National Grid (CHIX:NGL) 3-1 Month Momentum %: -4.33% (As of Aug. 03, 2026)

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.

CHIX:NGL National Grid PLC CHIX:NGL
75 GF Score
Price £11.91
GF Value £7.48
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is National Grid 3-1 Month Momentum %?

National Grid CHIX:NGL +0.70% 75 3-1 Month Momentum % is -4.33% as of Aug. 03, 2026. GuruFocus rates CHIX:NGL with a GF Score™ of 75/100 and a GF Value™ of £7.48 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 534 Utilities - Regulated companies, National Grid ranks worse than 54.49% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-03), National Grid's 3-1 Month Momentum % is -4.33%.

The industry rank for National Grid's 3-1 Month Momentum % or its related term are showing as below:

CHIX:NGl's 3-1 Month Momentum % is ranked worse than
54.49% of 534 companies
in the Utilities - Regulated industry
Industry Median: -3.7 vs CHIX:NGl: -4.33

National Grid  (CHIX:NGl) 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.


National Grid 3-1 Month Momentum % Related Terms


CHIX:NGL vs NEE, SO, DUK: 3-1 Month Momentum % Comparison

For the Utilities - Regulated Electric subindustry, National Grid'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.


National Grid 3-1 Month Momentum % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, National Grid's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where National Grid's 3-1 Month Momentum % falls into.


CHIX:NGL
75GF Score
National Grid PLC CHIX:NGL
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Grid  (CHIX:NGl) 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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -4.33% mean?
National Grid (CHIX:NGL) has a 3-1 Month Momentum % of -4.33% as of Aug. 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 National Grid and its competitors. According to the industry distribution chart, National Grid ranks #291 out of 534 companies in the Utilities - Regulated industry, placing it in the top 54.5%.
Is National Grid's 3-1 Month Momentum % too high?
National Grid's current 3-1 Month Momentum % is -4.33%. Based on the distribution chart, National Grid ranks #291 out of 534 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, National Grid has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Grid's 3-1 Month Momentum % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, National Grid ranks #291 out of 534 companies for 3-1 Month Momentum %. This places National Grid 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 National Grid and its competitors. National Grid's current 3-1 Month Momentum % is -4.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Grid stock overvalued right now?
Based on GuruFocus' analysis, National Grid (CHIX:NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is £7.48, compared to a current price of £11.91 — trading 59.2% above its estimated fair value. The current 3-1 Month Momentum % is -4.33%. National Grid's overall GF Score™ is 75/100 with 4 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 National Grid (CHIX:NGL), the current 3-1 Month Momentum % is -4.33% as of Aug. 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 National Grid (CHIX:NGL) Overvalued in 2026?

Based on GuruFocus' analysis, National Grid stock appears to be overvalued. The current stock price of £11.91 is trading 59.2% above its estimated GF Value™ of £7.48. GuruFocus considers National Grid to be Significantly Overvalued.

Key valuation signals for CHIX:NGL:

  • 3-1 Month Momentum %: -4.33%
  • GF Value™: £7.48 vs. price of £11.91 (59.2% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the CHIX:NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Grid Business Description

Address 1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission electricity networks in the United States, metering services and merchant transmission lines in the UK.
75GF Score

Get the complete analysis for CHIX:NGL

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£11.91
Price
£7.48
GF Value