Storebrand Asa Adr Stock Today

SREDY Stock  USD 15.19  0.00  0.00%   

Performance

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Odds Of Distress

Less than 44

 
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Storebrand ASA is trading at 15.19 as of the 28th of March 2024; that is No Change since the beginning of the trading day. The stock's open price was 15.19. Storebrand ASA has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Storebrand ASA ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
Storebrand ASA, through its subsidiaries, primarily provides insurance products and services in Norway and Sweden. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. Storebrand ASA operates under Financial Conglomerates classification in the United States and is traded on OTC Exchange. The company has 232.1 M outstanding shares. More on Storebrand ASA ADR
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Storebrand Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Storebrand ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Storebrand ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and Managing DirectorOdd Grefstad
Business ConcentrationFinancial Conglomerates, Financial Services (View all Sectors)
Storebrand ASA ADR [SREDY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Storebrand ASA's market, we take the total number of its shares issued and multiply it by Storebrand ASA'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. Storebrand ASA ADR classifies itself under Financial Services sector and is part of Financial Conglomerates industry. The entity has 232.1 M outstanding shares. Storebrand ASA ADR has accumulated about 671.61 M in cash with (3.49 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.88.
Check Storebrand ASA Probability Of Bankruptcy

Storebrand Stock Against Markets

Picking the right benchmark for Storebrand ASA pink sheet 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 Storebrand ASA pink sheet 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 Storebrand ASA is critical whether you are bullish or bearish towards Storebrand ASA ADR at a given time. Please also check how Storebrand ASA's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Storebrand ASA 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.

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Storebrand ASA Corporate Directors

Storebrand ASA corporate directors refer to members of a Storebrand ASA board of directors. The board of directors generally takes responsibility for the Storebrand ASA'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 Storebrand ASA's board members must vote for the resolution. The Storebrand ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Arne HasteinDirector, Employee RepresentativeProfile
Liv SandbaekDirectorProfile
Heidi StorrusteDirector, Employee RepresentativeProfile
Hege HonesdalManaging Director of Storebrand InsuranceProfile

How to buy Storebrand Pink Sheet?

Before investing in Storebrand ASA, 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 Storebrand ASA. To buy Storebrand ASA stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Storebrand ASA. 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 Storebrand ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Storebrand ASA ADR 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 Storebrand ASA ADR 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 Storebrand ASA ADR, 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 Storebrand ASA ADR?

The danger of trading Storebrand ASA ADR 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 Storebrand ASA 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 Storebrand ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Storebrand ASA ADR 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 Storebrand ASA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Storebrand ASA ADR 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Storebrand Pink Sheet analysis

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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Please note, there is a significant difference between Storebrand ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Storebrand ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Storebrand ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.