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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2026-08-04), Headwater Exploration's 6-1 Month Momentum % is 0.59%.
The industry rank for Headwater Exploration's 6-1 Month Momentum % or its related term are showing as below:
CDDRF's 6-1 Month Momentum % is ranked better than 62.48% of 1018
companies
in the Oil & Gas industry
Industry Median: 0.88
vs CDDRF: 0.59
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 6-1 Month Momentum % measures the total return to a stock over the past six 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.
Headwater Exploration 6-1 Month Momentum % Related Terms
CDDRF vs COP, EOG, FANG: 6-1 Month Momentum % Comparison
For the Oil & Gas E&P subindustry, Headwater Exploration's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.
Headwater Exploration 6-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Headwater Exploration's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Headwater Exploration's 6-1 Month Momentum % falls into.
* 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.
Headwater Exploration (CDDRF) has a 6-1 Month Momentum % of 0.59% as of Aug. 04, 2026. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Headwater Exploration and its competitors. According to the industry distribution chart, Headwater Exploration ranks #382 out of 1018 companies in the Oil & Gas industry, placing it in the top 37.5%.
Is Headwater Exploration's 6-1 Month Momentum % too high?
Headwater Exploration's current 6-1 Month Momentum % is 0.59%. The Oil & Gas industry median 6-1 Month Momentum % is 0.88. Headwater Exploration's value of 0.59% is 33% below this industry median. Based on the distribution chart, Headwater Exploration ranks #382 out of 1018 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Headwater Exploration has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Headwater Exploration's 6-1 Month Momentum % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Headwater Exploration ranks #382 out of 1018 companies for 6-1 Month Momentum %. This puts Headwater Exploration in the upper half of its industry. The industry median 6-1 Month Momentum % is 0.88. Headwater Exploration's value of 0.59% is 33% 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 6-1 Month Momentum % for an Oil & Gas company?
The median 6-1 Month Momentum % among Oil & Gas companies is 0.88, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a 6-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 6-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Headwater Exploration's current 6-1 Month Momentum % of 0.59% is 33% 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 6-1 Month Momentum % mean?
A high 6-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Headwater Exploration and its competitors. For the Oil & Gas industry, the median 6-1 Month Momentum % is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwater Exploration's current 6-1 Month Momentum % is 0.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Exploration stock overvalued right now?
Based on GuruFocus' analysis, Headwater Exploration (CDDRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.65, compared to a current price of $9.20 — trading 38.3% above its estimated fair value. The current 6-1 Month Momentum % is 0.59% and 33% below the Oil & Gas industry median of 0.88. Headwater Exploration's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-1 Month Momentum % calculated?
6-1 Month Momentum % is calculated from a company's financial statements. For Headwater Exploration (CDDRF), the current 6-1 Month Momentum % is 0.59% as of Aug. 04, 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 Headwater Exploration (CDDRF) Overvalued in 2026?
Based on GuruFocus' analysis, Headwater Exploration stock appears to be overvalued.
The current stock price of $9.20 is trading 38.3% above its estimated GF Value™ of $6.65.
GuruFocus considers Headwater Exploration to be Significantly Overvalued.
Key valuation signals for CDDRF:
6-1 Month Momentum %: 0.59%
GF Value™: $6.65 vs. price of $9.20 (38.3% above fair value)
Industry Position: 33% below the Oil & Gas median (#382 of 1018)
No single metric tells the full story. See the CDDRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headwater Exploration Inc is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The company has high quality oil production, reserves, and lands in the prolific Clearwater play in the Marten Hills, Greater Peavine and Greater Nipisi areas of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick. Its core operating areas are Clearwater fairway, Alberta and McCully Field, New Brunswick.
83GF Score
Get the complete analysis for CDDRF
6-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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