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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 (2026-07-29), Source Energy Services's 3-1 Month Momentum % is -18.05%.
The industry rank for Source Energy Services's 3-1 Month Momentum % or its related term are showing as below:
TSX:SHLE's 3-1 Month Momentum % is ranked worse than 67.96% of 1027
companies
in the Oil & Gas industry
Industry Median: -10.6
vs TSX:SHLE: -18.05
Source Energy Services (TSX:SHLE) 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.
Source Energy Services 3-1 Month Momentum % Related Terms
TSX:SHLE vs SLB, BKR, FTI: 3-1 Month Momentum % Comparison
For the Oil & Gas Equipment & Services subindustry, Source Energy Services'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.
Source Energy Services 3-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Source Energy Services's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Source Energy Services's 3-1 Month Momentum % falls into.
Source Energy Services (TSX:SHLE) 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.
Source Energy Services (TSX:SHLE) has a 3-1 Month Momentum % of -18.05% as of Jul. 29, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Source Energy Services and its competitors. According to the industry distribution chart, Source Energy Services ranks #698 out of 1027 companies in the Oil & Gas industry, placing it in the top 68%.
Is Source Energy Services' 3-1 Month Momentum % too high?
Source Energy Services' current 3-1 Month Momentum % is -18.05%. Based on the distribution chart, Source Energy Services ranks #698 out of 1027 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Source Energy Services has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Source Energy Services' 3-1 Month Momentum % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Source Energy Services ranks #698 out of 1027 companies for 3-1 Month Momentum %. This places Source Energy Services 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 Oil & Gas company?
A good 3-1 Month Momentum % depends on the Oil & Gas 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 Source Energy Services and its competitors. Source Energy Services's current 3-1 Month Momentum % is -18.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Source Energy Services (TSX:SHLE) is currently considered Fairly Valued. The stock's GF Value™ is C$12.59, compared to a current price of C$12.43 — trading 1.3% below its estimated fair value. The current 3-1 Month Momentum % is -18.05%. Source Energy Services' overall GF Score™ is 70/100 with 7 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 Source Energy Services (TSX:SHLE), the current 3-1 Month Momentum % is -18.05% as of Jul. 29, 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 Source Energy Services (TSX:SHLE) Overvalued in 2026?
Based on GuruFocus' analysis, Source Energy Services stock appears to be undervalued.
The current stock price of C$12.43 is trading 1.3% below its estimated GF Value™ of C$12.59.
GuruFocus considers Source Energy Services to be Fairly Valued.
Key valuation signals for TSX:SHLE:
3-1 Month Momentum %: -18.05%
GF Value™: C$12.59 vs. price of C$12.43 (1.3% below fair value)
No single metric tells the full story. See the TSX:SHLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin, United States, and Peace River, Alberta, Canada mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.
70GF Score
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