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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 (2026-08-17), Norbit ASA's 3-1 Month Momentum % is -18.22%.
The industry rank for Norbit ASA's 3-1 Month Momentum % or its related term are showing as below:
CHIX:NORBTo's 3-1 Month Momentum % is ranked worse than 65.45% of 2486
companies
in the Hardware industry
Industry Median: -7.85
vs CHIX:NORBTo: -18.22
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.
Norbit ASA 3-1 Month Momentum % Related Terms
CHIX:NORBTO vs COHR, KEYS, GRMN: 3-1 Month Momentum % Comparison
For the Scientific & Technical Instruments subindustry, Norbit ASA'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.
Norbit ASA 3-1 Month Momentum % vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Norbit ASA'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.
Norbit ASA (CHIX:NORBTO) has a 3-1 Month Momentum % of -18.22% as of Aug. 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 Norbit ASA and its competitors. According to the industry distribution chart, Norbit ASA ranks #1627 out of 2486 companies in the Hardware industry, placing it in the top 65.4%.
Is Norbit ASA's 3-1 Month Momentum % too high?
Norbit ASA's current 3-1 Month Momentum % is -18.22%. Based on the distribution chart, Norbit ASA ranks #1627 out of 2486 companies in the Hardware industry, which is below the industry midpoint. Overall, Norbit ASA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's 3-1 Month Momentum % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #1627 out of 2486 companies for 3-1 Month Momentum %. This places Norbit ASA 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 a Hardware company?
A good 3-1 Month Momentum % depends on the Hardware 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 Norbit ASA and its competitors. Norbit ASA's current 3-1 Month Momentum % is -18.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (CHIX:NORBTO) is currently considered Fairly Valued. The stock's GF Value™ is kr176.53, compared to a current price of kr175.25 — trading 0.7% below its estimated fair value. The current 3-1 Month Momentum % is -18.22%. Norbit ASA's overall GF Score™ is 76/100 with 2 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 Norbit ASA (CHIX:NORBTO), the current 3-1 Month Momentum % is -18.22% as of Aug. 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 Norbit ASA (CHIX:NORBTO) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be undervalued.
The current stock price of kr175.25 is trading 0.7% below its estimated GF Value™ of kr176.53.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for CHIX:NORBTO:
3-1 Month Momentum %: -18.22%
GF Value™: kr176.53 vs. price of kr175.25 (0.7% below fair value)
No single metric tells the full story. See the CHIX:NORBTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
76GF Score
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3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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