Nidaros Sparebank (Norway) Price on December 12, 2024
| NISB Stock | NOK 101.00 0.80 0.79% |
If you're considering investing in Nidaros Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nidaros Sparebank stands at 101.00, as last reported on the 16th of December 2024, with the highest price reaching 101.80 and the lowest price hitting 100.34 during the day. As of now, Nidaros Stock is very steady. Nidaros Sparebank has Sharpe Ratio of 0.0377, which conveys that the firm had a 0.0377% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nidaros Sparebank, which you can use to evaluate the volatility of the firm. Please verify Nidaros Sparebank's Mean Deviation of 0.5872, risk adjusted performance of 0.0574, and Downside Deviation of 1.32 to check out if the risk estimate we provide is consistent with the expected return of 0.0457%.
Nidaros Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nidaros |
Sharpe Ratio = 0.0377
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nidaros Sparebank is performing at about 2% 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 Nidaros Sparebank by adding it to a well-diversified portfolio.
Nidaros Sparebank Valuation on December 12, 2024
It is possible to determine the worth of Nidaros Sparebank on a given historical date. On December 12, 2024 Nidaros was worth 100.34 at the beginning of the trading date compared to the closed value of 101.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nidaros Sparebank stock. Still, in general, we apply an absolute valuation method to find Nidaros 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 Nidaros Sparebank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nidaros Sparebank's related companies.
| Open | High | Low | Close | Volume | |
| 100.34 | 101.80 | 100.34 | 101.80 | 137.00 | |
12/12/2024 | 100.34 | 101.80 | 100.34 | 101.80 | 137.00 |
| 100.34 | 101.80 | 100.34 | 101.00 | 50.00 |
| Backtest Nidaros Sparebank | | | Nidaros Sparebank History | | | Nidaros Sparebank Valuation | Previous | Next |
Nidaros Sparebank Trading Date Momentum on December 12, 2024
| On December 13 2024 Nidaros Sparebank was traded for 101.00 at the closing time. The highest price during the trading period was 101.80 and the lowest recorded bid was listed for 100.34 . The volume for the day was 50.0. This history from December 13, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.79% . The trading delta at closing time to the current price is 1.43% . |
Nidaros Sparebank Fundamentals Correlations and Trends
By evaluating Nidaros 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 Nidaros Sparebank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nidaros financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nidaros Sparebank Stock history
Nidaros 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 Nidaros is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nidaros 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 Nidaros Sparebank stock prices may prove useful in developing a viable investing in Nidaros 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.
Nidaros Sparebank Stock Technical Analysis
Nidaros 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
Nidaros Sparebank Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Nidaros 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.
Nidaros Sparebank December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Nidaros 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 Nidaros Sparebank shares will generate the highest return on investment. By undertsting and applying Nidaros Sparebank stock market strength indicators, traders can identify Nidaros Sparebank entry and exit signals to maximize returns
Nidaros Sparebank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nidaros Sparebank's price direction in advance. Along with the technical and fundamental analysis of Nidaros Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nidaros 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 | 0.0574 | |||
| Jensen Alpha | 0.056 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2818 |
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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.