Jaeren Sparebank (Norway) Price on May 30, 2024
| JAREN Stock | NOK 326.00 1.00 0.31% |
If you're considering investing in Jaeren Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jaeren Sparebank stands at 326.00, as last reported on the 12th of December 2024, with the highest price reaching 326.00 and the lowest price hitting 321.00 during the day. As of now, Jaeren Stock is very steady. Jaeren Sparebank holds Efficiency (Sharpe) Ratio of 0.0775, which attests that the entity had a 0.0775% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jaeren Sparebank, which you can use to evaluate the volatility of the firm. Please check out Jaeren Sparebank's Risk Adjusted Performance of 0.0599, downside deviation of 1.37, and Market Risk Adjusted Performance of 1.17 to validate if the risk estimate we provide is consistent with the expected return of 0.0948%.
Jaeren Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jaeren |
Sharpe Ratio = 0.0775
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Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Jaeren Sparebank is performing at about 6% 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 Jaeren Sparebank by adding it to a well-diversified portfolio.
Jaeren Sparebank Valuation on May 30, 2024
It is possible to determine the worth of Jaeren Sparebank on a given historical date. On May 30, 2024 Jaeren was worth 280.0 at the beginning of the trading date compared to the closed value of 280.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jaeren Sparebank stock. Still, in general, we apply an absolute valuation method to find Jaeren 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 Jaeren Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jaeren Sparebank's related companies.
| Open | High | Low | Close | Volume | |
| 270.00 | 280.00 | 270.00 | 280.00 | 310.00 | |
05/30/2024 | 280.00 | 280.00 | 280.00 | 280.00 | 25.00 |
| 280.00 | 285.00 | 280.00 | 285.00 | 470.00 |
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Jaeren Sparebank Trading Date Momentum on May 30, 2024
| On May 31 2024 Jaeren Sparebank was traded for 285.00 at the closing time. The highest price during the trading period was 285.00 and the lowest recorded bid was listed for 280.00 . The volume for the day was 470. This history from May 31, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.79% . The trading delta at closing time to the current price is 2.50% . |
Jaeren Sparebank Fundamentals Correlations and Trends
By evaluating Jaeren 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 Jaeren Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jaeren financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jaeren Sparebank Stock history
Jaeren 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 Jaeren is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jaeren Sparebank 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 Jaeren Sparebank stock prices may prove useful in developing a viable investing in Jaeren Sparebank
Jren Sparebank provides various financial products and services in Norway. It serves construction, property, trade and services, and agriculture industries. JAEREN SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 61 people.
Jaeren Sparebank Stock Technical Analysis
Jaeren 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
Jaeren Sparebank Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Jaeren Sparebank 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.
Jaeren Sparebank December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Jaeren 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 Jaeren Sparebank shares will generate the highest return on investment. By undertsting and applying Jaeren Sparebank stock market strength indicators, traders can identify Jaeren Sparebank entry and exit signals to maximize returns
Jaeren Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jaeren Sparebank's price direction in advance. Along with the technical and fundamental analysis of Jaeren Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jaeren 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 | 0.0599 | |||
| Jensen Alpha | 0.0756 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.16 |
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Other Information on Investing in Jaeren Stock
Jaeren Sparebank financial ratios help investors to determine whether Jaeren 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 Jaeren with respect to the benefits of owning Jaeren Sparebank security.