Sparebanken Ost (Norway) Today
| SPOG Stock | NOK 52.00 0.02 0.04% |
Performance5 of 100
| Odds Of DistressOver 55
|
Sparebanken Ost is selling for 52.00 as of the 24th of April 2024. This is a 0.04 percent increase since the beginning of the trading day. The stock's lowest day price was 51.3. Sparebanken Ost has over 55 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Sparebanken Ost are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Sparebanken st operates as a savings bank in Eastern Norway. The company was founded in 1843 and is headquartered in Drammen, Norway. SPAREBANKEN OST is traded on Oslo Stock Exchange in Norway. The company has 20.73 M outstanding shares. More on Sparebanken Ost
Moving against Sparebanken Stock
| 0.77 | VOW | Vow ASA | PairCorr |
| 0.62 | WEST | Western Bulk Chartering | PairCorr |
| 0.59 | GCC | Gram Car Carriers | PairCorr |
| 0.42 | MPCC | MPC Container Ships | PairCorr |
Follow Valuation Odds of Bankruptcy
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Sparebanken Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sparebanken Ost's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sparebanken Ost or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Managing Director | Pal Strand |
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Financials, Banks, Banks - Regional - Europe, Financial Services (View all Sectors) |
Sparebanken Ost (SPOG) is traded on Oslo Stock Exchange in Norway and employs 28 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sparebanken Ost's market, we take the total number of its shares issued and multiply it by Sparebanken Ost's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sparebanken Ost operates under Banks sector and is part of Financials industry. The entity has 20.73 M outstanding shares.
Sparebanken Ost has accumulated about 721.5 M in cash with (1.5 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 34.8.
Check Sparebanken Ost Probability Of Bankruptcy
Ownership AllocationSparebanken Ost maintains a total of 20.73 Million outstanding shares. Sparebanken Ost maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Sparebanken Ownership Details
Sparebanken Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Sparebanken Ost jumping above the current price in 90 days from now is about 17.2%. The Sparebanken Ost probability density function shows the probability of Sparebanken Ost stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sparebanken Ost has a beta of -0.1239. This usually implies as returns on the benchmark increase, returns on holding Sparebanken Ost are expected to decrease at a much lower rate. During a bear market, however, Sparebanken Ost is likely to outperform the market. Additionally, sparebanken Ost has an alpha of 0.1163, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sparebanken Ost to move above the current price in 90 days from now is about 17.2 (This Sparebanken Ost probability density function shows the probability of Sparebanken Stock to fall within a particular range of prices over 90 days) .
Sparebanken Ost Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sparebanken Ost market risk premium is the additional return an investor will receive from holding Sparebanken Ost long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sparebanken Ost. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Sparebanken Ost's alpha and beta are two of the key measurements used to evaluate Sparebanken Ost's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.04 | |||
| Semi Deviation | 1.81 | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.91 |
Sparebanken Stock Against Markets
Picking the right benchmark for Sparebanken Ost stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sparebanken Ost stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sparebanken Ost is critical whether you are bullish or bearish towards Sparebanken Ost at a given time. Please also check how Sparebanken Ost's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Sparebanken Ost without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Sparebanken Ost Corporate Directors
Sparebanken Ost corporate directors refer to members of a Sparebanken Ost board of directors. The board of directors generally takes responsibility for the Sparebanken Ost's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sparebanken Ost's board members must vote for the resolution. The Sparebanken Ost board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Roar Larsen | Director | Profile | |
| Cecilie Hagby | Director | Profile | |
| AnnKristin Plomas | Director, Employee Representative | Profile | |
| OleMartin Solberg | Director, Employee Representative | Profile |
How to buy Sparebanken Stock?
Before investing in Sparebanken Ost, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sparebanken Ost. To buy Sparebanken Ost stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sparebanken Ost. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sparebanken Ost stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sparebanken Ost stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sparebanken Ost stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sparebanken Ost, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Sparebanken Ost?
The danger of trading Sparebanken Ost is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sparebanken Ost is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sparebanken Ost. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sparebanken Ost is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparebanken Ost. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Sparebanken Stock analysis
When running Sparebanken Ost's price analysis, check to measure Sparebanken Ost'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 Sparebanken Ost is operating at the current time. Most of Sparebanken Ost's value examination focuses on studying past and present price action to predict the probability of Sparebanken Ost's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebanken Ost's price. Additionally, you may evaluate how the addition of Sparebanken Ost to your portfolios can decrease your overall portfolio volatility.
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