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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 (2026-08-06), Confidence Petroleum India's 3-1 Month Momentum % is 33.64%.
The industry rank for Confidence Petroleum India's 3-1 Month Momentum % or its related term are showing as below:
NSE:CONFIPET's 3-1 Month Momentum % is ranked better than 96.67% of 1021
companies
in the Oil & Gas industry
Industry Median: -10.9
vs NSE:CONFIPET: 33.64
Confidence Petroleum India (NSE:CONFIPET) 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.
Confidence Petroleum India 3-1 Month Momentum % Related Terms
NSE:CONFIPET vs MPC, VLO, PSX: 3-1 Month Momentum % Comparison
For the Oil & Gas Refining & Marketing subindustry, Confidence Petroleum India'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.
Confidence Petroleum India 3-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Confidence Petroleum India's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Confidence Petroleum India's 3-1 Month Momentum % falls into.
Confidence Petroleum India (NSE:CONFIPET) 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.
Confidence Petroleum India (NSE:CONFIPET) has a 3-1 Month Momentum % of 33.64% as of Aug. 06, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Confidence Petroleum India and its competitors. According to the industry distribution chart, Confidence Petroleum India ranks #34 out of 1021 companies in the Oil & Gas industry, placing it in the top 3.3%.
Is Confidence Petroleum India's 3-1 Month Momentum % too high?
Confidence Petroleum India's current 3-1 Month Momentum % is 33.64%. Based on the distribution chart, Confidence Petroleum India ranks #34 out of 1021 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Confidence Petroleum India has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Confidence Petroleum India's 3-1 Month Momentum % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Confidence Petroleum India ranks #34 out of 1021 companies for 3-1 Month Momentum %. This places Confidence Petroleum India in the top 3% 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 Confidence Petroleum India and its competitors. Confidence Petroleum India's current 3-1 Month Momentum % is 33.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Petroleum India stock overvalued right now?
Based on GuruFocus' analysis, Confidence Petroleum India (NSE:CONFIPET) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹128.75, compared to a current price of ₹81.80 — trading 36.5% below its estimated fair value. The current 3-1 Month Momentum % is 33.64%. Confidence Petroleum India's overall GF Score™ is 89/100 with 8 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 Confidence Petroleum India (NSE:CONFIPET), the current 3-1 Month Momentum % is 33.64% as of Aug. 06, 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 Confidence Petroleum India (NSE:CONFIPET) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Petroleum India stock appears to be undervalued.
The current stock price of ₹81.80 is trading 36.5% below its estimated GF Value™ of ₹128.75.
GuruFocus considers Confidence Petroleum India to be Significantly Undervalued.
Key valuation signals for NSE:CONFIPET:
3-1 Month Momentum %: 33.64%
GF Value™: ₹128.75 vs. price of ₹81.80 (36.5% below fair value)
No single metric tells the full story. See the NSE:CONFIPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Petroleum India Ltd is an Indian manufacturer of LPG (liquefied petroleum gas) Cylinders. The company provides CNG (Compressed Natural Gas) and high-pressure cylinders, LPG cylinders, LPG bottling services, and others. Its segments are the Cylinder Division and LPG Division, of which key revenue is derived from the LPG Division which involves LPG marketing and bottling business and other related activities.
89GF Score
Get the complete analysis for NSE:CONFIPET
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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