Bien Sparebank (Norway) Price on October 31, 2024
| BIEN Stock | 124.00 1.00 0.81% |
If you're considering investing in Bien Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bien Sparebank stands at 124.00, as last reported on the 11th of December 2024, with the highest price reaching 127.00 and the lowest price hitting 124.00 during the day. Bien Sparebank appears to be very steady, given 3 months investment horizon. Bien Sparebank ASA secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27% return per unit of standard deviation over the last 3 months. By analyzing Bien Sparebank's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please makes use of Bien Sparebank's mean deviation of 1.24, and Risk Adjusted Performance of 0.2036 to double-check if our risk estimates are consistent with your expectations.
Bien Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bien |
Sharpe Ratio = 0.2732
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Bien Sparebank is performing at about 21% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bien Sparebank by adding it to a well-diversified portfolio.
Bien Sparebank Valuation on October 31, 2024
It is possible to determine the worth of Bien Sparebank on a given historical date. On October 31, 2024 Bien was worth 109.0 at the beginning of the trading date compared to the closed value of 109.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bien Sparebank stock. Still, in general, we apply an absolute valuation method to find Bien Sparebank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bien Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bien Sparebank's related companies.
| Open | High | Low | Close | Volume | |
| 108.00 | 109.00 | 108.00 | 109.00 | 10.00 | |
10/31/2024 | 109.00 | 109.00 | 109.00 | 109.00 | 169.00 |
| 107.00 | 109.00 | 107.00 | 109.00 | 68.00 |
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Bien Sparebank Trading Date Momentum on October 31, 2024
| On November 01 2024 Bien Sparebank ASA was traded for 109.00 at the closing time. The highest price during the trading period was 109.00 and the lowest recorded bid was listed for 107.00 . The volume for the day was 68.0. This history from November 1, 2024 did not affect price variability. The overall trading delta to the current price is 5.50% . |
Bien Sparebank ASA Fundamentals Correlations and Trends
By evaluating Bien Sparebank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bien Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bien financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bien Sparebank Stock history
Bien Sparebank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bien is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bien Sparebank ASA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bien Sparebank stock prices may prove useful in developing a viable investing in Bien Sparebank
Bien Sparebank Stock Technical Analysis
Bien Sparebank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Bien Sparebank Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Bien Sparebank ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Bien Sparebank December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Bien Sparebank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bien Sparebank shares will generate the highest return on investment. By undertsting and applying Bien Sparebank stock market strength indicators, traders can identify Bien Sparebank ASA entry and exit signals to maximize returns
Bien Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bien Sparebank's price direction in advance. Along with the technical and fundamental analysis of Bien Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bien to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2036 | |||
| Jensen Alpha | 0.4421 | |||
| Total Risk Alpha | 0.1979 | |||
| Sortino Ratio | 0.197 | |||
| Treynor Ratio | 1.32 |
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Other Information on Investing in Bien Stock
Bien Sparebank financial ratios help investors to determine whether Bien 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 Bien with respect to the benefits of owning Bien Sparebank security.