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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 (2026-09-03), Qantas Airways's 3-1 Month Momentum % is 12.66%.
The industry rank for Qantas Airways's 3-1 Month Momentum % or its related term are showing as below:
ASX:QAN's 3-1 Month Momentum % is ranked better than 76.55% of 1062
companies
in the Transportation industry
Industry Median: -0.92
vs ASX:QAN: 12.66
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.
Qantas Airways 3-1 Month Momentum % Related Terms
ASX:QAN vs DAL, UAL, LUV: 3-1 Month Momentum % Comparison
For the Airlines subindustry, Qantas Airways'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.
Qantas Airways 3-1 Month Momentum % vs Transportation Industry
For the Transportation industry and Industrials sector, Qantas Airways's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Qantas Airways's 3-1 Month Momentum % falls into.
* 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.
Qantas Airways (ASX:QAN) has a 3-1 Month Momentum % of 12.66% as of Sep. 03, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Qantas Airways and its competitors. According to the industry distribution chart, Qantas Airways ranks #249 out of 1062 companies in the Transportation industry, placing it in the top 23.4%.
Is Qantas Airways' 3-1 Month Momentum % too high?
Qantas Airways' current 3-1 Month Momentum % is 12.66%. Based on the distribution chart, Qantas Airways ranks #249 out of 1062 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Qantas Airways has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qantas Airways' 3-1 Month Momentum % compare to DAL and UAL?
According to the Transportation industry distribution chart, Qantas Airways ranks #249 out of 1062 companies for 3-1 Month Momentum %. This places Qantas Airways in the top 23% 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 Transportation company?
A good 3-1 Month Momentum % depends on the Transportation 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 Qantas Airways and its competitors. Qantas Airways's current 3-1 Month Momentum % is 12.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qantas Airways stock overvalued right now?
Based on GuruFocus' analysis, Qantas Airways (ASX:QAN) is currently considered Fairly Valued. The stock's GF Value™ is A$10.09, compared to a current price of A$9.35 — trading 7.3% below its estimated fair value. The current 3-1 Month Momentum % is 12.66%. Qantas Airways' overall GF Score™ is 81/100 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 Qantas Airways (ASX:QAN), the current 3-1 Month Momentum % is 12.66% as of Sep. 03, 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 Qantas Airways (ASX:QAN) Overvalued in 2026?
Based on GuruFocus' analysis, Qantas Airways stock appears to be undervalued.
The current stock price of A$9.35 is trading 7.3% below its estimated GF Value™ of A$10.09.
GuruFocus considers Qantas Airways to be Fairly Valued.
Key valuation signals for ASX:QAN:
3-1 Month Momentum %: 12.66%
GF Value™: A$10.09 vs. price of A$9.35 (7.3% below fair value)
No single metric tells the full story. See the ASX:QAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.
81GF Score
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