OVATF (Ovation Science) 3-1 Month Momentum %: -53.95% (As of Jul. 17, 2026)

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What is Ovation Science 3-1 Month Momentum %?

Ovation Science OVATF 3-1 Month Momentum % is -53.95% as of Jul. 17, 2026. The stock has 4 warning signs investors should review. Among 1,022 Drug Manufacturers companies, Ovation Science ranks worse than 95.89% 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 (2026-07-17), Ovation Science's 3-1 Month Momentum % is -53.95%.

The industry rank for Ovation Science's 3-1 Month Momentum % or its related term are showing as below:

OVATF's 3-1 Month Momentum % is ranked worse than
95.89% of 1022 companies
in the Drug Manufacturers industry
Industry Median: -9.1 vs OVATF: -53.95

Ovation Science  (OTCPK:OVATF) 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.

Ovation Science 3-1 Month Momentum % Related Terms

OVATF vs ZTS, UTHR: 3-1 Month Momentum % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ovation Science'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.

Ovation Science 3-1 Month Momentum % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ovation Science's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ovation Science's 3-1 Month Momentum % falls into.


Ovation Science  (OTCPK:OVATF) 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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -53.95% mean?
Ovation Science (OVATF) has a 3-1 Month Momentum % of -53.95% as of Jul. 17, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Ovation Science and its competitors. According to the industry distribution chart, Ovation Science ranks #980 out of 1022 companies in the Drug Manufacturers industry, placing it in the top 95.9%.
Is Ovation Science's 3-1 Month Momentum % too high?
Ovation Science's current 3-1 Month Momentum % is -53.95%. Based on the distribution chart, Ovation Science ranks #980 out of 1022 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Ovation Science's 3-1 Month Momentum % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Ovation Science ranks #980 out of 1022 companies for 3-1 Month Momentum %. This places Ovation Science in the lower 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 Drug Manufacturers company?
A good 3-1 Month Momentum % depends on the Drug Manufacturers 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 Ovation Science and its competitors. Ovation Science's current 3-1 Month Momentum % is -53.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovation Science stock overvalued right now?
Ovation Science (OVATF) has a current 3-1 Month Momentum % of -53.95%. The stock's GF Value™ is $0.04, compared to a current price of $0.04 — trading 12.5% below its estimated fair value. The current 3-1 Month Momentum % is -53.95%. 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 Ovation Science (OVATF), the current 3-1 Month Momentum % is -53.95% as of Jul. 17, 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.

Ovation Science Business Description

Other Exchanges OVAT:Canada
Address 1166 Alberni Street, Suite 1003, Vancouver, BC, CAN, V6E 3Z3
Ovation Science Inc. is a Canada-based company mainly engaged in the business of providing topical and transdermal cannabis products under the Ovation brand label, utilizing patented Invisicare delivery technology. The Company operates in one reportable operating segment, the sub-licensing and sales of cannabis products that utilize Invisicare, a patented polymer-based technology for topical and transdermal skin care products.