SPAREBANKEN MORE (Norway) Today

MORG
 Stock
  

NOK 74.26  0.24  0.32%   

Market Performance
0 of 100
Odds Of Distress
Less than 50
SPAREBANKEN MORE is selling for 74.26 as of the 10th of August 2022. This is a -0.32 percent decrease since the beginning of the trading day. The stock's lowest day price was 74.0. SPAREBANKEN MORE has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for SPAREBANKEN MORE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of June 2022 and ending today, the 10th of August 2022. Click here to learn more.
Sparebanken Mre, together with its subsidiaries, provides banking services for retail and corporate customers primarily in Mre og Romsdal, Norway. Sparebanken Mre was founded in 1843 and is headquartered in lesund, Norway. SPAREBANKEN MORE is traded on Oslo Stock Exchange in Norway.. The company has 49.32 M outstanding shares. More on SPAREBANKEN MORE

Moving together with SPAREBANKEN MORE

0.69MINGSPAREBANK 1 SMNPairCorr
SPAREBANKEN MORE cannot be verified against its exchange. Apparently, SPAREBANKEN MORE is not available for investing at the moment. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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SPAREBANKEN MORE Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. SPAREBANKEN MORE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPAREBANKEN MORE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPAREBANKEN MORE generated a negative expected return over the last 90 days
SPAREBANKEN MORE has high likelihood to experience some financial distress in the next 2 years
About 29.0% of the company outstanding shares are owned by corporate insiders
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPAREBANKEN MORE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
SPAREBANKEN MORE (MORG) is traded on Oslo Stock Exchange in Norway and employs 370 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.67 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SPAREBANKEN MORE's market, we take the total number of its shares issued and multiply it by SPAREBANKEN MORE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. SPAREBANKEN MORE operates under Financial Services sector and is part of Banks—Regional industry. The entity has 49.32 M outstanding shares. SPAREBANKEN MORE has accumulated about 1.55 B in cash with 2.81 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 31.49.
Check SPAREBANKEN MORE Probability Of Bankruptcy

SPAREBANKEN MORE Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPAREBANKEN MORE market risk premium is the additional return an investor will receive from holding SPAREBANKEN MORE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPAREBANKEN MORE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPAREBANKEN MORE's alpha and beta are two of the key measurements used to evaluate SPAREBANKEN MORE's performance over the market, the standard measures of volatility play an important role as well.

SPAREBANKEN Stock Against Markets

Picking the right benchmark for SPAREBANKEN MORE stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPAREBANKEN MORE stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPAREBANKEN MORE is critical whether you are bullish or bearish towards SPAREBANKEN MORE at a given time.
SPAREBANKEN MORE cannot be verified against its exchange. Apparently, SPAREBANKEN MORE is not available for investing at the moment. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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Our tools can tell you how much better you can do entering a position in SPAREBANKEN MORE without increasing your portfolio risk or giving up 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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Invested in SPAREBANKEN MORE?

You need to understand the risk of investing before taking a position in SPAREBANKEN MORE. The danger of trading SPAREBANKEN MORE is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPAREBANKEN MORE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPAREBANKEN MORE. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPAREBANKEN MORE is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the SPAREBANKEN MORE information on this page should be used as a complementary analysis to other SPAREBANKEN MORE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running SPAREBANKEN MORE price analysis, check to measure SPAREBANKEN MORE'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 MORE is operating at the current time. Most of SPAREBANKEN MORE's value examination focuses on studying past and present price action to predict the probability of SPAREBANKEN MORE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPAREBANKEN MORE's price. Additionally, you may evaluate how the addition of SPAREBANKEN MORE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between SPAREBANKEN MORE's value and its price as these two are different measures arrived at by different means. Investors typically determine SPAREBANKEN MORE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPAREBANKEN MORE'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.