Skue Sparebank (Norway) Performance
SKUE Stock | NOK 234.00 8.00 3.54% |
Skue Sparebank has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.0637, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Skue Sparebank are expected to decrease at a much lower rate. During the bear market, Skue Sparebank is likely to outperform the market. Skue Sparebank right now has a risk of 1.16%. Please validate Skue Sparebank value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Skue Sparebank will be following its existing price patterns.
Risk-Adjusted Performance
2 of 100
Low | High |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Skue Sparebank are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, Skue Sparebank is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Begin Period Cash Flow | 339.7 M | |
Total Cashflows From Investing Activities | -536 M |
Skue |
Skue Sparebank Relative Risk vs. Return Landscape
If you would invest 21,329 in Skue Sparebank on December 29, 2023 and sell it today you would earn a total of 2,071 from holding Skue Sparebank or generate 9.71% return on investment over 90 days. Skue Sparebank is generating 0.0441% of daily returns and assumes 1.1638% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Skue, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Skue Sparebank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Skue Sparebank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Skue Sparebank, and traders can use it to determine the average amount a Skue 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 = 0.0379
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | SKUE |
Estimated Market Risk
1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Skue Sparebank is performing at about 2% 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 Skue Sparebank by adding it to a well-diversified portfolio.
Skue Sparebank Fundamentals Growth
Skue Stock prices reflect investors' perceptions of the future prospects and financial health of Skue Sparebank, and Skue Sparebank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Skue Stock performance.
Return On Equity | 0.0906 | |||
Return On Asset | 0.0108 | |||
Current Valuation | 1.36 B | |||
Shares Outstanding | 2.09 M | |||
Price To Earning | 11.58 X | |||
Price To Book | 0.23 X | |||
Price To Sales | 1.14 X | |||
Revenue | 357.81 M | |||
EBITDA | 291.62 M | |||
Cash Per Share | 665.15 X | |||
Cash Flow From Operations | 425.76 M | |||
Earnings Per Share | 73.22 X | |||
Total Asset | 15.55 B | |||
Retained Earnings | 524 M | |||
Current Asset | 810 M | |||
About Skue Sparebank Performance
To evaluate Skue Sparebank 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 Skue 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 Skue 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 Skue Sparebank market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Skue'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.Skue Sparebank provides various banking products and services primarily in Norway. Skue Sparebank was founded in 1842 and is based in Geilo, Norway. SKUE SPAREBANK is traded on Oslo Stock Exchange in Norway.Things to note about Skue Sparebank performance evaluation
Checking the ongoing alerts about Skue Sparebank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Skue Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.About 36.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Skue Sparebank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Skue Sparebank's stock is overvalued or undervalued compared to its peers.
- Examining Skue Sparebank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Skue Sparebank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Skue Sparebank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Skue Sparebank's stock. These opinions can provide insight into Skue Sparebank's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skue Sparebank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Skue Stock analysis
When running Skue Sparebank's price analysis, check to measure Skue 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 Skue Sparebank is operating at the current time. Most of Skue Sparebank's value examination focuses on studying past and present price action to predict the probability of Skue Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skue Sparebank's price. Additionally, you may evaluate how the addition of Skue Sparebank to your portfolios can decrease your overall portfolio volatility.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |