Storebrand ASA (Norway) Buy Hold or Sell Recommendation
| STB Stock | NOK 105.20 7.35 7.51% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Storebrand ASA is 'Hold'. Macroaxis provides Storebrand ASA buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding STB positions. The advice algorithm takes into account all of Storebrand ASA's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Storebrand ASA's buy or sell advice are summarized below:
Real Value 100.89 | Hype Value 105.2 | Market Value 105.2 | Naive Value 103.87 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Storebrand ASA given historical horizon and risk tolerance towards Storebrand ASA. When Macroaxis issues a 'buy' or 'sell' recommendation for Storebrand ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Storebrand |
Execute Storebrand ASA Buy or Sell Advice
The Storebrand recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Storebrand ASA. Macroaxis does not own or have any residual interests in Storebrand ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Storebrand ASA's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Storebrand ASA Trading Alerts and Improvement Suggestions
| Storebrand ASA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 43.78 B in total debt with debt to equity ratio (D/E) of 86.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Storebrand ASA has a current ratio of 0.6, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Storebrand ASA until it has trouble settling it off, either with new capital or with free cash flow. So, Storebrand ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Storebrand ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Storebrand to invest in growth at high rates of return. When we think about Storebrand ASA's use of debt, we should always consider it together with cash and equity. | |
| About 69.0% of Storebrand ASA shares are owned by institutional investors |
Storebrand ASA Returns Distribution Density
The distribution of Storebrand ASA's historical returns is an attempt to chart the uncertainty of Storebrand ASA's future price movements. The chart of the probability distribution of Storebrand ASA daily returns describes the distribution of returns around its average expected value. We use Storebrand ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Storebrand ASA returns is essential to provide solid investment advice for Storebrand ASA.
| Mean Return | 0.12 | Value At Risk | -1.84 | Potential Upside | 1.34 | Standard Deviation | 1.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Storebrand ASA 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.
Storebrand ASA 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 Storebrand ASA or Insurance 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 Storebrand ASA'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 Storebrand 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 | 0.1 | |
β | Beta against NYSE Composite | 0.08 | |
σ | Overall volatility | 1.51 | |
Ir | Information ratio | 0.02 |
Storebrand ASA Volatility Alert
Storebrand ASA has relatively low volatility with skewness of -0.41 and kurtosis of 6.59. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Storebrand ASA'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 Storebrand ASA'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.Storebrand ASA Fundamentals Vs Peers
Comparing Storebrand ASA'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 Storebrand ASA's direct or indirect competition across all of the common fundamentals between Storebrand ASA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Storebrand ASA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Storebrand ASA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Storebrand ASA by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Storebrand ASA to competition |
| Fundamentals | Storebrand ASA | Peer Average |
| Return On Equity | 0.0632 | -0.31 |
| Return On Asset | 0.0028 | -0.14 |
| Profit Margin | 0.15 % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 73.18 B | 16.62 B |
| Shares Outstanding | 464.21 M | 571.82 M |
| Shares Owned By Insiders | 6.98 % | 10.09 % |
| Shares Owned By Institutions | 69.32 % | 39.21 % |
| Price To Earning | 8.61 X | 28.72 X |
| Price To Book | 1.07 X | 9.51 X |
| Price To Sales | 1.79 X | 11.42 X |
| Revenue | 17.77 B | 9.43 B |
| Gross Profit | 10.73 B | 27.38 B |
| EBITDA | 4.09 B | 3.9 B |
| Net Income | 2.38 B | 570.98 M |
| Cash And Equivalents | 4.81 B | 2.7 B |
| Cash Per Share | 10.31 X | 5.01 X |
| Total Debt | 43.78 B | 5.32 B |
| Debt To Equity | 86.60 % | 48.70 % |
| Current Ratio | 0.61 X | 2.16 X |
| Book Value Per Share | 81.72 X | 1.93 K |
| Cash Flow From Operations | 661 M | 971.22 M |
| Earnings Per Share | 5.52 X | 3.12 X |
| Price To Earnings To Growth | (7.20) X | 4.89 X |
| Target Price | 98.2 | |
| Number Of Employees | 2.16 K | 18.84 K |
| Beta | 1.33 | -0.15 |
| Market Capitalization | 39.47 B | 19.03 B |
| Total Asset | 781.18 B | 29.47 B |
| Retained Earnings | 14.01 B | 9.33 B |
| Working Capital | (13.07 B) | 1.48 B |
| Current Asset | 17.69 B | 9.34 B |
| Current Liabilities | 30.77 B | 7.9 B |
Storebrand ASA Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Storebrand . 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.
| Accumulation Distribution | 117220.0 | |||
| Daily Balance Of Power | 1.884615 | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 104.05 | |||
| Day Typical Price | 104.43 | |||
| Price Action Indicator | 4.83 | |||
| Period Momentum Indicator | 7.35 | |||
| Relative Strength Index | 83.8 |
About Storebrand ASA Buy or Sell Advice
When is the right time to buy or sell Storebrand ASA? Buying financial instruments such as Storebrand 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.
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Check out Storebrand ASA 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. Note that the Storebrand ASA information on this page should be used as a complementary analysis to other Storebrand ASA'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 the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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When running Storebrand ASA's price analysis, check to measure Storebrand ASA'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 Storebrand ASA is operating at the current time. Most of Storebrand ASA's value examination focuses on studying past and present price action to predict the probability of Storebrand ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storebrand ASA's price. Additionally, you may evaluate how the addition of Storebrand ASA to your portfolios can decrease your overall portfolio volatility.
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