Sparebank (Norway) Performance
| MING Stock | NOK 149.74 0.46 0.31% |
On a scale of 0 to 100, Sparebank holds a performance score of 10. The entity has a beta of 0.0057, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sparebank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sparebank is expected to be smaller as well. Please check Sparebank's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Sparebank's existing price patterns will revert.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Sparebank 1 SMN are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Sparebank disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.3 B |
Sparebank |
Sparebank Relative Risk vs. Return Landscape
If you would invest 12,949 in Sparebank 1 SMN on February 21, 2024 and sell it today you would earn a total of 2,025 from holding Sparebank 1 SMN or generate 15.64% return on investment over 90 days. Sparebank 1 SMN is generating 0.2699% of daily returns and assumes 1.9873% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Sparebank, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
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 = 0.1358
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MING | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sparebank is performing at about 10% 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.
Sparebank Fundamentals Growth
Sparebank Stock prices reflect investors' perceptions of the future prospects and financial health of Sparebank, and 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 Sparebank Stock performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0132 | |||
| Profit Margin | 0.45 % | |||
| Operating Margin | 0.59 % | |||
| Current Valuation | 32.72 B | |||
| Shares Outstanding | 129.78 M | |||
| Price To Earning | 13.31 X | |||
| Price To Book | 0.66 X | |||
| Price To Sales | 2.44 X | |||
| Revenue | 5.32 B | |||
| EBITDA | 4.66 B | |||
| Cash And Equivalents | 45.74 B | |||
| Cash Per Share | 353.74 X | |||
| Total Debt | 42.13 B | |||
| Book Value Per Share | 185.72 X | |||
| Cash Flow From Operations | (6.84 B) | |||
| Earnings Per Share | 11.44 X | |||
| Total Asset | 223.31 B | |||
| Retained Earnings | 8.2 B | |||
| Current Asset | 30.02 B | |||
| Current Liabilities | 79.56 B | |||
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 performance evaluation
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 1 SMN has high likelihood to experience some financial distress in the next 2 years | |
| Sparebank 1 SMN has accumulated about 45.74 B in cash with (6.84 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 353.74. |
- Analyzing 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 Sparebank's stock is overvalued or undervalued compared to its peers.
- Examining 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 Sparebank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sparebank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sparebank's stock. These opinions can provide insight into Sparebank's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sparebank 1 SMN. 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Sparebank Stock analysis
When running Sparebank's 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 the 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.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |