Storebrand Competitors

STIIAM Stock

DKK 1,740 5.60 0.32%

Storebrand Indeks competes with Novo Nordisk, Nordea Bank, DSV Panalpina, AP Mller, and AP Mller; as well as few others. Analyzing Storebrand Indeks competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Storebrand Indeks to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Storebrand Indeks Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Storebrand Indeks competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Storebrand Indeks' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
1,739	1,740	1,740

Details

Intrinsic

Valuation

Low	Real	High
1,542	1,543	1,914

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Storebrand Indeks. Your research has to be compared to or analyzed against Storebrand Indeks' peers to derive any actionable benefits. When done correctly, Storebrand Indeks' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Storebrand Indeks.

Storebrand Indeks Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Storebrand Indeks and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Storebrand and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Storebrand Indeks does not affect the price movement of the other competitor.

	NOVO-B	NDA-DK	DSV	MAERSK-B	MAERSK-A	ORSTED	VWS	GMAB	COLO-B	CARL-B
NOVO-B		-0.31	-0.87	-0.93	-0.91	-0.37	-0.21	0.67	0.93	0.55	NOVO-B
NDA-DK	-0.31		0.04	0.25	0.17	-0.29	0.32	-0.22	-0.18	-0.25	NDA-DK
DSV	-0.87	0.04		0.91	0.93	0.48	0.19	-0.53	-0.91	-0.52	DSV
MAERSK-B	-0.93	0.25	0.91		0.99	0.36	0.24	-0.67	-0.95	-0.58	MAERSK-B
MAERSK-A	-0.91	0.17	0.93	0.99		0.35	0.21	-0.6	-0.96	-0.63	MAERSK-A
ORSTED	-0.37	-0.29	0.48	0.36	0.35		-0.27	-0.4	-0.37	0.02	ORSTED
VWS	-0.21	0.32	0.19	0.24	0.21	-0.27		-0.18	-0.23	-0.21	VWS
GMAB	0.67	-0.22	-0.53	-0.67	-0.6	-0.4	-0.18		0.69	0.24	GMAB
COLO-B	0.93	-0.18	-0.91	-0.95	-0.96	-0.37	-0.23	0.69		0.61	COLO-B
CARL-B	0.55	-0.25	-0.52	-0.58	-0.63	0.02	-0.21	0.24	0.61		CARL-B
	NOVO-B	NDA-DK	DSV	MAERSK-B	MAERSK-A	ORSTED	VWS	GMAB	COLO-B	CARL-B

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High positive correlations

MAERSK-A	+ 0.99	MAERSK-B
COLO-B	+ 0.93	NOVO-B
MAERSK-A	+ 0.93	DSV
MAERSK-B	+ 0.91	DSV
COLO-B	+ 0.69	GMAB
GMAB	+ 0.67	NOVO-B

High negative correlations

COLO-B	- 0.96	MAERSK-A
COLO-B	- 0.95	MAERSK-B
MAERSK-B	- 0.93	NOVO-B
COLO-B	- 0.91	DSV
MAERSK-A	- 0.91	NOVO-B
DSV	- 0.87	NOVO-B

Risk-Adjusted Indicators

There is a big difference between Storebrand Stock performing well and Storebrand Indeks Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Storebrand Indeks' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
NOVO-B	1.26	0.26	0.15	1.64	1.03	(1.44)	3.56	(1.86)	10.55
NDA-DK	1.00	0.00	0.00	0.07	0.00	0.00	1.54	(2.31)	7.45
DSV	0.94	(0.24)	0.00	1.55	0.00	0.00	1.69	(2.28)	5.34
MAERSK-B	1.86	(0.44)	0.00	1.02	0.00	0.00	2.83	(3.39)	17.69
MAERSK-A	1.68	(0.35)	0.00	0.85	0.00	0.00	2.74	(3.12)	17.58
ORSTED	1.79	0.02	(0.03)	(0.10)	2.26	(1.67)	3.76	(3.28)	9.31
VWS	1.33	(0.15)	0.00	(1.35)	0.00	0.00	2.43	(3.32)	9.89
GMAB	1.41	0.04	0.00	0.02	0.00	0.00	2.95	(2.80)	9.79
COLO-B	1.08	0.19	0.11	0.56	1.06	(1.17)	2.64	(2.07)	12.51
CARL-B	0.80	0.02	(0.05)	0.27	1.02	(0.92)	2.20	(1.64)	7.20

Storebrand Indeks Competitive Analysis

The better you understand Storebrand Indeks competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Storebrand Indeks' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Storebrand Indeks' competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	STIIAM	NOVO-B	NDA-DK	DSV	MAERSK-B	MAERSK-A	ORSTED	VWS	GMAB	COLO-B
	0.32 1,740 Storebrand	1.05 875.30 Novo	1.73 82.50 Nordea	1.03 1,081 DSV	0.92 9,656 MAERSK-B	0.91 9,470 MAERSK-A	1.43 379.60 Orsted	3.37 182.70 Vestas	1.20 2,030 Genmab	0.57 900.80 Coloplast
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Good	Good	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Very Weak	Modest	Good
Odds of Financial Distress (Probability Of Bankruptcy)	About Average	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Under Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Over Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Buy	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Strong Sell	Sell	Strong Sell	Buy
Current Ratio	N/A	1.06	N/A	1.01	1.37	1.13	1.95	1.02	15.42	1.12
Net Asset	N/A	241.26 B	594.84 B	159.04 B	93.68 B	93.68 B	314.14 B	20.09 B	24.63 B	34.96 B
Profit Margin	N/A	0.31	0.37	0.0746	0.36	0.36	0.11	-0.11	0.47	0.2
EBITDA	N/A	76.8 B	N/A	24.6 B	37.18 B	37.18 B	32.72 B	(545 M)	4.24 B	7.23 B
Operating Margin	N/A	0.43	0.5	0.11	0.38	0.38	0.0855	-0.0721	0.38	0.3
Current Valuation	N/A	2.1 T	464.06 B	269.42 B	207.26 B	207.26 B	323.55 B	217.13 B	186.33 B	203.46 B
Price To Book	N/A	27.51	1.18	3.03	0.63	0.62	5.54	7.51	7.86	22.36
Retained Earnings	N/A	36.07 B	N/A	7.4 B	31.8 B	31.08 B	N/A	2.57 B	N/A	4.7 B
Current Asset	N/A	46.38 B	N/A	17 B	11.27 B	10.73 B	N/A	6.33 B	N/A	6.01 B
Five Year Return	N/A	2.45	N/A	0.37	2.16	2.24	N/A	1.29	N/A	2.29
Beta	N/A	0.33	0.9	1.08	1.37	1.37	0.56	1.16	0.67	0.21
Number Of Employees	N/A	54.39 K	28.27 K	76.28 K	110 K	110 K	8.03 K	28.44 K	1.56 K	14.5 K
Shares Outstanding	N/A	1.72 B	3.62 B	216.26 M	7.38 M	10.11 M	420.23 M	1.01 B	65.96 M	194.31 M
Cash Flow From Operations	N/A	78.89 B	21.98 B	26.85 B	34.48 B	34.48 B	11.92 B	(195 M)	2.23 B	5.1 B
Annual Yield	N/A	0.0115	0.0727	0.0051	0.28	0.17	0.0212	0.0017	N/A	0.0252
Total Debt	N/A	20.77 B	N/A	21.4 B	3.77 B	3.77 B	60.45 B	1.96 B	378 M	16.36 B
Return On Equity	N/A	0.72	0.11	0.24	0.53	0.53	0.17	-0.41	0.24	0.75
Z Score	N/A	64.2	N/A	8.8	43.2	42.6	2.4	64.8	N/A	6.0
Return On Asset	N/A	0.22	0.0062	0.0982	0.23	0.23	0.0242	-0.0328	0.1	0.17
Book Value Per Share	N/A	37.1	8.63	329.73	3632.12	3632.12	217.83	3.03	408.67	27.81
Current Liabilities	N/A	41.07 B	N/A	15.02 B	9.61 B	9.29 B	N/A	5.26 B	N/A	4.78 B
Total Asset	N/A	241.26 B	594.84 B	159.04 B	93.68 B	93.68 B	314.14 B	20.09 B	24.63 B	34.96 B
Debt To Equity	N/A	0.21	N/A	0.56	54.2	62.8	43.1	0.5	0.018	43.4
Target Price	N/A	975.48	93.87	1387.35	20832.7	12250.0	745.0	497.32	3239.73	954.18
Last Dividend Paid	N/A	12.4	0.8	6.5	623.0	623.0	13.5	N/A	N/A	20.0
Shares Owned By Institutions	N/A	38.87	60.54	49.3	53.82	58.88	24.45	46.64	49.9	25.53
Market Capitalization	N/A	2.24 T	302.44 B	281.93 B	274.76 B	270.01 B	269.87 B	212.24 B	185.21 B	175.43 B
Price To Earning	N/A	37.49	N/A	56.94	58.43	53.81	13.2	27.15	34.78	42.1
Price To Earnings To Growth	N/A	2.0	9.0	3.73	0.35	0.34	6.36	2.36	1.19	3.38
Price To Sales	N/A	12.16	28.93	0.95	3.13	3.04	2.15	14.28	17.0	7.79
Net Income	N/A	55.52 B	3.6 B	17.57 B	29.2 B	29.2 B	15.13 B	(1.57 B)	3.01 B	4.71 B
Earnings Per Share	N/A	24.44	6.96	76.2	11054.63	11054.63	34.6	-3.89	83.21	21.76
Shares Owned By Insiders	N/A	N/A	0.72	17.0	5.3	19.93	55.0	0.06	N/A	35.0
Revenue	N/A	176.95 B	9.79 B	235.66 B	81.53 B	81.53 B	126.09 B	14.49 B	8.48 B	22.58 B
Working Capital	N/A	5.31 B	N/A	1.98 B	1.66 B	1.44 B	N/A	1.07 B	N/A	1.23 B
Cash And Equivalents	N/A	27.22 B	N/A	2.03 B	5 B	4.96 B	25.31 B	1.92 B	18.08 B	620 M
Cash Per Share	N/A	11.83	N/A	9.22	242.74	246.39	60.26	1.9	276.57	2.92
Gross Profit	N/A	148.51 B	9.72 B	52.15 B	36.73 B	36.73 B	35.11 B	118 M	8.48 B	15.53 B
Day Typical Price	1738.07	867.4	82.13	1080.33	9638.67	9445.0	379.83	181.03	2023.33	901.47
Accumulation Distribution	0.0044	59127.72	11129.75	4713.59	156.71	55.56	8771.12	73937.04	2777.56	4079.21
Market Facilitation Index	7.6	0.0	0.0	0.0	0.0129	0.0251	0.0	0.0	5.0E-4	1.0E-4
Daily Balance Of Power	(0.74)	0.3569	0.9859	0.7333	0.6286	0.7391	(0.70)	0.8623	0.4444	(0.27)
Period Momentum Indicator	(5.60)	9.1	1.4	11.0	88.0	85.0	(5.50)	5.95	24.0	(5.20)
Rate Of Daily Change	1.0	1.01	1.02	1.01	1.01	1.01	0.99	1.03	1.01	0.99
Day Median Price	1737.2	863.45	81.95	1080.0	9630.0	9432.5	379.95	180.2	2020.0	901.8
Price Action Indicator	(0.20)	16.4	1.25	6.5	70.0	80.0	(3.10)	5.47	22.0	(3.60)
Coefficient Of Variation	596.19	625.8	(6,526)	(514.20)	(574.51)	(691.68)	10185.77	(1,315)	(31,678)	733.55
Mean Deviation	0.4183	1.26	0.9973	0.9354	1.86	1.68	1.79	1.33	1.41	1.08
Jensen Alpha	0.1054	0.2599	0.001	(0.24)	(0.44)	(0.35)	0.0197	(0.15)	0.0361	0.1929
Total Risk Alpha	0.016	0.0547	(0.21)	(0.41)	(0.81)	(0.71)	(0.26)	(0.36)	(0.25)	0.0125
Sortino Ratio	0.0203	0.1548	N/A	N/A	N/A	N/A	(0.03)	N/A	N/A	0.1095
Downside Variance	0.3883	1.62	N/A	N/A	N/A	N/A	5.29	N/A	N/A	1.82
Standard Deviation	0.5843	1.77	1.41	1.26	2.68	2.61	2.18	1.77	1.88	1.71
Kurtosis	3.27	5.51	4.36	0.8402	11.1	14.79	(0.59)	1.75	0.7119	13.74
Potential Upside	0.8463	3.56	1.54	1.69	2.83	2.74	3.76	2.43	2.95	2.64
Treynor Ratio	(0.38)	1.64	0.073	1.55	1.02	0.8494	(0.10)	(1.35)	0.0231	0.5588
Maximum Drawdown	4.14	10.55	7.45	5.34	17.69	17.58	9.31	9.89	9.79	12.51
Variance	0.3414	3.12	1.99	1.58	7.19	6.82	4.75	3.13	3.53	2.92
Market Risk Adjusted Performance	(0.37)	1.65	0.083	1.56	1.03	0.8594	(0.09)	(1.34)	0.0331	0.5688
Risk Adjusted Performance	0.1022	0.1043	(0)	(0.11)	(0.1)	(0.08)	0.0132	(0.04)	0.0048	0.0898
Skewness	(0.17)	1.67	(1.70)	0.2463	(2.27)	(2.76)	0.0912	0.535	0.3688	2.49
Semi Deviation	0.4579	1.03	N/A	N/A	N/A	N/A	2.26	N/A	N/A	1.06
Information Ratio	0.0216	0.1115	(0.08)	(0.26)	(0.21)	(0.18)	(0.03)	(0.12)	(0.05)	0.0864
Value At Risk	(0.76)	(1.86)	(2.31)	(2.28)	(3.39)	(3.12)	(3.28)	(3.32)	(2.80)	(2.07)
Expected Short fall	(0.45)	(1.44)	N/A	N/A	N/A	N/A	(1.67)	N/A	N/A	(1.17)
Downside Deviation	0.6232	1.27	N/A	N/A	N/A	N/A	2.3	N/A	N/A	1.35
Semi Variance	0.2097	1.05	N/A	N/A	N/A	N/A	5.09	N/A	N/A	1.11

Storebrand Indeks Competition Performance Charts

Five steps to successful analysis of Storebrand Indeks Competition

Storebrand Indeks' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Storebrand Indeks in relation to its competition. Storebrand Indeks' competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Storebrand Indeks in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Storebrand Indeks' competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Storebrand Indeks, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Storebrand Indeks position

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Check out Storebrand Indeks Correlation with its peers.

Note that the Storebrand Indeks information on this page should be used as a complementary analysis to other Storebrand Indeks' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running Storebrand Indeks' price analysis, check to measure Storebrand Indeks' 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 Indeks is operating at the current time. Most of Storebrand Indeks' value examination focuses on studying past and present price action to predict the probability of Storebrand Indeks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storebrand Indeks' price. Additionally, you may evaluate how the addition of Storebrand Indeks to your portfolios can decrease your overall portfolio volatility.

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