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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 (2026-09-21), Canara Bank's 3-1 Month Momentum % is -4.35%.
The industry rank for Canara Bank's 3-1 Month Momentum % or its related term are showing as below:
NSE:CANBK's 3-1 Month Momentum % is ranked worse than 82.79% of 1563
companies
in the Banks industry
Industry Median: 3.9
vs NSE:CANBK: -4.35
Canara Bank (NSE:CANBK) 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.
Canara Bank 3-1 Month Momentum % Related Terms
Canara Bank 3-1 Month Momentum % Competitor Comparison
For the Banks - Regional subindustry, Canara 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.
Canara Bank 3-1 Month Momentum % vs Banks Industry
For the Banks industry and Financial Services sector, Canara Bank's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Canara Bank's 3-1 Month Momentum % falls into.
Canara Bank (NSE:CANBK) 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.
Canara Bank (NSE:CANBK) has a 3-1 Month Momentum % of -4.35% as of Sep. 21, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Canara Bank and its competitors. According to the industry distribution chart, Canara Bank ranks #1294 out of 1563 companies in the Banks industry, placing it in the top 82.8%.
Is Canara Bank's 3-1 Month Momentum % too high?
Canara Bank's current 3-1 Month Momentum % is -4.35%. Based on the distribution chart, Canara Bank ranks #1294 out of 1563 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Canara Bank has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canara Bank's 3-1 Month Momentum % compare to competitors?
According to the Banks industry distribution chart, Canara Bank ranks #1294 out of 1563 companies for 3-1 Month Momentum %. This places Canara Bank in the lower half of its industry. The industry median 3-1 Month Momentum % is 3.90. 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 3.90, based on 1,563 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 Canara Bank and its competitors. For the Banks industry, the median 3-1 Month Momentum % is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canara Bank's current 3-1 Month Momentum % is -4.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canara Bank stock overvalued right now?
Based on GuruFocus' analysis, Canara Bank (NSE:CANBK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹102.61, compared to a current price of ₹123.78 — trading 20.6% above its estimated fair value. The current 3-1 Month Momentum % is -4.35%. Canara Bank's overall GF Score™ is 68/100 with 3 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 Canara Bank (NSE:CANBK), the current 3-1 Month Momentum % is -4.35% as of Sep. 21, 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 Canara Bank (NSE:CANBK) Overvalued in 2026?
Based on GuruFocus' analysis, Canara Bank stock appears to be overvalued.
The current stock price of ₹123.78 is trading 20.6% above its estimated GF Value™ of ₹102.61.
GuruFocus considers Canara Bank to be Modestly Overvalued.
Key valuation signals for NSE:CANBK:
3-1 Month Momentum %: -4.35%
GF Value™: ₹102.61 vs. price of ₹123.78 (20.6% above fair value)
No single metric tells the full story. See the NSE:CANBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canara Bank is an India-based commercial bank. The Bank's core business activities are closely aligned with national development priorities, with focus on financing agriculture, education, housing, social infrastructure, renewable energy, microfinance and extending credit support to vulnerable sections. Its core segments are Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Business. The bank generates majority of revenue from Retail Banking include conventional deposit products such as savings, current and term deposit accounts, along with investment solutions through mutual funds and insurance offerings. The bank has presence in India and also Has international presence of which majority of revenue comes from India.
68GF Score
Get the complete analysis for NSE:CANBK
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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