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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 (2026-08-03), Norwegian Air Shuttle ASA's 3-1 Month Momentum % is 1.69%.
The industry rank for Norwegian Air Shuttle ASA's 3-1 Month Momentum % or its related term are showing as below:
OSL:NAS's 3-1 Month Momentum % is ranked better than 66.26% of 1055
companies
in the Transportation industry
Industry Median: -3.67
vs OSL:NAS: 1.69
Norwegian Air Shuttle ASA (OSL:NAS) 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.
Norwegian Air Shuttle ASA 3-1 Month Momentum % Related Terms
OSL:NAS vs DAL, UAL, LUV: 3-1 Month Momentum % Comparison
For the Airlines subindustry, Norwegian Air Shuttle ASA'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.
Norwegian Air Shuttle ASA 3-1 Month Momentum % vs Transportation Industry
For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Norwegian Air Shuttle ASA's 3-1 Month Momentum % falls into.
Norwegian Air Shuttle ASA (OSL:NAS) 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.
Norwegian Air Shuttle ASA (OSL:NAS) has a 3-1 Month Momentum % of 1.69% as of Aug. 03, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Norwegian Air Shuttle ASA and its competitors. According to the industry distribution chart, Norwegian Air Shuttle ASA ranks #356 out of 1055 companies in the Transportation industry, placing it in the top 33.7%.
Is Norwegian Air Shuttle ASA's 3-1 Month Momentum % too high?
Norwegian Air Shuttle ASA's current 3-1 Month Momentum % is 1.69%. Based on the distribution chart, Norwegian Air Shuttle ASA ranks #356 out of 1055 companies in the Transportation industry, which is above the industry midpoint. Overall, Norwegian Air Shuttle ASA has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Air Shuttle ASA's 3-1 Month Momentum % compare to DAL and UAL?
According to the Transportation industry distribution chart, Norwegian Air Shuttle ASA ranks #356 out of 1055 companies for 3-1 Month Momentum %. This puts Norwegian Air Shuttle ASA in the upper half of its industry. 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?
A good 3-1 Month Momentum % depends on the Transportation 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 Norwegian Air Shuttle ASA and its competitors. Norwegian Air Shuttle ASA's current 3-1 Month Momentum % is 1.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Air Shuttle ASA stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA (OSL:NAS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.77, compared to a current price of kr13.03 — trading 17.4% below its estimated fair value. The current 3-1 Month Momentum % is 1.69%. Norwegian Air Shuttle ASA's overall GF Score™ is 71/100 with 5 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 Norwegian Air Shuttle ASA (OSL:NAS), the current 3-1 Month Momentum % is 1.69% as of Aug. 03, 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 Norwegian Air Shuttle ASA (OSL:NAS) Overvalued in 2026?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be undervalued.
The current stock price of kr13.03 is trading 17.4% below its estimated GF Value™ of kr15.77.
GuruFocus considers Norwegian Air Shuttle ASA to be Modestly Undervalued.
Key valuation signals for OSL:NAS:
3-1 Month Momentum %: 1.69%
GF Value™: kr15.77 vs. price of kr13.03 (17.4% below fair value)
No single metric tells the full story. See the OSL:NAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Operations, Wideroe and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.
71GF Score
Get the complete analysis for OSL:NAS
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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