CodeLab Capital AS (OSL:CODE) Momentum Rank: 8 (As of Aug. 22, 2026) — 167% Above Median

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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.

OSL:CODE CodeLab Capital AS OSL:CODE
52 GF Score
Price kr3.58
GF Value kr2.21
Valuation Significantly Overvalued
! 6 Warning Signs
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What is CodeLab Capital AS Momentum Rank?

CodeLab Capital AS OSL:CODE 52 Momentum Rank is 8 as of Aug. 22, 2026, which is 167% above its 10-year median of 3.00. GuruFocus rates OSL:CODE with a GF Score™ of 52/100 and a GF Value™ of kr2.21 (Significantly Overvalued). The stock has 6 warning signs investors should review.

CodeLab Capital AS has the Momentum Rank of 8.

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.

CodeLab Capital AS Momentum Rank Related Terms

OSL:CODE vs VEEV, BTSG, HQY: Momentum Rank Comparison

For the Health Information Services subindustry, CodeLab Capital AS'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.

CodeLab Capital AS Momentum Rank vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CodeLab Capital AS's Momentum Rank distribution charts can be found below:

* The bar in red indicates where CodeLab Capital AS's Momentum Rank falls into.


OSL:CODE
52GF Score
CodeLab Capital AS OSL:CODE
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 8 mean?
CodeLab Capital AS (OSL:CODE) has a Momentum Rank of 8 as of Aug. 22, 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 CodeLab Capital AS and its competitors. This is 167% above median its historical median of 3.00. Over the past decade, CodeLab Capital AS's Momentum Rank has ranged from 1.00 to 10.00.
Is CodeLab Capital AS's Momentum Rank too high?
CodeLab Capital AS's current Momentum Rank of 8 is 167% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, CodeLab Capital AS has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeLab Capital AS's Momentum Rank compare to VEEV and BTSG?
CodeLab Capital AS's Momentum Rank of 8 can be compared against companies in the Healthcare Providers & Services industry. Historically, CodeLab Capital AS'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 a Healthcare Providers & Services company?
A good Momentum Rank depends on the Healthcare Providers & Services 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 CodeLab Capital AS and its competitors. CodeLab Capital AS's current Momentum Rank is 8, which is 167% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeLab Capital AS stock overvalued right now?
Based on GuruFocus' analysis, CodeLab Capital AS (OSL:CODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.21, compared to a current price of kr3.58 — trading 62% above its estimated fair value. The current Momentum Rank is 8, which is 167% above median its 10-year median of 3.00. CodeLab Capital AS's overall GF Score™ is 52/100 with 6 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 CodeLab Capital AS (OSL:CODE), the current Momentum Rank is 8 as of Aug. 22, 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 CodeLab Capital AS (OSL:CODE) Overvalued in 2026?

Based on GuruFocus' analysis, CodeLab Capital AS stock appears to be overvalued. The current stock price of kr3.58 is trading 62% above its estimated GF Value™ of kr2.21. GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.

Key valuation signals for OSL:CODE:

  • Momentum Rank: 8 (167% above median its 10-year median of 3.00)
  • GF Value™: kr2.21 vs. price of kr3.58 (62% above fair value)
  • GF Score™: 52/100 with 6 warning signs

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

CodeLab Capital AS Business Description

Other Exchanges P990:Germany
Address C/o Azets Document Solutions AS, Dm520023, Postboks 1570 Torgarden, Trondheim, NOR, 7435
CodeLab Capital AS builds and invests in next-generation technology. Its primary objective is to invest in other companies and contribute with capital, network, and operations. CodeLab Capital AS is a holding company that, through its subsidiary, is engaged in making software development tools for the broader B2B market.
52GF Score

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

kr3.58
Price
kr2.21
GF Value