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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 (2026-09-07), National Refinery's 3-1 Month Momentum % is 19.84%.
The industry rank for National Refinery's 3-1 Month Momentum % or its related term are showing as below:
KAR:NRL's 3-1 Month Momentum % is ranked better than 92.09% of 1011
companies
in the Oil & Gas industry
Industry Median: -4.04
vs KAR:NRL: 19.84
National Refinery (KAR:NRL) 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 Refinery 3-1 Month Momentum % Related Terms
KAR:NRL vs MPC, VLO, PSX: 3-1 Month Momentum % Comparison
For the Oil & Gas Refining & Marketing subindustry, National Refinery'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 Refinery 3-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Refinery's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where National Refinery's 3-1 Month Momentum % falls into.
National Refinery (KAR:NRL) 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.
National Refinery (KAR:NRL) has a 3-1 Month Momentum % of 19.84% as of Sep. 07, 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 Refinery and its competitors. According to the industry distribution chart, National Refinery ranks #80 out of 1011 companies in the Oil & Gas industry, placing it in the top 7.9%.
Is National Refinery's 3-1 Month Momentum % too high?
National Refinery's current 3-1 Month Momentum % is 19.84%. Based on the distribution chart, National Refinery ranks #80 out of 1011 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, National Refinery has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Refinery's 3-1 Month Momentum % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, National Refinery ranks #80 out of 1011 companies for 3-1 Month Momentum %. This places National Refinery in the top 8% 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 an Oil & Gas company?
A good 3-1 Month Momentum % depends on the Oil & Gas 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 Refinery and its competitors. National Refinery's current 3-1 Month Momentum % is 19.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Refinery stock overvalued right now?
Based on GuruFocus' analysis, National Refinery (KAR:NRL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨335.23, compared to a current price of ₨487.69 — trading 45.5% above its estimated fair value. The current 3-1 Month Momentum % is 19.84%. National Refinery's overall GF Score™ is 66/100 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 National Refinery (KAR:NRL), the current 3-1 Month Momentum % is 19.84% as of Sep. 07, 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 Refinery (KAR:NRL) Overvalued in 2026?
Based on GuruFocus' analysis, National Refinery stock appears to be overvalued.
The current stock price of ₨487.69 is trading 45.5% above its estimated GF Value™ of ₨335.23.
GuruFocus considers National Refinery to be Significantly Overvalued.
Key valuation signals for KAR:NRL:
3-1 Month Momentum %: 19.84%
GF Value™: ₨335.23 vs. price of ₨487.69 (45.5% above fair value)
No single metric tells the full story. See the KAR:NRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Refinery Ltd is a Pakistan-based company engaged in manufacturing and supplying fuel products, lubes, BTX, asphalts and specialty products for domestic consumption and export. It is also involved in the crude oil refining business. The company operates through two segments namely Fuel and Lube. The Fuel segment, which is the key revenue driver, is engaged in the production of high-speed diesel, naphtha, motor gasoline, liquefied petroleum gas, jet fuels, and furnace oil. The Lube segment produces multiple grades of lube base oils, bitumen, waxes and rubber process oil and some quantities of other fuel products. It derives maximum revenue from Fuel Segment.
66GF Score
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