Melhus Sparebank (Norway) Analysis

Melhus Stock Analysis Notes

About 44.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.35. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Melhus Sparebank recorded earning per share (EPS) of 13.61. The entity last dividend was issued on the 11th of March 2022. The firm had 856:853 split on the 23rd of October 2017. Melhus Sparebank, a savings bank, provides various banking products and services to businesses and agriculture customers, and private individuals in Norway. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway. MELHUS SPAREBANK is traded on Oslo Stock Exchange in Norway. To find out more about Melhus Sparebank contact the company at 47 72 87 80 00 or learn more at https://www.melhusbanken.no.

Melhus Sparebank Investment Alerts

Melhus Sparebank Thematic Classifications

Melhus Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 485.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Melhus Sparebank's market, we take the total number of its shares issued and multiply it by Melhus Sparebank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Melhus Profitablity

The company has Profit Margin (PM) of 0.43 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.51 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.51.

Technical Drivers

As of the 25th of April, Melhus Sparebank secures the Downside Deviation of 1.48, risk adjusted performance of 0.0331, and Mean Deviation of 0.5751. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Melhus Sparebank, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Melhus Sparebank, which can be compared to its peers in the industry. Please verify Melhus Sparebank standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Melhus Sparebank is priced some-what accurately, providing market reflects its recent price of 153.0 per share.

Melhus Sparebank Price Movement Analysis

Melhus Sparebank Predictive Daily Indicators

Melhus Sparebank Forecast Models

Melhus Sparebank's time-series forecasting models are one of many Melhus Sparebank's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Melhus Sparebank's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Melhus Sparebank prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Melhus shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Melhus Sparebank. By using and applying Melhus Stock analysis, traders can create a robust methodology for identifying Melhus entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melhus Sparebank. 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. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

When running Melhus Sparebank's price analysis, check to measure Melhus Sparebank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Melhus Sparebank is operating at the current time. Most of Melhus Sparebank's value examination focuses on studying past and present price action to predict the probability of Melhus Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melhus Sparebank's price. Additionally, you may evaluate how the addition of Melhus Sparebank to your portfolios can decrease your overall portfolio volatility.