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Wema BankNSA:WEMA -0.67%64 3-1 Month Momentum % is -10.00% as of Aug. 15, 2026. GuruFocus rates NSA:WEMA with a GF Score™ of 64/100 and a GF Value™ of ₦13.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,578 Banks companies, Wema Bank ranks worse than 95.18% 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 (2026-08-15), Wema Bank's 3-1 Month Momentum % is -10.00%.
The industry rank for Wema Bank's 3-1 Month Momentum % or its related term are showing as below:
NSA:WEMA's 3-1 Month Momentum % is ranked worse than 95.18% of 1578
companies
in the Banks industry
Industry Median: 4.58
vs NSA:WEMA: -10.00
Wema Bank (NSA:WEMA) 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.
Wema Bank 3-1 Month Momentum % Related Terms
Wema Bank 3-1 Month Momentum % Competitor Comparison
For the Banks - Regional subindustry, Wema Bank'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.
Wema Bank 3-1 Month Momentum % vs Banks Industry
For the Banks industry and Financial Services sector, Wema Bank's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Wema Bank's 3-1 Month Momentum % falls into.
Wema Bank (NSA:WEMA) 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.
Wema Bank (NSA:WEMA) has a 3-1 Month Momentum % of -10.00% as of Aug. 15, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Wema Bank and its competitors. According to the industry distribution chart, Wema Bank ranks #1502 out of 1578 companies in the Banks industry, placing it in the top 95.2%.
Is Wema Bank's 3-1 Month Momentum % too high?
Wema Bank's current 3-1 Month Momentum % is -10.00%. Based on the distribution chart, Wema Bank ranks #1502 out of 1578 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Wema Bank has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wema Bank's 3-1 Month Momentum % compare to competitors?
According to the Banks industry distribution chart, Wema Bank ranks #1502 out of 1578 companies for 3-1 Month Momentum %. This places Wema Bank in the lower half of its industry. The industry median 3-1 Month Momentum % is 4.58. 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 4.58, based on 1,578 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. 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 Wema Bank and its competitors. For the Banks industry, the median 3-1 Month Momentum % is 4.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wema Bank's current 3-1 Month Momentum % is -10.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wema Bank stock overvalued right now?
Based on GuruFocus' analysis, Wema Bank (NSA:WEMA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦13.29, compared to a current price of ₦29.60 — trading 122.7% above its estimated fair value. The current 3-1 Month Momentum % is -10.00%. Wema Bank's overall GF Score™ is 64/100 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 Wema Bank (NSA:WEMA), the current 3-1 Month Momentum % is -10.00% as of Aug. 15, 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 Wema Bank (NSA:WEMA) Overvalued in 2026?
Based on GuruFocus' analysis, Wema Bank stock appears to be overvalued.
The current stock price of ₦29.60 is trading 122.7% above its estimated GF Value™ of ₦13.29.
GuruFocus considers Wema Bank to be Significantly Overvalued.
Key valuation signals for NSA:WEMA:
3-1 Month Momentum %: -10.00%
GF Value™: ₦13.29 vs. price of ₦29.60 (122.7% above fair value)
No single metric tells the full story. See the NSA:WEMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wema Bank PLC is a commercial bank. The company offers retail banking, SME banking, corporate banking, treasury, trade services and financial advisory to its customers. Its services include granting of loans and advances, corporate finance and money market activities. The bank operates in four geographical regions: South-west, South-South, Abuja, and Lagos zones. Wema derives the majority of its revenues from Lagos.
64GF 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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