SpareBank (Norway) Price on November 27, 2024
| SB1NO Stock | 143.60 0.60 0.42% |
If you're considering investing in SpareBank Stock, it is important to understand the factors that can impact its price. As of today, the current price of SpareBank stands at 143.60, as last reported on the 25th of December, with the highest price reaching 145.00 and the lowest price hitting 143.00 during the day. As of now, SpareBank Stock is very steady. SpareBank 1 Sr owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for SpareBank 1 Sr Norge, which you can use to evaluate the volatility of the company. Please validate SpareBank's Risk Adjusted Performance of 0.078, coefficient of variation of 1065.09, and Semi Deviation of 1.05 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
SpareBank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SpareBank |
Sharpe Ratio = 0.1094
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Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average SpareBank is performing at about 8% 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 SpareBank by adding it to a well-diversified portfolio.
SpareBank Valuation on November 27, 2024
It is possible to determine the worth of SpareBank on a given historical date. On November 27, 2024 SpareBank was worth 143.0 at the beginning of the trading date compared to the closed value of 144.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SpareBank stock. Still, in general, we apply an absolute valuation method to find 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 SpareBank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SpareBank's related companies.
| Open | High | Low | Close | Volume | |
| 147.00 | 147.00 | 142.20 | 143.20 | 230,181 | |
11/27/2024 | 143.00 | 145.00 | 142.40 | 144.20 | 266,328 |
| 144.40 | 146.40 | 143.40 | 145.00 | 150,495 |
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SpareBank Trading Date Momentum on November 27, 2024
| On November 28 2024 SpareBank 1 Sr Norge was traded for 145.00 at the closing time. The highest price during the trading period was 146.40 and the lowest recorded bid was listed for 143.40 . The volume for the day was 150.5 K. This history from November 28, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 0.55% . The trading price change to the current price is 0.55% . |
Price Boundaries
SpareBank Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
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SpareBank December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how 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 SpareBank shares will generate the highest return on investment. By undertsting and applying SpareBank stock market strength indicators, traders can identify SpareBank 1 Sr Norge entry and exit signals to maximize returns
SpareBank Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SpareBank's price direction in advance. Along with the technical and fundamental analysis of SpareBank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SpareBank 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.