs AS, HAS, LTH: 3-1 Month Momentum % Comparison
For the Leisure subindustry, Merida Industry 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.
Merida Industry Co 3-1 Month Momentum % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Merida Industry Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Merida Industry Co's 3-1 Month Momentum % falls into.
Merida Industry Co (TPE:9914) 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.
Merida Industry Co (TPE:9914) has a 3-1 Month Momentum % of 18.82% as of Sep. 08, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Merida Industry Co and its competitors. According to the industry distribution chart, Merida Industry Co ranks #106 out of 859 companies in the Travel & Leisure industry, placing it in the top 12.3%.
Is Merida Industry Co's 3-1 Month Momentum % too high?
Merida Industry Co's current 3-1 Month Momentum % is 18.82%. Based on the distribution chart, Merida Industry Co ranks #106 out of 859 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Merida Industry Co has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merida Industry Co's 3-1 Month Momentum % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Merida Industry Co ranks #106 out of 859 companies for 3-1 Month Momentum %. This places Merida Industry Co in the top 12% 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 Travel & Leisure company?
A good 3-1 Month Momentum % depends on the Travel & Leisure 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 Merida Industry Co and its competitors. Merida Industry Co's current 3-1 Month Momentum % is 18.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Merida Industry Co (TPE:9914) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$123.05, compared to a current price of NT$77.00 — trading 37.4% below its estimated fair value. The current 3-1 Month Momentum % is 18.82%. Merida Industry Co's overall GF Score™ is 75/100 with 6 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 Merida Industry Co (TPE:9914), the current 3-1 Month Momentum % is 18.82% as of Sep. 08, 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 Merida Industry Co (TPE:9914) Overvalued in 2026?
Based on GuruFocus' analysis, Merida Industry Co stock appears to be undervalued.
The current stock price of NT$77.00 is trading 37.4% below its estimated GF Value™ of NT$123.05.
GuruFocus considers Merida Industry Co to be Significantly Undervalued.
Key valuation signals for TPE:9914:
3-1 Month Momentum %: 18.82%
GF Value™: NT$123.05 vs. price of NT$77.00 (37.4% below fair value)
No single metric tells the full story. See the TPE:9914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. It distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.
75GF Score
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