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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 (2026-08-25), Nichia Steel Works's 3-1 Month Momentum % is 4.23%.
The industry rank for Nichia Steel Works's 3-1 Month Momentum % or its related term are showing as below:
TSE:5658's 3-1 Month Momentum % is ranked better than 78.77% of 3066
companies
in the Industrial Products industry
Industry Median: -11.62
vs TSE:5658: 4.23
Nichia Steel Works (TSE:5658) 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.
Nichia Steel Works 3-1 Month Momentum % Related Terms
TSE:5658 vs SNA, RBC, SWK: 3-1 Month Momentum % Comparison
For the Tools & Accessories subindustry, Nichia Steel Works'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.
Nichia Steel Works 3-1 Month Momentum % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nichia Steel Works's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Nichia Steel Works's 3-1 Month Momentum % falls into.
Nichia Steel Works (TSE:5658) 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.
Nichia Steel Works (TSE:5658) has a 3-1 Month Momentum % of 4.23% as of Aug. 25, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Nichia Steel Works and its competitors. According to the industry distribution chart, Nichia Steel Works ranks #651 out of 3066 companies in the Industrial Products industry, placing it in the top 21.2%.
Is Nichia Steel Works' 3-1 Month Momentum % too high?
Nichia Steel Works' current 3-1 Month Momentum % is 4.23%. Based on the distribution chart, Nichia Steel Works ranks #651 out of 3066 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nichia Steel Works has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichia Steel Works' 3-1 Month Momentum % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Nichia Steel Works ranks #651 out of 3066 companies for 3-1 Month Momentum %. This places Nichia Steel Works in the top 21% 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 Nichia Steel Works and its competitors. Nichia Steel Works's current 3-1 Month Momentum % is 4.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichia Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nichia Steel Works (TSE:5658) is currently considered Modestly Overvalued. The stock's GF Value™ is 円326.96, compared to a current price of 円406.00 — trading 24.2% above its estimated fair value. The current 3-1 Month Momentum % is 4.23%. Nichia Steel Works' overall GF Score™ is 66/100 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 Nichia Steel Works (TSE:5658), the current 3-1 Month Momentum % is 4.23% as of Aug. 25, 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 Nichia Steel Works (TSE:5658) Overvalued in 2026?
Based on GuruFocus' analysis, Nichia Steel Works stock appears to be overvalued.
The current stock price of 円406.00 is trading 24.2% above its estimated GF Value™ of 円326.96.
GuruFocus considers Nichia Steel Works to be Modestly Overvalued.
Key valuation signals for TSE:5658:
3-1 Month Momentum %: 4.23%
GF Value™: 円326.96 vs. price of 円406.00 (24.2% above fair value)
No single metric tells the full story. See the TSE:5658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.
66GF Score
Get the complete analysis for TSE:5658
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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