Sparebanken Mre (Norway) Market Value

MORG
 Stock
  

NOK 74.99  0.51  0.68%   

Sparebanken Mre's market value is the price at which a share of Sparebanken Mre stock trades on a public exchange. It measures the collective expectations of Sparebanken Mre investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Sparebanken Mre and determine expected loss or profit from investing in Sparebanken Mre over a given investment horizon. Additionally, see Sparebanken Mre Correlation, Sparebanken Mre Volatility and Sparebanken Mre Alpha and Beta module to complement your research on Sparebanken Mre.
Symbol

Please note, there is a significant difference between Sparebanken Mre's value and its price as these two are different measures arrived at by different means. Investors typically determine Sparebanken Mre value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebanken Mre's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Sparebanken Mre 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sparebanken Mre's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sparebanken Mre.
0.00
11/09/2022
No Change 0.00  0.0 
In 30 days
12/09/2022
0.00
If you would invest  0.00  in Sparebanken Mre on November 9, 2022 and sell it all today you would earn a total of 0.00 from holding Sparebanken Mre or generate 0.0% return on investment in Sparebanken Mre over 30 days. Sparebanken Mre is related to or competes with Vow Green, SalMar ASA, Gnp Energy, Circa Group, and Waste Plastic. Sparebanken Mre, together with its subsidiaries, provides banking services for retail and corporate customers primarily ... More

Sparebanken Mre Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sparebanken Mre's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sparebanken Mre upside and downside potential and time the market with a certain degree of confidence.

Sparebanken Mre Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sparebanken Mre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sparebanken Mre's standard deviation. In reality, there are many statistical measures that can use Sparebanken Mre historical prices to predict the future Sparebanken Mre's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Sparebanken Mre'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 Sparebanken Mre in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
73.7474.9976.24
Details
Intrinsic
Valuation
LowReal ValueHigh
73.3174.5675.81
Details
Naive
Forecast
LowNext ValueHigh
72.7073.9475.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
73.6376.3279.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sparebanken Mre. Your research has to be compared to or analyzed against Sparebanken Mre's peers to derive any actionable benefits. When done correctly, Sparebanken Mre'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 Sparebanken Mre.

Sparebanken Mre Backtested Returns

We consider Sparebanken Mre very steady. Sparebanken Mre owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0659, which indicates the firm had 0.0659% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Sparebanken Mre, which you can use to evaluate the future volatility of the company. Please validate Sparebanken Mre Risk Adjusted Performance of 0.1236, semi deviation of 1.01, and Coefficient Of Variation of 1183.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.0821%.
Sparebanken Mre has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.1717, which indicates not very significant fluctuations relative to the market. Let's try to break down what Sparebanken's beta means in this case. As returns on the market increase, Sparebanken Mre returns are expected to increase less than the market. However, during the bear market, the loss on holding Sparebanken Mre will be expected to be smaller as well. Although it is important to respect Sparebanken Mre current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Sparebanken Mre technical indicators, you can presently evaluate if the expected return of 0.0821% will be sustainable into the future. Sparebanken Mre right now has a risk of 1.25%. Please validate Sparebanken Mre mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Sparebanken Mre will be following its existing price patterns.

Auto-correlation

    
  -0.1  

Very weak reverse predictability

Sparebanken Mre has very weak reverse predictability. Overlapping area represents the amount of predictability between Sparebanken Mre time series from 9th of November 2022 to 24th of November 2022 and 24th of November 2022 to 9th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sparebanken Mre price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Sparebanken Mre price fluctuation can be explain by its past prices.
Correlation Coefficient-0.1
Spearman Rank Test-0.08
Residual Average0.0
Price Variance1.06

Sparebanken Mre lagged returns against current returns

Autocorrelation, which is Sparebanken Mre stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sparebanken Mre's stock expected returns. We can calculate the autocorrelation of Sparebanken Mre returns to help us make a trade decision. For example, suppose you find that Sparebanken Mre stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Sparebanken Mre regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sparebanken Mre stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sparebanken Mre stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sparebanken Mre stock over time.
   Current vs Lagged Prices   
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       Timeline  

Sparebanken Mre Lagged Returns

When evaluating Sparebanken Mre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sparebanken Mre stock have on its future price. Sparebanken Mre autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sparebanken Mre autocorrelation shows the relationship between Sparebanken Mre stock current value and its past values and can show if there is a momentum factor associated with investing in Sparebanken Mre.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sparebanken Mre without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Sparebanken Mre Correlation, Sparebanken Mre Volatility and Sparebanken Mre Alpha and Beta module to complement your research on Sparebanken Mre. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Sparebanken Mre price analysis, check to measure Sparebanken Mre'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 Sparebanken Mre is operating at the current time. Most of Sparebanken Mre's value examination focuses on studying past and present price action to predict the probability of Sparebanken Mre's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sparebanken Mre's price. Additionally, you may evaluate how the addition of Sparebanken Mre to your portfolios can decrease your overall portfolio volatility.
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Sparebanken Mre technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sparebanken Mre technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sparebanken Mre trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...