Sparebanken Vest (Norway) Today
| SVEG Stock | NOK 121.86 3.00 2.52% |
Performance13 of 100
| Odds Of DistressLess than 44
|
Sparebanken Vest is selling for 121.86 as of the 23rd of April 2024. This is a 2.52 percent increase since the beginning of the trading day. The stock's lowest day price was 119.02. Sparebanken Vest has about a 44 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Sparebanken Vest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Hordaland, Rogaland, and Sogn og Fjordane, Norway. The company was founded in 1823 and is headquartered in Bergen, Norway. SPAREBANKEN VEST is traded on Oslo Stock Exchange in Norway.. The company has 109.61 M outstanding shares. More on Sparebanken Vest
Moving together with Sparebanken Stock
| 0.75 | SDRL | Seadrill | PairCorr |
| 0.72 | SCHB | Schibsted ASA B | PairCorr |
Moving against Sparebanken Stock
| 0.67 | PRS | Prosafe SE | PairCorr |
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 Vest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sparebanken Vest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Trygve Bruvik |
| Business Concentration | Financials, Banks, Banks - Regional - Europe, Financial Services (View all Sectors) |
Sparebanken Vest (SVEG) is traded on Oslo Stock Exchange in Norway and employs 755 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 10.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sparebanken Vest's market, we take the total number of its shares issued and multiply it by Sparebanken Vest'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 Vest operates under Banks sector and is part of Financials industry. The entity has 109.61 M outstanding shares.
Sparebanken Vest has accumulated about 3.22 B in cash with 2.16 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 51.74.
Check Sparebanken Vest Probability Of Bankruptcy
Ownership AllocationSparebanken Vest shows a total of 109.61 Million outstanding shares. Sparebanken Vest 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. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sparebanken Ownership Details
Sparebanken Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Sparebanken Vest jumping above the current price in 90 days from now is nearly 4.59%. The Sparebanken Vest probability density function shows the probability of Sparebanken Vest stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sparebanken Vest has a beta of -0.0285. This usually implies as returns on the benchmark increase, returns on holding Sparebanken Vest are expected to decrease at a much lower rate. During a bear market, however, Sparebanken Vest is likely to outperform the market. Additionally, sparebanken Vest has an alpha of 0.3016, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sparebanken Vest to move above the current price in 90 days from now is nearly 4.59 (This Sparebanken Vest probability density function shows the probability of Sparebanken Stock to fall within a particular range of prices over 90 days) .
Sparebanken Vest Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sparebanken Vest market risk premium is the additional return an investor will receive from holding Sparebanken Vest 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 Vest. 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 Vest's alpha and beta are two of the key measurements used to evaluate Sparebanken Vest's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.0 | |||
| Semi Deviation | 0.8681 | |||
| Standard Deviation | 1.61 | |||
| Variance | 2.59 |
Sparebanken Stock Against Markets
Picking the right benchmark for Sparebanken Vest 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 Vest 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 Vest is critical whether you are bullish or bearish towards Sparebanken Vest at a given time. Please also check how Sparebanken Vest's historical prices are related to one of the top price index indicators.
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Sparebanken Vest Corporate Directors
Sparebanken Vest corporate directors refer to members of a Sparebanken Vest board of directors. The board of directors generally takes responsibility for the Sparebanken Vest'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 Vest's board members must vote for the resolution. The Sparebanken Vest board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| BerteElen Konow | Director | Profile | |
| Siren Sundland | Director of Operational Services | Profile | |
| Birthe Lange | Director | Profile | |
| Magne Morken | Director | Profile |
How to buy Sparebanken Stock?
Before investing in Sparebanken Vest, 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 Vest. To buy Sparebanken Vest stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sparebanken Vest. 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 Vest stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sparebanken Vest 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 Vest 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 Vest, 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 Vest?
The danger of trading Sparebanken Vest 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 Vest 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 Vest. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sparebanken Vest 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 Vest. 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Sparebanken Stock analysis
When running Sparebanken Vest's price analysis, check to measure Sparebanken Vest'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 Vest is operating at the current time. Most of Sparebanken Vest's value examination focuses on studying past and present price action to predict the probability of Sparebanken Vest'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 Vest's price. Additionally, you may evaluate how the addition of Sparebanken Vest to your portfolios can decrease your overall portfolio volatility.
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