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Mitek SystemsMITK +0.22%80 6-1 Month Momentum % is 41.52% as of Aug. 22, 2026. GuruFocus rates MITK with a GF Score™ of 80/100 and a GF Value™ of $11.51 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,840 Software companies, Mitek Systems ranks better than 92.39% on this metric.
6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2026-08-22), Mitek Systems's 6-1 Month Momentum % is 41.52%.
The industry rank for Mitek Systems's 6-1 Month Momentum % or its related term are showing as below:
MITK's 6-1 Month Momentum % is ranked better than 92.39% of 2840
companies
in the Software industry
Industry Median: -10.785
vs MITK: 41.52
Mitek Systems (NAS:MITK) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.
Mitek Systems 6-1 Month Momentum % Related Terms
MITK vs DJCO, PD, RSKD: 6-1 Month Momentum % Comparison
For the Software - Application subindustry, Mitek Systems's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.
Mitek Systems 6-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, Mitek Systems's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Mitek Systems's 6-1 Month Momentum % falls into.
Mitek Systems (NAS:MITK) 6-1 Month Momentum % Calculation
6-1 Month Momentum % is calculated as following:
6-1 Month Momentum %
=
( Price 1-month ago
/
Price 6-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.
Mitek Systems (MITK) has a 6-1 Month Momentum % of 41.52% as of Aug. 22, 2026. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Mitek Systems and its competitors. According to the industry distribution chart, Mitek Systems ranks #216 out of 2840 companies in the Software industry, placing it in the top 7.6%.
Is Mitek Systems' 6-1 Month Momentum % too high?
Mitek Systems' current 6-1 Month Momentum % is 41.52%. Based on the distribution chart, Mitek Systems ranks #216 out of 2840 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mitek Systems has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitek Systems' 6-1 Month Momentum % compare to DJCO and PD?
According to the Software industry distribution chart, Mitek Systems ranks #216 out of 2840 companies for 6-1 Month Momentum %. This places Mitek Systems in the top 8% 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 6-1 Month Momentum % for a Software company?
A good 6-1 Month Momentum % depends on the Software industry context. However, 6-1 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 6-1 Month Momentum % mean?
A high 6-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Mitek Systems and its competitors. Mitek Systems's current 6-1 Month Momentum % is 41.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitek Systems stock overvalued right now?
Based on GuruFocus' analysis, Mitek Systems (MITK) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.51, compared to a current price of $18.56 — trading 61.3% above its estimated fair value. The current 6-1 Month Momentum % is 41.52%. Mitek Systems' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-1 Month Momentum % calculated?
6-1 Month Momentum % is calculated from a company's financial statements. For Mitek Systems (MITK), the current 6-1 Month Momentum % is 41.52% as of Aug. 22, 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 Mitek Systems (MITK) Overvalued in 2026?
Based on GuruFocus' analysis, Mitek Systems stock appears to be overvalued.
The current stock price of $18.56 is trading 61.3% above its estimated GF Value™ of $11.51.
GuruFocus considers Mitek Systems to be Significantly Overvalued.
Key valuation signals for MITK:
6-1 Month Momentum %: 41.52%
GF Value™: $11.51 vs. price of $18.56 (61.3% above fair value)
No single metric tells the full story. See the MITK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
80GF Score
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