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BSP:CEEB3's 3-1 Month Momentum % is ranked worse than 68.11% of 530
companies
in the Utilities - Regulated industry
Industry Median: -2.195
vs BSP:CEEB3: -7.39
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) 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.
Companhia de Eletricidade do Estado da Bahia – Coelba 3-1 Month Momentum % Related Terms
BSP:CEEB3 vs NEE, SO, DUK: 3-1 Month Momentum % Comparison
For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba'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.
Companhia de Eletricidade do Estado da Bahia – Coelba 3-1 Month Momentum % vs Utilities - Regulated Industry
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) 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.
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a 3-1 Month Momentum % of -7.39% as of Jul. 17, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #361 out of 530 companies in the Utilities - Regulated industry, placing it in the top 68.1%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's 3-1 Month Momentum % too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current 3-1 Month Momentum % is -7.39%. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #361 out of 530 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's 3-1 Month Momentum % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #361 out of 530 companies for 3-1 Month Momentum %. This places Companhia de Eletricidade do Estado da Bahia – Coelba 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 an Utilities - Regulated company?
A good 3-1 Month Momentum % depends on the Utilities - Regulated 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 Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. Companhia de Eletricidade do Estado da Bahia – Coelba's current 3-1 Month Momentum % is -7.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.57, compared to a current price of R$47.10 — trading 1.1% above its estimated fair value. The current 3-1 Month Momentum % is -7.39%. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 75/100 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current 3-1 Month Momentum % is -7.39% as of Jul. 17, 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be overvalued.
The current stock price of R$47.10 is trading 1.1% above its estimated GF Value™ of R$46.57.
GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.
Key valuation signals for BSP:CEEB3:
3-1 Month Momentum %: -7.39%
GF Value™: R$46.57 vs. price of R$47.10 (1.1% above fair value)
No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Companhia de Eletricidade do Estado da Bahia – Coelba Business Description
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