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Novartis AGFRA:NOT -0.32%80 3-1 Month Momentum % is 9.46% as of Aug. 03, 2026. GuruFocus rates FRA:NOT with a GF Score™ of 80/100 and a GF Value™ of €113.27 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,030 Drug Manufacturers companies, Novartis AG ranks better than 80% 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), Novartis AG's 3-1 Month Momentum % is 9.46%.
The industry rank for Novartis AG's 3-1 Month Momentum % or its related term are showing as below:
FRA:NOT's 3-1 Month Momentum % is ranked better than 80% of 1030
companies
in the Drug Manufacturers industry
Industry Median: -8.59
vs FRA:NOT: 9.46
Novartis AG (FRA:NOT) 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.
Novartis AG 3-1 Month Momentum % Related Terms
FRA:NOT vs LLY, JNJ, ABBV: 3-1 Month Momentum % Comparison
For the Drug Manufacturers - General subindustry, Novartis AG'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.
Novartis AG 3-1 Month Momentum % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Novartis AG's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Novartis AG's 3-1 Month Momentum % falls into.
Novartis AG (FRA:NOT) 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.
Novartis AG (FRA:NOT) has a 3-1 Month Momentum % of 9.46% 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 Novartis AG and its competitors. According to the industry distribution chart, Novartis AG ranks #206 out of 1030 companies in the Drug Manufacturers industry, placing it in the top 20%.
Is Novartis AG's 3-1 Month Momentum % too high?
Novartis AG's current 3-1 Month Momentum % is 9.46%. Based on the distribution chart, Novartis AG ranks #206 out of 1030 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Novartis AG has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novartis AG's 3-1 Month Momentum % compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Novartis AG ranks #206 out of 1030 companies for 3-1 Month Momentum %. This places Novartis AG in the top 20% 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 Drug Manufacturers company?
A good 3-1 Month Momentum % depends on the Drug Manufacturers 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 Novartis AG and its competitors. Novartis AG's current 3-1 Month Momentum % is 9.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novartis AG stock overvalued right now?
Based on GuruFocus' analysis, Novartis AG (FRA:NOT) is currently considered Modestly Overvalued. The stock's GF Value™ is €113.27, compared to a current price of €136.00 — trading 20.1% above its estimated fair value. The current 3-1 Month Momentum % is 9.46%. Novartis AG's overall GF Score™ is 80/100 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 Novartis AG (FRA:NOT), the current 3-1 Month Momentum % is 9.46% 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 Novartis AG (FRA:NOT) Overvalued in 2026?
Based on GuruFocus' analysis, Novartis AG stock appears to be overvalued.
The current stock price of €136.00 is trading 20.1% above its estimated GF Value™ of €113.27.
GuruFocus considers Novartis AG to be Modestly Overvalued.
Key valuation signals for FRA:NOT:
3-1 Month Momentum %: 9.46%
GF Value™: €113.27 vs. price of €136.00 (20.1% above fair value)
No single metric tells the full story. See the FRA:NOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novartis develops and manufactures innovative drugs. Key areas of drug development are oncology, immunology, neuroscience, respiratory, and cardiovascular, renal, and metabolic. It also has an established medicines business, which includes off-patent franchises. The company sells its products globally, with the United States constituting close to one-third of total revenue.
80GF Score
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