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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 (2026-09-17), Ningbo Energy Group Co's 3-1 Month Momentum % is -13.76%.
The industry rank for Ningbo Energy Group Co's 3-1 Month Momentum % or its related term are showing as below:
SHSE:600982's 3-1 Month Momentum % is ranked worse than 87.15% of 529
companies
in the Utilities - Regulated industry
Industry Median: -2.21
vs SHSE:600982: -13.76
Ningbo Energy Group Co (SHSE:600982) 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.
Ningbo Energy Group Co 3-1 Month Momentum % Related Terms
SHSE:600982 vs NEE, SO, DUK: 3-1 Month Momentum % Comparison
For the Utilities - Regulated Electric subindustry, Ningbo Energy Group Co'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.
Ningbo Energy Group Co 3-1 Month Momentum % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ningbo Energy Group Co's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Ningbo Energy Group Co's 3-1 Month Momentum % falls into.
Ningbo Energy Group Co (SHSE:600982) 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.
Ningbo Energy Group Co (SHSE:600982) has a 3-1 Month Momentum % of -13.76% as of Sep. 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 Ningbo Energy Group Co and its competitors. According to the industry distribution chart, Ningbo Energy Group Co ranks #461 out of 529 companies in the Utilities - Regulated industry, placing it in the top 87.1%.
Is Ningbo Energy Group Co's 3-1 Month Momentum % too high?
Ningbo Energy Group Co's current 3-1 Month Momentum % is -13.76%. Based on the distribution chart, Ningbo Energy Group Co ranks #461 out of 529 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Ningbo Energy Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Energy Group Co's 3-1 Month Momentum % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ningbo Energy Group Co ranks #461 out of 529 companies for 3-1 Month Momentum %. This places Ningbo Energy Group Co 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 an Utilities - Regulated company?
A good 3-1 Month Momentum % depends on the Utilities - Regulated 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 Ningbo Energy Group Co and its competitors. Ningbo Energy Group Co's current 3-1 Month Momentum % is -13.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Energy Group Co (SHSE:600982) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.90, compared to a current price of ¥5.10 — trading 30.8% above its estimated fair value. The current 3-1 Month Momentum % is -13.76%. Ningbo Energy Group Co's overall GF Score™ is 55/100 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 Ningbo Energy Group Co (SHSE:600982), the current 3-1 Month Momentum % is -13.76% as of Sep. 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.
Is Ningbo Energy Group Co (SHSE:600982) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Energy Group Co stock appears to be overvalued.
The current stock price of ¥5.10 is trading 30.8% above its estimated GF Value™ of ¥3.90.
GuruFocus considers Ningbo Energy Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:600982:
3-1 Month Momentum %: -13.76%
GF Value™: ¥3.90 vs. price of ¥5.10 (30.8% above fair value)
No single metric tells the full story. See the SHSE:600982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.
55GF Score
Get the complete analysis for SHSE:600982
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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