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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 (2026-09-07), Union Bank of Taiwan's 3-1 Month Momentum % is 1.33%.
The industry rank for Union Bank of Taiwan's 3-1 Month Momentum % or its related term are showing as below:
TPE:2838's 3-1 Month Momentum % is ranked worse than 66.79% of 1578
companies
in the Banks industry
Industry Median: 5.965
vs TPE:2838: 1.33
Union Bank of Taiwan (TPE:2838) 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.
Union Bank of Taiwan 3-1 Month Momentum % Related Terms
Union Bank of Taiwan 3-1 Month Momentum % Competitor Comparison
For the Banks - Regional subindustry, Union Bank of Taiwan'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.
Union Bank of Taiwan 3-1 Month Momentum % vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank of Taiwan's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Union Bank of Taiwan's 3-1 Month Momentum % falls into.
Union Bank of Taiwan (TPE:2838) 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.
Union Bank of Taiwan (TPE:2838) has a 3-1 Month Momentum % of 1.33% as of Sep. 07, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Union Bank of Taiwan and its competitors. According to the industry distribution chart, Union Bank of Taiwan ranks #1054 out of 1578 companies in the Banks industry, placing it in the top 66.8%.
Is Union Bank of Taiwan's 3-1 Month Momentum % too high?
Union Bank of Taiwan's current 3-1 Month Momentum % is 1.33%. The Banks industry median 3-1 Month Momentum % is 5.97. Union Bank of Taiwan's value of 1.33% is 77.7% below this industry median. Based on the distribution chart, Union Bank of Taiwan ranks #1054 out of 1578 companies in the Banks industry, which is below the industry midpoint. Overall, Union Bank of Taiwan has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's 3-1 Month Momentum % compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #1054 out of 1578 companies for 3-1 Month Momentum %. This places Union Bank of Taiwan in the lower half of its industry. The industry median 3-1 Month Momentum % is 5.97. Union Bank of Taiwan's value of 1.33% is 77.7% below this benchmark. 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 Banks company?
The median 3-1 Month Momentum % among Banks companies is 5.97, based on 1,578 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. Union Bank of Taiwan's current 3-1 Month Momentum % of 1.33% is 77.7% below the industry median. 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 Union Bank of Taiwan and its competitors. For the Banks industry, the median 3-1 Month Momentum % is 5.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current 3-1 Month Momentum % is 1.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Bank of Taiwan stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of Taiwan (TPE:2838) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.85, compared to a current price of NT$20.95 — trading 32.2% above its estimated fair value. The current 3-1 Month Momentum % is 1.33% and 77.7% below the Banks industry median of 5.97. Union Bank of Taiwan's overall GF Score™ is 82/100 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 Union Bank of Taiwan (TPE:2838), the current 3-1 Month Momentum % is 1.33% as of Sep. 07, 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 Union Bank of Taiwan (TPE:2838) Overvalued in 2026?
Based on GuruFocus' analysis, Union Bank of Taiwan stock appears to be overvalued.
The current stock price of NT$20.95 is trading 32.2% above its estimated GF Value™ of NT$15.85.
GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.
Key valuation signals for TPE:2838:
3-1 Month Momentum %: 1.33%
GF Value™: NT$15.85 vs. price of NT$20.95 (32.2% above fair value)
Industry Position: 77.7% below the Banks median (#1054 of 1578)
No single metric tells the full story. See the TPE:2838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Bank of Taiwan mainly engaged in activities allowed under the Banking Law, which cover deposits, loans, discounts, remittances, acceptances, issuance of guarantees and letters of credit, short-term bills transactions, investments, foreign exchange transactions, savings, trust, etc. The company's reportable segments are Corporate banking unit consist Corporate banking, foreign exchange business, debt management and public treasury business; Consumer banking unit consider financial management and loan business, credit card business and car-loan business; Wealth management and trust unit; Investing unit; and Leasing unit. The majority of revenue comes from Consumer banking. The Company's operations are mainly in Taiwan.
82GF Score
Get the complete analysis for TPE:2838
3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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