DNO ASA (CHIX:DNOO) Momentum Rank: 7 (As of Sep. 02, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:DNOO DNO ASA CHIX:DNOO
82 GF Score
Price kr16.34
GF Value kr35.49
Valuation Possible Value Trap
! 5 Warning Signs
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What is DNO ASA Momentum Rank?

DNO ASA CHIX:DNOO 82 Momentum Rank is 7 as of Sep. 02, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates CHIX:DNOO with a GF Score™ of 82/100 and a GF Value™ of kr35.49 (Possible Value Trap). The stock has 5 warning signs investors should review.

DNO ASA has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

CHIX:DNOO vs COP, EOG, OXY: Momentum Rank Comparison

For the Oil & Gas E&P subindustry, DNO ASA's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

DNO ASA Momentum Rank vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DNO ASA's Momentum Rank distribution charts can be found below:

* The bar in red indicates where DNO ASA's Momentum Rank falls into.


CHIX:DNOO
82GF Score
DNO ASA CHIX:DNOO
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 7 mean?
DNO ASA (CHIX:DNOO) has a Momentum Rank of 7 as of Sep. 02, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on DNO ASA and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, DNO ASA's Momentum Rank has ranged from 1.00 to 10.00.
Is DNO ASA's Momentum Rank too high?
DNO ASA's current Momentum Rank of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, DNO ASA has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Momentum Rank compare to COP and EOG?
DNO ASA's Momentum Rank of 7 can be compared against companies in the Oil & Gas industry. Historically, DNO ASA's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Oil & Gas company?
A good Momentum Rank depends on the Oil & Gas industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on DNO ASA and its competitors. DNO ASA's current Momentum Rank is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (CHIX:DNOO) is currently considered Possible Value Trap. The stock's GF Value™ is kr35.49, compared to a current price of kr16.34 — trading 54% below its estimated fair value. The current Momentum Rank is 7, which is 17% above median its 10-year median of 6.00. DNO ASA'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 Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For DNO ASA (CHIX:DNOO), the current Momentum Rank is 7 as of Sep. 02, 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 DNO ASA (CHIX:DNOO) Overvalued in 2026?

Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued. The current stock price of kr16.34 is trading 54% below its estimated GF Value™ of kr35.49. GuruFocus considers DNO ASA to be Possible Value Trap.

Key valuation signals for CHIX:DNOO:

  • Momentum Rank: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: kr35.49 vs. price of kr16.34 (54% below fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the CHIX:DNOO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

DNO ASA Business Description

Industry EnergyOil & Gas
Address Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
82GF Score

Get the complete analysis for CHIX:DNOO

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr16.34
Price
kr35.49
GF Value