Romerike Sparebank Financials
| ROMER Stock | 125.80 0.06 0.05% |
Romerike |
Understanding current and past Romerike Sparebank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Romerike Sparebank's financial statements are interrelated, with each one affecting the others. For example, an increase in Romerike Sparebank's assets may result in an increase in income on the income statement.
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010808405 |
| Business Address | Torvet 5, Lillestrm, |
| Sector | Financial Services |
| Industry | Banks-Regional |
| Benchmark | Dow Jones Industrial |
| Website | www.rsbank.no |
| Phone | 47 63 80 42 00 |
You should never invest in Romerike Sparebank without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Romerike Stock, because this is throwing your money away. Analyzing the key information contained in Romerike Sparebank's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Romerike Sparebank Key Financial Ratios
Romerike Sparebank's financial ratios allow both analysts and investors to convert raw data from Romerike Sparebank's financial statements into concise, actionable information that can be used to evaluate the performance of Romerike Sparebank over time and compare it to other companies across industries.| Return On Equity | 0.0774 | |||
| Return On Asset | 0.0092 | |||
| Target Price | 128.0 | |||
| Number Of Employees | 51 | |||
| Beta | 0.29 |
Romerike Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Romerike Sparebank's current stock value. Our valuation model uses many indicators to compare Romerike Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Romerike Sparebank competition to find correlations between indicators driving Romerike Sparebank's intrinsic value. More Info.Romerike Sparebank is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock 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 Romerike Sparebank is roughly 8.41 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Romerike Sparebank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Romerike Sparebank's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Romerike Sparebank Systematic Risk
Romerike Sparebank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Romerike 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 Romerike Sparebank correlated with the market. If Beta is less than 0 Romerike Sparebank generally moves in the opposite direction as compared to the market. If Romerike Sparebank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Romerike Sparebank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Romerike Sparebank is generally in the same direction as the market. If Beta > 1 Romerike Sparebank moves generally in the same direction as, but more than the movement of the benchmark.
Romerike Sparebank Thematic Clasifications
Romerike 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
| Banks | View |
Romerike Sparebank November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Romerike Sparebank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Romerike Sparebank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Romerike Sparebank based on widely used predictive technical indicators. In general, we focus on analyzing Romerike Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Romerike Sparebank's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.63 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 2.26 |
Other Information on Investing in Romerike Stock
Romerike Sparebank financial ratios help investors to determine whether Romerike 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 Romerike with respect to the benefits of owning Romerike Sparebank security.