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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 (2026-08-08), Svenska Handelsbanken AB's 3-1 Month Momentum % is 9.26%.
The industry rank for Svenska Handelsbanken AB's 3-1 Month Momentum % or its related term are showing as below:
CHIX:SHBAs's 3-1 Month Momentum % is ranked better than 78.33% of 1569
companies
in the Banks industry
Industry Median: 3.31
vs CHIX:SHBAs: 9.26
Svenska Handelsbanken AB (CHIX:SHBAs) 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.
Svenska Handelsbanken AB 3-1 Month Momentum % Related Terms
CHIX:SHBAS vs JPM, BAC, WFC: 3-1 Month Momentum % Comparison
For the Banks - Diversified subindustry, Svenska Handelsbanken AB'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.
Svenska Handelsbanken AB 3-1 Month Momentum % vs Banks Industry
For the Banks industry and Financial Services sector, Svenska Handelsbanken AB's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Svenska Handelsbanken AB's 3-1 Month Momentum % falls into.
Svenska Handelsbanken AB (CHIX:SHBAs) 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.
Svenska Handelsbanken AB (CHIX:SHBAS) has a 3-1 Month Momentum % of 9.26% as of Aug. 08, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Svenska Handelsbanken AB and its competitors. According to the industry distribution chart, Svenska Handelsbanken AB ranks #340 out of 1569 companies in the Banks industry, placing it in the top 21.7%.
Is Svenska Handelsbanken AB's 3-1 Month Momentum % too high?
Svenska Handelsbanken AB's current 3-1 Month Momentum % is 9.26%. The Banks industry median 3-1 Month Momentum % is 3.31. Svenska Handelsbanken AB's value of 9.26% is 179.8% above this industry median. Based on the distribution chart, Svenska Handelsbanken AB ranks #340 out of 1569 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Svenska Handelsbanken AB has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Svenska Handelsbanken AB's 3-1 Month Momentum % compare to JPM and BAC?
According to the Banks industry distribution chart, Svenska Handelsbanken AB ranks #340 out of 1569 companies for 3-1 Month Momentum %. This places Svenska Handelsbanken AB in the top 22% of its industry — outperforming the majority of peers. The industry median 3-1 Month Momentum % is 3.31. Svenska Handelsbanken AB's value of 9.26% is 179.8% above this benchmark. 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 Banks company?
The median 3-1 Month Momentum % among Banks companies is 3.31, based on 1,569 companies in the industry. Companies in the top quartile (top 25%) have a 3-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Svenska Handelsbanken AB's current 3-1 Month Momentum % of 9.26% is 179.8% above the industry median. 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 Svenska Handelsbanken AB and its competitors. For the Banks industry, the median 3-1 Month Momentum % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Svenska Handelsbanken AB's current 3-1 Month Momentum % is 9.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Svenska Handelsbanken AB stock overvalued right now?
Based on GuruFocus' analysis, Svenska Handelsbanken AB (CHIX:SHBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr110.66, compared to a current price of kr147.53 — trading 33.3% above its estimated fair value. The current 3-1 Month Momentum % is 9.26% and 179.8% above the Banks industry median of 3.31. Svenska Handelsbanken AB's overall GF Score™ is 66/100 with 7 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 Svenska Handelsbanken AB (CHIX:SHBAS), the current 3-1 Month Momentum % is 9.26% as of Aug. 08, 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 Svenska Handelsbanken AB (CHIX:SHBAS) Overvalued in 2026?
Based on GuruFocus' analysis, Svenska Handelsbanken AB stock appears to be overvalued.
The current stock price of kr147.53 is trading 33.3% above its estimated GF Value™ of kr110.66.
GuruFocus considers Svenska Handelsbanken AB to be Significantly Overvalued.
Key valuation signals for CHIX:SHBAS:
3-1 Month Momentum %: 9.26%
GF Value™: kr110.66 vs. price of kr147.53 (33.3% above fair value)
Industry Position: 179.8% above the Banks median (#340 of 1569)
No single metric tells the full story. See the CHIX:SHBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the UK and the Netherlands. Handelsbanken generates about three-fourths of its income from its interest-spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.
66GF Score
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