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Air CanadaTSX:AC +3.43%83 3-1 Month Momentum % is 32.65% as of Jul. 30, 2026. GuruFocus rates TSX:AC with a GF Score™ of 83/100 and a GF Value™ of C$24.45 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,054 Transportation companies, Air Canada ranks better than 95.83% 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 (2026-07-30), Air Canada's 3-1 Month Momentum % is 32.65%.
The industry rank for Air Canada's 3-1 Month Momentum % or its related term are showing as below:
TSX:AC's 3-1 Month Momentum % is ranked better than 95.83% of 1054
companies
in the Transportation industry
Industry Median: -3.22
vs TSX:AC: 32.65
Air Canada (TSX:AC) 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.
Air Canada 3-1 Month Momentum % Related Terms
TSX:AC vs DAL, UAL, LUV: 3-1 Month Momentum % Comparison
For the Airlines subindustry, Air Canada'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.
Air Canada 3-1 Month Momentum % vs Transportation Industry
For the Transportation industry and Industrials sector, Air Canada's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Air Canada's 3-1 Month Momentum % falls into.
Air Canada (TSX:AC) 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.
Air Canada (TSX:AC) has a 3-1 Month Momentum % of 32.65% as of Jul. 30, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Air Canada and its competitors. According to the industry distribution chart, Air Canada ranks #44 out of 1054 companies in the Transportation industry, placing it in the top 4.2%.
Is Air Canada's 3-1 Month Momentum % too high?
Air Canada's current 3-1 Month Momentum % is 32.65%. Based on the distribution chart, Air Canada ranks #44 out of 1054 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air Canada has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's 3-1 Month Momentum % compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Canada ranks #44 out of 1054 companies for 3-1 Month Momentum %. This places Air Canada in the top 4% of its industry — outperforming the majority of peers. 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 Transportation company?
A good 3-1 Month Momentum % depends on the Transportation 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 Air Canada and its competitors. Air Canada's current 3-1 Month Momentum % is 32.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (TSX:AC) is currently considered Fairly Valued. The stock's GF Value™ is C$24.45, compared to a current price of C$26.24 — trading 7.3% above its estimated fair value. The current 3-1 Month Momentum % is 32.65%. Air Canada's overall GF Score™ is 83/100 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 Air Canada (TSX:AC), the current 3-1 Month Momentum % is 32.65% as of Jul. 30, 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 Air Canada (TSX:AC) Overvalued in 2026?
Based on GuruFocus' analysis, Air Canada stock appears to be overvalued.
The current stock price of C$26.24 is trading 7.3% above its estimated GF Value™ of C$24.45.
GuruFocus considers Air Canada to be Fairly Valued.
Key valuation signals for TSX:AC:
3-1 Month Momentum %: 32.65%
GF Value™: C$24.45 vs. price of C$26.24 (7.3% above fair value)
No single metric tells the full story. See the TSX:AC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
83GF Score
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3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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