Melhus Sparebank Financials
| MELG Stock | NOK 159.00 2.50 1.55% |
Melhus |
Understanding current and past Melhus Sparebank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Melhus Sparebank's financial statements are interrelated, with each one affecting the others. For example, an increase in Melhus Sparebank's assets may result in an increase in income on the income statement.
Melhus Sparebank Stock Summary
Melhus Sparebank competes with Sparebank, Aurskog Sparebank, and Helgeland Sparebank. Melhus Sparebank, a savings bank, provides various banking products and services to businesses and agriculture customers, and private individuals in Norway. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway. MELHUS SPAREBANK is traded on Oslo Stock Exchange in Norway.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0006001908 |
| Business Address | Rdhusvegen 3, Melhus, |
| Sector | Thrifts & Mortgage Finance |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.melhusbanken.no |
| Phone | 47 72 87 80 00 |
| Currency | NOK - Kroner |
You should never invest in Melhus Sparebank without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Melhus Stock, because this is throwing your money away. Analyzing the key information contained in Melhus Sparebank's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Melhus Sparebank Key Financial Ratios
There are many critical financial ratios that Melhus Sparebank's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Melhus Sparebank reports annually and quarterly.| Return On Equity | 0.0875 | |||
| Return On Asset | 0.0102 | |||
| Target Price | 166.0 | |||
| Number Of Employees | 68 | |||
| Beta | 0.26 |
Melhus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Melhus Sparebank's current stock value. Our valuation model uses many indicators to compare Melhus Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Melhus Sparebank competition to find correlations between indicators driving Melhus Sparebank's intrinsic value. More Info.Melhus Sparebank is regarded fourth in return on equity category among its peers. It also is regarded fourth in return on asset category among its peers reporting about 0.12 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Melhus Sparebank is roughly 8.58 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Melhus Sparebank's earnings, one of the primary drivers of an investment's value.Melhus Sparebank Systematic Risk
Melhus Sparebank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Melhus Sparebank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Melhus Sparebank correlated with the market. If Beta is less than 0 Melhus Sparebank generally moves in the opposite direction as compared to the market. If Melhus Sparebank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Melhus Sparebank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Melhus Sparebank is generally in the same direction as the market. If Beta > 1 Melhus Sparebank moves generally in the same direction as, but more than the movement of the benchmark.
Melhus Sparebank Thematic Clasifications
Melhus Sparebank is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
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Melhus Sparebank November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Melhus Sparebank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Melhus Sparebank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Melhus Sparebank based on widely used predictive technical indicators. In general, we focus on analyzing Melhus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Melhus Sparebank's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.08 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.28 | |||
| Value At Risk | (1.28) | |||
| Potential Upside | 1.25 |
Other Information on Investing in Melhus Stock
Melhus Sparebank financial ratios help investors to determine whether Melhus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Melhus with respect to the benefits of owning Melhus Sparebank security.