Sparebank (Norway) Performance

MING
 Stock
  

NOK 117.00  0.20  0.17%   

The entity has a beta of 0.1528, which indicates not very significant fluctuations relative to the market. Let's try to break down what Sparebank's beta means in this case. As returns on the market increase, Sparebank returns are expected to increase less than the market. However, during the bear market, the loss on holding Sparebank will be expected to be smaller as well. Even though it is essential to pay attention to Sparebank 1 SMN current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Sparebank 1 SMN exposes twenty-one different technical indicators, which can help you to evaluate its performance. Sparebank 1 SMN has an expected return of -0.01%. Please be advised to validate Sparebank mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Sparebank 1 SMN performance from the past will be repeated at some point in the near future.
  
Sparebank Performance
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Over the last 90 days Sparebank 1 SMN has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady basic indicators, Sparebank is not utilizing all of its potentials. The new stock price chaos, may contribute to medium-term losses for the stakeholders. ...more

Sparebank Price Channel

Begin Period Cash Flow2764000000.00
Total Cashflows From Investing Activities526000000.00

Sparebank Relative Risk vs. Return Landscape

If you would invest  11,840  in Sparebank 1 SMN on September 8, 2022 and sell it today you would lose (140.00)  from holding Sparebank 1 SMN or give up 1.18% of portfolio value over 90 days. Sparebank 1 SMN is generating negative expected returns and assumes 1.3154% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Sparebank, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon Sparebank is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.16 times less risky than the market. the firm trades about -0.01 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.03 of returns per unit of risk over similar time horizon.

Sparebank Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sparebank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sparebank 1 SMN, and traders can use it to determine the average amount a Sparebank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0076

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Estimated Market Risk
 1.32
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 11 %
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Based on monthly moving average Sparebank is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sparebank by adding it to a well-diversified portfolio.

About Sparebank Performance

To evaluate Sparebank 1 SMN Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Sparebank generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Sparebank Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Sparebank 1 SMN market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Sparebank's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
SpareBank 1 SMN, together with its subsidiaries, provides various banking, accounting, and real estate products and services to private individuals and companies in Norway and internationally. SpareBank 1 SMN was founded in 1823 and is headquartered in Trondheim, Norway. SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 1579 people.

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. 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

Equity Alerts and Improvement Suggestions

Sparebank 1 SMN generated a negative expected return over the last 90 days
Additionally, see Correlation Analysis. 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.

Complementary Tools for analysis

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.
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Please note, there is a significant difference between Sparebank's value and its price as these two are different measures arrived at by different means. Investors typically determine Sparebank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebank'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.