QTRX (Quanterix) 3-1 Month Momentum %: -20.94% (As of Sep. 21, 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

QTRX Quanterix Corp QTRX
54 GF Score
Price $3.06
GF Value $7.58
Valuation Possible Value Trap
! 6 Warning Signs
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What is Quanterix 3-1 Month Momentum %?

Quanterix QTRX -1.13% 54 3-1 Month Momentum % is -20.94% as of Sep. 21, 2026. GuruFocus rates QTRX with a GF Score™ of 54/100 and a GF Value™ of $7.58 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 847 Medical Devices & Instruments companies, Quanterix ranks worse than 85.95% 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 (2026-09-21), Quanterix's 3-1 Month Momentum % is -20.94%.

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

QTRX's 3-1 Month Momentum % is ranked worse than
85.95% of 847 companies
in the Medical Devices & Instruments industry
Industry Median: 0.61 vs QTRX: -20.94

Quanterix  (NAS:QTRX) 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.


Quanterix 3-1 Month Momentum % Related Terms


QTRX vs MXCT, APYX, OWLT: 3-1 Month Momentum % Comparison

For the Medical Devices subindustry, Quanterix'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.


Quanterix 3-1 Month Momentum % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Quanterix's 3-1 Month Momentum % distribution charts can be found below:

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


QTRX
54GF Score
Quanterix Corp QTRX
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
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Quanterix  (NAS:QTRX) 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 -20.94% mean?
Quanterix (QTRX) has a 3-1 Month Momentum % of -20.94% 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 Quanterix and its competitors. According to the industry distribution chart, Quanterix ranks #728 out of 847 companies in the Medical Devices & Instruments industry, placing it in the top 86%.
Is Quanterix's 3-1 Month Momentum % too high?
Quanterix's current 3-1 Month Momentum % is -20.94%. Based on the distribution chart, Quanterix ranks #728 out of 847 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Quanterix has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Quanterix's 3-1 Month Momentum % compare to MXCT and APYX?
According to the Medical Devices & Instruments industry distribution chart, Quanterix ranks #728 out of 847 companies for 3-1 Month Momentum %. This places Quanterix in the lower half of its industry. The industry median 3-1 Month Momentum % is 0.61. 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 Medical Devices & Instruments company?
The median 3-1 Month Momentum % among Medical Devices & Instruments companies is 0.61, based on 847 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 Quanterix and its competitors. For the Medical Devices & Instruments industry, the median 3-1 Month Momentum % is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quanterix's current 3-1 Month Momentum % is -20.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quanterix stock overvalued right now?
Based on GuruFocus' analysis, Quanterix (QTRX) is currently considered Possible Value Trap. The stock's GF Value™ is $7.58, compared to a current price of $3.06 — trading 59.6% below its estimated fair value. The current 3-1 Month Momentum % is -20.94%. Quanterix's overall GF Score™ is 54/100 with 6 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 Quanterix (QTRX), the current 3-1 Month Momentum % is -20.94% 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 Quanterix (QTRX) Overvalued in 2026?

Based on GuruFocus' analysis, Quanterix stock appears to be undervalued. The current stock price of $3.06 is trading 59.6% below its estimated GF Value™ of $7.58. GuruFocus considers Quanterix to be Possible Value Trap.

Key valuation signals for QTRX:

  • 3-1 Month Momentum %: -20.94%
  • GF Value™: $7.58 vs. price of $3.06 (59.6% below fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the QTRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quanterix Business Description

Address 900 Middlesex Turnpike, Billerica, MA, USA, 01821
Quanterix Corp is a life sciences company accelerating biomarker breakthroughs from discovery to diagnostics using ultra-sensitive translational research and spatial biology instruments, consumables, and services. The company sells proprietary instruments and related consumables to research laboratories, contract research organizations (CROs), academic institutions, and bio-pharmaceutical companies, and provides contract research services and clinical laboratory testing services, including four Laboratory Developed Tests (LDTs), through its Accelerator Laboratory. Its products include Simoa, Assay Kits, LDTs & Assay Services, Simoa p-Tau 217, Simoa NfL LDT, Simoa p-Tau 181 LDT, and SP-X Imaging and Analysis System. Geographically, it operates in North America, EMEA, and the Asia Pacific.
54GF Score

Get the complete analysis for QTRX

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.06
Price
$7.58
GF Value