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Canarys AutomationsNSE:CANARYS -0.84%21 3-1 Month Momentum % is 16.49% as of Sep. 16, 2026. GuruFocus rates NSE:CANARYS with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 2,838 Software companies, Canarys Automations ranks better than 80.27% 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 (2026-09-16), Canarys Automations's 3-1 Month Momentum % is 16.49%.
The industry rank for Canarys Automations's 3-1 Month Momentum % or its related term are showing as below:
NSE:CANARYS's 3-1 Month Momentum % is ranked better than 80.27% of 2838
companies
in the Software industry
Industry Median: 0.145
vs NSE:CANARYS: 16.49
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.
Canarys Automations 3-1 Month Momentum % Related Terms
NSE:CANARYS vs IBM, ACN, CTSH: 3-1 Month Momentum % Comparison
For the Information Technology Services subindustry, Canarys Automations'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.
Canarys Automations 3-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, Canarys Automations's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Canarys Automations'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.
Canarys Automations (NSE:CANARYS) has a 3-1 Month Momentum % of 16.49% as of Sep. 16, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Canarys Automations and its competitors. According to the industry distribution chart, Canarys Automations ranks #560 out of 2838 companies in the Software industry, placing it in the top 19.7%.
Is Canarys Automations' 3-1 Month Momentum % too high?
Canarys Automations' current 3-1 Month Momentum % is 16.49%. The Software industry median 3-1 Month Momentum % is 0.15. Canarys Automations' value of 16.49% is 11272.4% above this industry median. Based on the distribution chart, Canarys Automations ranks #560 out of 2838 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Canarys Automations has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' 3-1 Month Momentum % compare to IBM and ACN?
According to the Software industry distribution chart, Canarys Automations ranks #560 out of 2838 companies for 3-1 Month Momentum %. This places Canarys Automations in the top 20% of its industry — outperforming the majority of peers. The industry median 3-1 Month Momentum % is 0.15. Canarys Automations' value of 16.49% is 11272.4% 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 Software company?
The median 3-1 Month Momentum % among Software companies is 0.15, based on 2,838 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. Canarys Automations's current 3-1 Month Momentum % of 16.49% is 11272.4% 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 Canarys Automations and its competitors. For the Software industry, the median 3-1 Month Momentum % is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canarys Automations's current 3-1 Month Momentum % is 16.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current 3-1 Month Momentum % of 16.49%. The current 3-1 Month Momentum % is 16.49% and 11272.4% above the Software industry median of 0.15. Canarys Automations' overall GF Score™ is 21/100 with 1 warning sign 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 Canarys Automations (NSE:CANARYS), the current 3-1 Month Momentum % is 16.49% as of Sep. 16, 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.
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
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