SPAREBANK (Norway) Probability of Future Stock Price Finishing Over 115.00

MING
 Stock
  

NOK 115.00  1.20  1.03%   

SPAREBANK's future price is the expected price of SPAREBANK instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of SPAREBANK 1 SMN performance during a given time horizon utilizing its historical volatility.
  
Additionally, see SPAREBANK Backtesting, SPAREBANK Valuation, SPAREBANK Correlation, SPAREBANK Hype Analysis, SPAREBANK Volatility, SPAREBANK History as well as SPAREBANK Performance. Please specify SPAREBANK time horizon, a valid symbol (red box) and a target price (blue box) you would like SPAREBANK odds to be computed.

SPAREBANK Target Price Odds to finish over 115.00

The tendency of SPAREBANK Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 115.00 90 days 115.00 
over 95.34
Based on a normal probability distribution, the odds of SPAREBANK to move above the current price in 90 days from now is over 95.34 (This SPAREBANK 1 SMN probability density function shows the probability of SPAREBANK Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon SPAREBANK has a beta of 0.16. This indicates as returns on the market go up, SPAREBANK average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPAREBANK 1 SMN will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPAREBANK 1 SMN is significantly underperforming DOW.
   SPAREBANK Price Density   
       Price  

Predictive Modules for SPAREBANK

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SPAREBANK 1 SMN. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SPAREBANK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of SPAREBANK in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
113.78115.00116.22
Details
Intrinsic
Valuation
LowReal ValueHigh
106.88108.10126.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SPAREBANK. Your research has to be compared to or analyzed against SPAREBANK's peers to derive any actionable benefits. When done correctly, SPAREBANK's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in SPAREBANK 1 SMN.

SPAREBANK Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. SPAREBANK is not an exception. The market had few large corrections towards the SPAREBANK's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SPAREBANK 1 SMN, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SPAREBANK within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.08
β
Beta against DOW0.16
σ
Overall volatility
3.49
Ir
Information ratio 0.020122

SPAREBANK Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SPAREBANK for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SPAREBANK 1 SMN can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
SPAREBANK 1 SMN generated a negative expected return over the last 90 days
SPAREBANK 1 SMN has high likelihood to experience some financial distress in the next 2 years
SPAREBANK 1 SMN has accumulated about 39.92 B in cash with (2.94 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 308.5.

SPAREBANK Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SPAREBANK Stock often depends not only on the future outlook of the current and potential SPAREBANK's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SPAREBANK's indicators that are reflective of the short sentiment are summarized in the table below.
Trailing Annual Dividend Rate1.30
Float Shares128.88M
Average Daily Volume Last 10 Day106.03k
Average Daily Volume In Three Month104.07k
Trailing Annual Dividend Yield1.08%

SPAREBANK Technical Analysis

SPAREBANK's future price can be derived by breaking down and analyzing its technical indicators over time. SPAREBANK Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SPAREBANK 1 SMN. In general, you should focus on analyzing SPAREBANK Stock price patterns and their correlations with different microeconomic environments and drivers.

SPAREBANK Predictive Forecast Models

SPAREBANK time-series forecasting models is one of many SPAREBANK's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary SPAREBANK's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about SPAREBANK 1 SMN

Checking the ongoing alerts about SPAREBANK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SPAREBANK 1 SMN help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

SPAREBANK Alerts

SPAREBANK Alerts and Suggestions

SPAREBANK 1 SMN generated a negative expected return over the last 90 days
SPAREBANK 1 SMN has high likelihood to experience some financial distress in the next 2 years
SPAREBANK 1 SMN has accumulated about 39.92 B in cash with (2.94 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 308.5.
Additionally, see SPAREBANK Backtesting, SPAREBANK Valuation, SPAREBANK Correlation, SPAREBANK Hype Analysis, SPAREBANK Volatility, SPAREBANK History as well as SPAREBANK Performance. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for SPAREBANK Stock

When running SPAREBANK 1 SMN price analysis, check to measure SPAREBANK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SPAREBANK is operating at the current time. Most of SPAREBANK's value examination focuses on studying past and present price action to predict the probability of SPAREBANK's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPAREBANK's price. Additionally, you may evaluate how the addition of SPAREBANK to your portfolios can decrease your overall portfolio volatility.
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go