Nidaros Sparebank Financials
| NISB Stock | NOK 101.00 0.80 0.79% |
Nidaros |
Nidaros Sparebank Stock Summary
Nidaros Sparebank competes with DnB ASA, Sparebank, Sparebanken Mre, Sparebank, and Helgeland Sparebank. Nidaros Sparebank, a savings bank, provides loans, savings, insurance, pension products, and payment services for private and corporate customers in Norway. The company was founded in 1858 and is based in Klbu, Norway. NIDAROS SPAREBANK is traded on Oslo Stock Exchange in Norway.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010733082 |
| Business Address | Nordalsvegen 2, Klbu, |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Benchmark | Dow Jones Industrial |
| Website | nidaros-sparebank.no |
| Phone | 47 72 83 00 00 |
| Currency | NOK - Kroner |
You should never invest in Nidaros Sparebank without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nidaros Stock, because this is throwing your money away. Analyzing the key information contained in Nidaros Sparebank's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nidaros Sparebank Key Financial Ratios
There are many critical financial ratios that Nidaros Sparebank's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nidaros Sparebank reports annually and quarterly.| Return On Equity | 0.0402 | |||
| Return On Asset | 0.005 | |||
| Target Price | 117.0 | |||
| Number Of Employees | 23 | |||
| Beta | -0.0352 |
Nidaros Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nidaros Sparebank's current stock value. Our valuation model uses many indicators to compare Nidaros Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nidaros Sparebank competition to find correlations between indicators driving Nidaros Sparebank's intrinsic value. More Info.Nidaros Sparebank is regarded second in return on equity category among its peers. It also is regarded second 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 Nidaros Sparebank is roughly 8.04 . 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 Nidaros Sparebank's earnings, one of the primary drivers of an investment's value.Nidaros Sparebank Systematic Risk
Nidaros Sparebank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nidaros 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Nidaros Sparebank correlated with the market. If Beta is less than 0 Nidaros Sparebank generally moves in the opposite direction as compared to the market. If Nidaros Sparebank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nidaros Sparebank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nidaros Sparebank is generally in the same direction as the market. If Beta > 1 Nidaros Sparebank moves generally in the same direction as, but more than the movement of the benchmark.
Nidaros Sparebank Thematic Clasifications
Nidaros 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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Nidaros Sparebank December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nidaros Sparebank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nidaros Sparebank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nidaros Sparebank based on widely used predictive technical indicators. In general, we focus on analyzing Nidaros Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nidaros Sparebank's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.0 |
Other Information on Investing in Nidaros Stock
Nidaros Sparebank financial ratios help investors to determine whether Nidaros 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 Nidaros with respect to the benefits of owning Nidaros Sparebank security.