Sparebank (Norway) Buy Hold or Sell Recommendation

NONG Stock  NOK 95.60  0.20  0.21%   
Assuming the 90 days trading horizon and your slightly conservative level of risk, our recommendation regarding Sparebank 1 Nord Norge is 'Cautious Hold'. Macroaxis provides Sparebank buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NONG positions. The advice algorithm takes into account all of Sparebank's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Sparebank's buy or sell advice are summarized below:
Real Value
94.76
Hype Value
95.6
Market Value
95.6
Naive Value
94.62
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sparebank 1 Nord Norge given historical horizon and risk tolerance towards Sparebank. When Macroaxis issues a 'buy' or 'sell' recommendation for Sparebank 1 Nord Norge, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Sparebank Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Sparebank and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Sparebank 1 Nord Norge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Execute Sparebank Buy or Sell Advice

The Sparebank recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sparebank 1 Nord Norge. Macroaxis does not own or have any residual interests in Sparebank 1 Nord Norge or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sparebank's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell SparebankBuy Sparebank
Cautious Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Above AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Sparebank 1 Nord Norge has a Mean Deviation of 0.8873, Semi Deviation of 1.57, Standard Deviation of 1.72, Variance of 2.96, Downside Variance of 3.7 and Semi Variance of 2.46
Macroaxis provides recommendation on Sparebank 1 Nord-Norge to complement and cross-verify current analyst consensus on Sparebank 1 Nord Norge. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Sparebank 1 Nord-Norge is not overpriced, please validate all Sparebank fundamentals, including its current valuation, shares owned by insiders, and the relationship between the operating margin and shares outstanding .

Sparebank Trading Alerts and Improvement Suggestions

Sparebank has high likelihood to experience some financial distress in the next 2 years

Sparebank Returns Distribution Density

The distribution of Sparebank's historical returns is an attempt to chart the uncertainty of Sparebank's future price movements. The chart of the probability distribution of Sparebank daily returns describes the distribution of returns around its average expected value. We use Sparebank 1 Nord Norge price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sparebank returns is essential to provide solid investment advice for Sparebank.
Mean Return
0.07
Value At Risk
-1.44
Potential Upside
1.38
Standard Deviation
1.72
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sparebank historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Sparebank Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Sparebank or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Sparebank's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Sparebank stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.01
β
Beta against NYSE Composite0.41
σ
Overall volatility
1.73
Ir
Information ratio -0.03

Sparebank Volatility Alert

Sparebank 1 Nord Norge has relatively low volatility with skewness of 0.45 and kurtosis of 17.51. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sparebank's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sparebank's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Sparebank Fundamentals Vs Peers

Comparing Sparebank's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sparebank's direct or indirect competition across all of the common fundamentals between Sparebank and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sparebank or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sparebank's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sparebank by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Sparebank to competition
FundamentalsSparebankPeer Average
Return On Equity0.11-0.31
Return On Asset0.0153-0.14
Profit Margin0.46 %(1.27) %
Operating Margin0.59 %(5.51) %
Current Valuation32.13 B16.62 B
Shares Outstanding100.4 M571.82 M
Shares Owned By Insiders9.93 %10.09 %
Shares Owned By Institutions23.38 %39.21 %
Price To Earning6.77 X28.72 X
Price To Book0.58 X9.51 X
Price To Sales2.18 X11.42 X
Revenue3.77 B9.43 B
Gross Profit4 B27.38 B
EBITDA3.43 B3.9 B
Net Income2.29 B570.98 M
Cash And Equivalents3.72 B2.7 B
Cash Per Share37.03 X5.01 X
Total Debt22.09 B5.32 B
Book Value Per Share158.31 X1.93 K
Cash Flow From Operations2.83 B971.22 M
Earnings Per Share8.33 X3.12 X
Target Price101.4
Number Of Employees85218.84 K
Beta0.86-0.15
Market Capitalization9.58 B19.03 B
Total Asset119.18 B29.47 B
Retained Earnings5.45 B9.33 B
Working Capital(50.15 B)1.48 B
Current Asset4.21 B9.34 B
Current Liabilities54.36 B7.9 B
Annual Yield0.09 %
Five Year Return5.08 %
Net Asset119.18 B

Sparebank Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sparebank . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Sparebank Buy or Sell Advice

When is the right time to buy or sell Sparebank 1 Nord Norge? Buying financial instruments such as Sparebank Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Sparebank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Absolute Returns ETFs Thematic Idea Now

Absolute Returns ETFs
Absolute Returns ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Absolute Returns ETFs theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Absolute Returns ETFs Theme or any other thematic opportunities.
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Check out Sparebank Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Please note, there is a significant difference between Sparebank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparebank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparebank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.