Storebrand ASA (Norway) Today
| STB Stock | NOK 95.00 0.70 0.74% |
Performance5 of 100
| Odds Of DistressLess than 40
|
Storebrand ASA is selling for 95.00 as of the 18th of April 2024. This is a 0.74 percent increase since the beginning of the trading day. The stock's lowest day price was 94.45. Storebrand ASA has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Storebrand ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Storebrand ASA, through its subsidiaries, primarily provides insurance products and services for private individuals, companies, municipalities, and public sector in Norway and Sweden. Storebrand ASA was founded in 1767 and is headquartered in Lysaker, Norway. The company has 464.21 M outstanding shares. More on Storebrand ASA
Moving together with Storebrand Stock
| 0.72 | DNB | DnB ASA Earnings Call This Week | PairCorr |
| 0.67 | SRBNK | Sparebank 1 SR Earnings Call This Week | PairCorr |
Storebrand Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Storebrand ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Storebrand ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Didrik Munch |
| Business Concentration | Financials, Insurance, Insurance - Life, Financial Services (View all Sectors) |
Storebrand ASA (STB) is traded on Oslo Stock Exchange in Norway and employs 2,161 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 39.47 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Storebrand ASA's market, we take the total number of its shares issued and multiply it by Storebrand ASA'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. Storebrand ASA operates under Insurance sector and is part of Financials industry. The entity has 464.21 M outstanding shares.
Storebrand ASA has accumulated about 4.81 B in cash with 661 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.31.
Check Storebrand ASA Probability Of Bankruptcy
Ownership AllocationStorebrand ASA maintains a total of 464.21 Million outstanding shares. Over half of Storebrand ASA's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Storebrand ASA. Please watch out for any change in the institutional holdings of Storebrand ASA as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Storebrand Ownership Details
Storebrand Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Storebrand ASA jumping above the current price in 90 days from now is about 10.09%. The Storebrand ASA probability density function shows the probability of Storebrand ASA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Storebrand ASA has a beta of -0.0056. This usually implies as returns on the benchmark increase, returns on holding Storebrand ASA are expected to decrease at a much lower rate. During a bear market, however, Storebrand ASA is likely to outperform the market. Additionally, storebrand ASA has an alpha of 0.0793, implying that it can generate a 0.0793 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Storebrand ASA to move above the current price in 90 days from now is about 10.09 (This Storebrand ASA probability density function shows the probability of Storebrand Stock to fall within a particular range of prices over 90 days) .
Storebrand ASA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Storebrand ASA market risk premium is the additional return an investor will receive from holding Storebrand ASA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Storebrand ASA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Storebrand ASA's alpha and beta are two of the key measurements used to evaluate Storebrand ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6948 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.27 |
Storebrand Stock Against Markets
Picking the right benchmark for Storebrand ASA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Storebrand ASA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Storebrand ASA is critical whether you are bullish or bearish towards Storebrand ASA at a given time. Please also check how Storebrand ASA's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Storebrand ASA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Storebrand ASA Corporate Directors
Storebrand ASA corporate directors refer to members of a Storebrand ASA board of directors. The board of directors generally takes responsibility for the Storebrand ASA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Storebrand ASA's board members must vote for the resolution. The Storebrand ASA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Arne Hastein | Director, Employee Representative | Profile | |
| Liv Sandbaek | Director | Profile | |
| Heidi Storruste | Director, Employee Representative | Profile | |
| Hege Honesdal | Managing Director of Storebrand Insurance | Profile |
How to buy Storebrand Stock?
Before investing in Storebrand ASA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Storebrand ASA. To buy Storebrand ASA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Storebrand ASA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Storebrand ASA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Storebrand ASA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Storebrand ASA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Storebrand ASA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Storebrand ASA?
The danger of trading Storebrand ASA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Storebrand ASA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Storebrand ASA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Storebrand ASA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Storebrand ASA. 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. Note that the Storebrand ASA information on this page should be used as a complementary analysis to other Storebrand ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Storebrand Stock analysis
When running Storebrand ASA's price analysis, check to measure Storebrand ASA'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 Storebrand ASA is operating at the current time. Most of Storebrand ASA's value examination focuses on studying past and present price action to predict the probability of Storebrand ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storebrand ASA's price. Additionally, you may evaluate how the addition of Storebrand ASA to your portfolios can decrease your overall portfolio volatility.
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