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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 (2026-08-26), Melewar Industrial Group Bhd's 3-1 Month Momentum % is -7.41%.
The industry rank for Melewar Industrial Group Bhd's 3-1 Month Momentum % or its related term are showing as below:
XKLS:3778's 3-1 Month Momentum % is ranked worse than 55.5% of 636
companies
in the Steel industry
Industry Median: -5.47
vs XKLS:3778: -7.41
Melewar Industrial Group Bhd (XKLS:3778) 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.
Melewar Industrial Group Bhd 3-1 Month Momentum % Related Terms
XKLS:3778 vs NUE, STLD, RS: 3-1 Month Momentum % Comparison
For the Steel subindustry, Melewar Industrial Group Bhd'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.
Melewar Industrial Group Bhd 3-1 Month Momentum % vs Steel Industry
For the Steel industry and Basic Materials sector, Melewar Industrial Group Bhd's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Melewar Industrial Group Bhd's 3-1 Month Momentum % falls into.
Melewar Industrial Group Bhd (XKLS:3778) 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.
Melewar Industrial Group Bhd (XKLS:3778) has a 3-1 Month Momentum % of -7.41% as of Aug. 26, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Melewar Industrial Group Bhd and its competitors. According to the industry distribution chart, Melewar Industrial Group Bhd ranks #353 out of 636 companies in the Steel industry, placing it in the top 55.5%.
Is Melewar Industrial Group Bhd's 3-1 Month Momentum % too high?
Melewar Industrial Group Bhd's current 3-1 Month Momentum % is -7.41%. Based on the distribution chart, Melewar Industrial Group Bhd ranks #353 out of 636 companies in the Steel industry, which is below the industry midpoint. Overall, Melewar Industrial Group Bhd has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melewar Industrial Group Bhd's 3-1 Month Momentum % compare to NUE and STLD?
According to the Steel industry distribution chart, Melewar Industrial Group Bhd ranks #353 out of 636 companies for 3-1 Month Momentum %. This places Melewar Industrial Group Bhd 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 Steel company?
A good 3-1 Month Momentum % depends on the Steel 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 Melewar Industrial Group Bhd and its competitors. Melewar Industrial Group Bhd's current 3-1 Month Momentum % is -7.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melewar Industrial Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd (XKLS:3778) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.13 — trading 35% below its estimated fair value. The current 3-1 Month Momentum % is -7.41%. Melewar Industrial Group Bhd's overall GF Score™ is 42/100 with 5 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 Melewar Industrial Group Bhd (XKLS:3778), the current 3-1 Month Momentum % is -7.41% as of Aug. 26, 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 Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?
Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued.
The current stock price of RM0.13 is trading 35% below its estimated GF Value™ of RM0.20.
GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.
Key valuation signals for XKLS:3778:
3-1 Month Momentum %: -7.41%
GF Value™: RM0.20 vs. price of RM0.13 (35% below fair value)
No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melewar Industrial Group Bhd along with its subsidiaries, operates in four reportable segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group derives maximum revenue from Malaysia.
42GF Score
Get the complete analysis for XKLS:3778
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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