Melhus Sparebank (Norway) Buy Hold or Sell Recommendation
| MELG Stock | NOK 153.00 3.00 1.92% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Melhus Sparebank is 'Cautious Hold'. Macroaxis provides Melhus Sparebank buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MELG positions. The advice algorithm takes into account all of Melhus Sparebank's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Melhus Sparebank's buy or sell advice are summarized below:
Real Value 153.53 | Hype Value 153 | Market Value 153 | Naive Value 155.03 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Melhus Sparebank given historical horizon and risk tolerance towards Melhus Sparebank. When Macroaxis issues a 'buy' or 'sell' recommendation for Melhus Sparebank, the advice is generated through an automated system that utilizes algorithms and statistical models.
Melhus |
Execute Melhus Sparebank Buy or Sell Advice
The Melhus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Melhus Sparebank. Macroaxis does not own or have any residual interests in Melhus Sparebank or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Melhus Sparebank's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Melhus Sparebank Trading Alerts and Improvement Suggestions
| Melhus Sparebank has high likelihood to experience some financial distress in the next 2 years | |
| Melhus Sparebank has accumulated about 912.01 M in cash with (305.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 328.51. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders |
Melhus Sparebank Returns Distribution Density
The distribution of Melhus Sparebank's historical returns is an attempt to chart the uncertainty of Melhus Sparebank's future price movements. The chart of the probability distribution of Melhus Sparebank daily returns describes the distribution of returns around its average expected value. We use Melhus Sparebank price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Melhus Sparebank returns is essential to provide solid investment advice for Melhus Sparebank.
| Mean Return | 0.07 | Value At Risk | -1.82 | Potential Upside | 1.80 | Standard Deviation | 0.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Melhus Sparebank historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Melhus Sparebank Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Melhus Sparebank or Thrifts & Mortgage Finance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Melhus Sparebank's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Melhus stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 0.09 | |
σ | Overall volatility | 0.96 | |
Ir | Information ratio | -0.02 |
Melhus Sparebank Volatility Alert
Melhus Sparebank has relatively low volatility with skewness of -0.26 and kurtosis of 2.93. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Melhus Sparebank's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Melhus Sparebank's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Melhus Sparebank Fundamentals Vs Peers
Comparing Melhus Sparebank's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Melhus Sparebank's direct or indirect competition across all of the common fundamentals between Melhus Sparebank and the related equities. This way, we can detect undervalued stocks with similar characteristics as Melhus Sparebank or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Melhus Sparebank's fundamental indicators could also be used in its relative valuation, which is a method of valuing Melhus Sparebank by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Melhus Sparebank to competition |
| Fundamentals | Melhus Sparebank | Peer Average |
| Return On Equity | 0.0875 | -0.31 |
| Return On Asset | 0.0102 | -0.14 |
| Profit Margin | 0.43 % | (1.27) % |
| Operating Margin | 0.51 % | (5.51) % |
| Current Valuation | 2.43 B | 16.62 B |
| Shares Outstanding | 2.78 M | 571.82 M |
| Shares Owned By Insiders | 43.65 % | 10.09 % |
| Shares Owned By Institutions | 6.77 % | 39.21 % |
| Price To Earning | 10.46 X | 28.72 X |
| Price To Book | 0.35 X | 9.51 X |
| Price To Sales | 1.77 X | 11.42 X |
| Revenue | 232.64 M | 9.43 B |
| Gross Profit | 241.06 M | 27.38 B |
| EBITDA | 207.08 M | 3.9 B |
| Net Income | 105.24 M | 570.98 M |
| Cash And Equivalents | 912.01 M | 2.7 B |
| Cash Per Share | 328.51 X | 5.01 X |
| Total Debt | 2.56 B | 5.32 B |
| Book Value Per Share | 451.06 X | 1.93 K |
| Cash Flow From Operations | (305.54 M) | 971.22 M |
| Earnings Per Share | 13.61 X | 3.12 X |
| Target Price | 166.0 | |
| Number Of Employees | 68 | 18.84 K |
| Beta | 0.26 | -0.15 |
| Market Capitalization | 485.84 M | 19.03 B |
| Total Asset | 10.22 B | 29.47 B |
| Retained Earnings | 60 M | 9.33 B |
| Working Capital | (4.5 B) | 1.48 B |
| Current Asset | 313 M | 9.34 B |
| Current Liabilities | 4.81 B | 7.9 B |
| Annual Yield | 0.06 % | |
| Five Year Return | 7.16 % | |
| Net Asset | 10.22 B |
Melhus Sparebank Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Melhus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Melhus Sparebank Buy or Sell Advice
When is the right time to buy or sell Melhus Sparebank? Buying financial instruments such as Melhus Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Melhus Sparebank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banks - Regional Thematic Idea Now
Banks - Regional
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banks - Regional theme has 18 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banks - Regional Theme or any other thematic opportunities.
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Check out Melhus Sparebank Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Melhus Stock analysis
When running Melhus Sparebank's price analysis, check to measure Melhus 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 Melhus Sparebank is operating at the current time. Most of Melhus Sparebank's value examination focuses on studying past and present price action to predict the probability of Melhus 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 Melhus Sparebank's price. Additionally, you may evaluate how the addition of Melhus Sparebank to your portfolios can decrease your overall portfolio volatility.
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