Sparebanken Vest Financials
| SVEG Stock | NOK 138.06 1.06 0.77% |
Sparebanken |
Sparebanken Vest Stock Summary
Sparebanken Vest competes with Sparebank, Sparebank, Storebrand ASA, Pareto Bank, and SpareBank. 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.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0006000900 |
| Business Address | Jonsvollsgaten 2, Bergen, |
| Sector | Banks |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | www.spv.no |
| Phone | 47 91 50 55 55 |
| Currency | NOK - Kroner |
You should never invest in Sparebanken Vest without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sparebanken Stock, because this is throwing your money away. Analyzing the key information contained in Sparebanken Vest's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sparebanken Vest Key Financial Ratios
There are many critical financial ratios that Sparebanken Vest's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sparebanken Vest reports annually and quarterly.| Return On Equity | 0.14 | |||
| Return On Asset | 0.0113 | |||
| Target Price | 112.67 | |||
| Number Of Employees | 755 | |||
| Beta | 0.79 |
Sparebanken Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sparebanken Vest's current stock value. Our valuation model uses many indicators to compare Sparebanken Vest value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sparebanken Vest competition to find correlations between indicators driving Sparebanken Vest's intrinsic value. More Info.Sparebanken Vest is currently regarded as top stock in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sparebanken Vest is roughly 11.96 . 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 Sparebanken Vest's earnings, one of the primary drivers of an investment's value.Sparebanken Vest Systematic Risk
Sparebanken Vest's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sparebanken Vest 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 Sparebanken Vest correlated with the market. If Beta is less than 0 Sparebanken Vest generally moves in the opposite direction as compared to the market. If Sparebanken Vest Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sparebanken Vest is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sparebanken Vest is generally in the same direction as the market. If Beta > 1 Sparebanken Vest moves generally in the same direction as, but more than the movement of the benchmark.
Sparebanken Vest December 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sparebanken Vest help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sparebanken Vest. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sparebanken Vest based on widely used predictive technical indicators. In general, we focus on analyzing Sparebanken Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sparebanken Vest's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7924 | |||
| Information Ratio | 0.03 | |||
| Maximum Drawdown | 6.38 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.75 |
Other Information on Investing in Sparebanken Stock
Sparebanken Vest financial ratios help investors to determine whether Sparebanken 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 Sparebanken with respect to the benefits of owning Sparebanken Vest security.