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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 (2026-09-14), Icelandair Group hf's 3-1 Month Momentum % is 5.65%.
The industry rank for Icelandair Group hf's 3-1 Month Momentum % or its related term are showing as below:
OISE:ICEAIR's 3-1 Month Momentum % is ranked better than 75.68% of 1061
companies
in the Transportation industry
Industry Median: 1.57
vs OISE:ICEAIR: 5.65
Icelandair Group hf (OISE:ICEAIR) 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.
Icelandair Group hf 3-1 Month Momentum % Related Terms
OISE:ICEAIR vs DAL, UAL, LUV: 3-1 Month Momentum % Comparison
For the Airlines subindustry, Icelandair Group hf'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.
Icelandair Group hf 3-1 Month Momentum % vs Transportation Industry
For the Transportation industry and Industrials sector, Icelandair Group hf's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Icelandair Group hf's 3-1 Month Momentum % falls into.
Icelandair Group hf (OISE:ICEAIR) 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.
Icelandair Group hf (OISE:ICEAIR) has a 3-1 Month Momentum % of 5.65% as of Sep. 14, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Icelandair Group hf and its competitors. According to the industry distribution chart, Icelandair Group hf ranks #258 out of 1061 companies in the Transportation industry, placing it in the top 24.3%.
Is Icelandair Group hf's 3-1 Month Momentum % too high?
Icelandair Group hf's current 3-1 Month Momentum % is 5.65%. The Transportation industry median 3-1 Month Momentum % is 1.57. Icelandair Group hf's value of 5.65% is 259.9% above this industry median. Based on the distribution chart, Icelandair Group hf ranks #258 out of 1061 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Icelandair Group hf has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's 3-1 Month Momentum % compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #258 out of 1061 companies for 3-1 Month Momentum %. This places Icelandair Group hf in the top 24% of its industry — outperforming the majority of peers. The industry median 3-1 Month Momentum % is 1.57. Icelandair Group hf's value of 5.65% is 259.9% 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 Transportation company?
The median 3-1 Month Momentum % among Transportation companies is 1.57, based on 1,061 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. Icelandair Group hf's current 3-1 Month Momentum % of 5.65% is 259.9% 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 Icelandair Group hf and its competitors. For the Transportation industry, the median 3-1 Month Momentum % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current 3-1 Month Momentum % is 5.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.33, compared to a current price of kr0.64 — trading 51.7% below its estimated fair value. The current 3-1 Month Momentum % is 5.65% and 259.9% above the Transportation industry median of 1.57. Icelandair Group hf's overall GF Score™ is 55/100 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 Icelandair Group hf (OISE:ICEAIR), the current 3-1 Month Momentum % is 5.65% as of Sep. 14, 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.64 is trading 51.7% below its estimated GF Value™ of kr1.33.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
3-1 Month Momentum %: 5.65%
GF Value™: kr1.33 vs. price of kr0.64 (51.7% below fair value)
Industry Position: 259.9% above the Transportation median (#258 of 1061)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
55GF Score
Get the complete analysis for OISE:ICEAIR
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