Red Metal (ASX:RDM) Momentum Rank: 3 (As of Aug. 04, 2026) — 40% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:RDM Red Metal Ltd ASX:RDM
20 GF Score
Price A$0.14
! 3 Warning Signs
View Full Analysis

What is Red Metal Momentum Rank?

Red Metal ASX:RDM +3.70% 20 Momentum Rank is 3 as of Aug. 04, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates ASX:RDM with a GF Score™ of 20/100. The stock has 3 warning signs investors should review.

Red Metal has the Momentum Rank of 3.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Red Metal Momentum Rank Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Red Metal's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Red Metal Momentum Rank vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Red Metal's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Red Metal's Momentum Rank falls into.


ASX:RDM
20GF Score
Red Metal Ltd ASX:RDM
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 3 mean?
Red Metal (ASX:RDM) has a Momentum Rank of 3 as of Aug. 04, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Red Metal and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Red Metal's Momentum Rank has ranged from 1.00 to 10.00.
Is Red Metal's Momentum Rank too high?
Red Metal's current Momentum Rank of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, Red Metal has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Red Metal's Momentum Rank compare to competitors?
Red Metal's Momentum Rank of 3 can be compared against companies in the Metals & Mining industry. Historically, Red Metal's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for a Metals & Mining company?
A good Momentum Rank depends on the Metals & Mining industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Red Metal and its competitors. Red Metal's current Momentum Rank is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal stock overvalued right now?
Red Metal (ASX:RDM) has a current Momentum Rank of 3. The current Momentum Rank is 3, which is 40% below median its 10-year median of 5.00. Red Metal's overall GF Score™ is 20/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Red Metal (ASX:RDM), the current Momentum Rank is 3 as of Aug. 04, 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.

Red Metal Business Description

Other Exchanges RMX:Germany
Address 323 Castlereagh Street, Level 15, Sydney, NSW, AUS, 2000
Red Metal Ltd is a minerals exploration company. The company explores for copper, copper-gold, copper-nickel, and silver-lead zinc deposits. The company owns projects in the Sybella REO Discovery Northwest, QLD, Paterson Province WA, Carpentaria Province QLD, Gawler Craton and Curnamona Province SA, Pilbara Craton WA, Coompana and Madura Provinces Nullarbor Project WA, and others. It operates in the mining industry in Australia.
20GF Score

Get the complete analysis for ASX:RDM

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.14
Price