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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 (2026-09-09), China Bills Finance's 3-1 Month Momentum % is -3.25%.
The industry rank for China Bills Finance's 3-1 Month Momentum % or its related term are showing as below:
TPE:2820's 3-1 Month Momentum % is ranked worse than 62.03% of 819
companies
in the Capital Markets industry
Industry Median: 0.44
vs TPE:2820: -3.25
China Bills Finance (TPE:2820) 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.
China Bills Finance 3-1 Month Momentum % Related Terms
TPE:2820 vs MS, GS, SCHW: 3-1 Month Momentum % Comparison
For the Capital Markets subindustry, China Bills Finance'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.
China Bills Finance 3-1 Month Momentum % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, China Bills Finance's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where China Bills Finance's 3-1 Month Momentum % falls into.
China Bills Finance (TPE:2820) 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.
China Bills Finance (TPE:2820) has a 3-1 Month Momentum % of -3.25% as of Sep. 09, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on China Bills Finance and its competitors. According to the industry distribution chart, China Bills Finance ranks #508 out of 819 companies in the Capital Markets industry, placing it in the top 62%.
Is China Bills Finance's 3-1 Month Momentum % too high?
China Bills Finance's current 3-1 Month Momentum % is -3.25%. Based on the distribution chart, China Bills Finance ranks #508 out of 819 companies in the Capital Markets industry, which is below the industry midpoint. Overall, China Bills Finance has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Bills Finance's 3-1 Month Momentum % compare to MS and GS?
According to the Capital Markets industry distribution chart, China Bills Finance ranks #508 out of 819 companies for 3-1 Month Momentum %. This places China Bills Finance in the lower half of its industry. The industry median 3-1 Month Momentum % is 0.44. 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 Capital Markets company?
The median 3-1 Month Momentum % among Capital Markets companies is 0.44, based on 819 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 China Bills Finance and its competitors. For the Capital Markets industry, the median 3-1 Month Momentum % is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Bills Finance's current 3-1 Month Momentum % is -3.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Bills Finance stock overvalued right now?
Based on GuruFocus' analysis, China Bills Finance (TPE:2820) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$27.08, compared to a current price of NT$17.00 — trading 37.2% below its estimated fair value. The current 3-1 Month Momentum % is -3.25%. China Bills Finance's overall GF Score™ is 74/100 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 China Bills Finance (TPE:2820), the current 3-1 Month Momentum % is -3.25% as of Sep. 09, 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 China Bills Finance (TPE:2820) Overvalued in 2026?
Based on GuruFocus' analysis, China Bills Finance stock appears to be undervalued.
The current stock price of NT$17.00 is trading 37.2% below its estimated GF Value™ of NT$27.08.
GuruFocus considers China Bills Finance to be Significantly Undervalued.
Key valuation signals for TPE:2820:
3-1 Month Momentum %: -3.25%
GF Value™: NT$27.08 vs. price of NT$17.00 (37.2% below fair value)
No single metric tells the full story. See the TPE:2820 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Bills Finance Corp focuses on corporate financing and fixed-income commodities. The company's business activities consist of certifying and underwriting of short-term bills and bank debentures; brokering or undertaking proprietary trading of short-term bills, bank debentures, government and corporate bonds, and foreign bonds; guaranteeing short-term bills; providing financial consulting services to enterprises; processing interbank call loans; equity investments; fixed-income security trading; (h) foreign-currency bills investment; and doing other businesses as authorized by relevant authorities. Its business is concentrated in Taiwan.
74GF Score
Get the complete analysis for TPE:2820
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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