NTIOF (National Bank of Canada) Momentum Rank: 9 (As of Sep. 10, 2026) — 13% 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.

NTIOF National Bank of Canada NTIOF
79 GF Score
Price $153.27
GF Value $115.02
Valuation Significantly Overvalued
! 3 Warning Signs
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What is National Bank of Canada Momentum Rank?

National Bank of Canada NTIOF -0.17% 79 Momentum Rank is 9 as of Sep. 10, 2026, which is 13% above its 10-year median of 8.00. GuruFocus rates NTIOF with a GF Score™ of 79/100 and a GF Value™ of $115.02 (Significantly Overvalued). The stock has 3 warning signs investors should review.

National Bank of Canada has the Momentum Rank of 9.

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.

National Bank of Canada Momentum Rank Related Terms

NTIOF vs JPM, BAC, WFC: Momentum Rank Comparison

For the Banks - Diversified subindustry, National Bank of Canada'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.

National Bank of Canada Momentum Rank vs Banks Industry

For the Banks industry and Financial Services sector, National Bank of Canada's Momentum Rank distribution charts can be found below:

* The bar in red indicates where National Bank of Canada's Momentum Rank falls into.


NTIOF
79GF Score
National Bank of Canada NTIOF
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 9 mean?
National Bank of Canada (NTIOF) has a Momentum Rank of 9 as of Sep. 10, 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 National Bank of Canada and its competitors. This is 13% above median its historical median of 8.00. Over the past decade, National Bank of Canada's Momentum Rank has ranged from 5.00 to 10.00.
Is National Bank of Canada's Momentum Rank too high?
National Bank of Canada's current Momentum Rank of 9 is 13% above median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 10.00. Overall, National Bank of Canada has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Canada's Momentum Rank compare to JPM and BAC?
National Bank of Canada's Momentum Rank of 9 can be compared against companies in the Banks industry. Historically, National Bank of Canada's own Momentum Rank has ranged from 5.00 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 a Banks company?
A good Momentum Rank depends on the Banks 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 National Bank of Canada and its competitors. National Bank of Canada's current Momentum Rank is 9, which is 13% above median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Canada (NTIOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $115.02, compared to a current price of $153.27 — trading 33.3% above its estimated fair value. The current Momentum Rank is 9, which is 13% above median its 10-year median of 8.00. National Bank of Canada's overall GF Score™ is 79/100 with 3 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 National Bank of Canada (NTIOF), the current Momentum Rank is 9 as of Sep. 10, 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 National Bank of Canada (NTIOF) Overvalued in 2026?

Based on GuruFocus' analysis, National Bank of Canada stock appears to be overvalued. The current stock price of $153.27 is trading 33.3% above its estimated GF Value™ of $115.02. GuruFocus considers National Bank of Canada to be Significantly Overvalued.

Key valuation signals for NTIOF:

  • Momentum Rank: 9 (13% above median its 10-year median of 8.00)
  • GF Value™: $115.02 vs. price of $153.27 (33.3% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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

National Bank of Canada Business Description

Address 800, Rue Saint Jacques, Place Banque Nationale, Montreal, QC, CAN, H3C 1A3
National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank derives around 45% of its 2025 revenue from the province of Quebec, with additional operations in the rest of Canada and the United States. National Bank of Canada also owns ABA Bank, one of the largest commercial banks in Cambodia.
79GF Score

Get the complete analysis for NTIOF

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

$153.27
Price
$115.02
GF Value