Totens Sparebank (Norway) Today
| TOTG Stock | NOK 228.00 1.00 0.44% |
Performance5 of 100
| Odds Of DistressOver 54
|
Totens Sparebank is selling for 228.00 as of the 19th of April 2024. This is a -0.44% down since the beginning of the trading day. The stock's lowest day price was 228.0. Totens Sparebank has 54 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Totens Sparebank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Totens Sparebank provides various banking and financial products and services in Norway. Totens Sparebank was founded in 1854 and is headquartered in Lena, Norway. TOTENS SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. The company has 6.12 M outstanding shares. More on Totens Sparebank
Moving together with Totens Stock
| 0.72 | SRBNK | Sparebank 1 SR Earnings Call This Week | PairCorr |
| 0.61 | TEL | Telenor ASA | PairCorr |
| 0.63 | SVEG | Sparebanken Vest | PairCorr |
| 0.74 | MING | Sparebank 1 SMN | PairCorr |
| 0.84 | NHY | Norsk Hydro ASA Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Totens 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. Totens Sparebank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Totens Sparebank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chief Executive Officer | Rolf Delingsrud |
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
Totens Sparebank (TOTG) is traded on Oslo Stock Exchange in Norway and employs 90 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Totens Sparebank's market, we take the total number of its shares issued and multiply it by Totens 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. Totens Sparebank operates under Banks sector and is part of Financials industry. The entity has 6.12 M outstanding shares.
Totens Sparebank has accumulated about 2.59 B in cash with (1.94 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 423.29.
Check Totens Sparebank Probability Of Bankruptcy
Ownership AllocationTotens Sparebank maintains a total of 6.12 Million outstanding shares. Totens Sparebank maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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 Totens Ownership Details
Totens Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Totens Sparebank jumping above the current price in 90 days from now is nearly 4.26%. The Totens Sparebank probability density function shows the probability of Totens Sparebank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Totens Sparebank has a beta of -0.452. This usually implies as returns on the benchmark increase, returns on holding Totens Sparebank are expected to decrease at a much lower rate. During a bear market, however, Totens Sparebank is likely to outperform the market. Additionally, totens Sparebank has an alpha of 0.1444, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Totens Sparebank to move above the current price in 90 days from now is nearly 4.26 (This Totens Sparebank probability density function shows the probability of Totens Stock to fall within a particular range of prices over 90 days) .
Totens Sparebank Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Totens Sparebank market risk premium is the additional return an investor will receive from holding Totens Sparebank 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 Totens Sparebank. 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 Totens Sparebank's alpha and beta are two of the key measurements used to evaluate Totens Sparebank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.34 | |||
| Semi Deviation | 1.71 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.89 |
Totens Stock Against Markets
Picking the right benchmark for Totens Sparebank 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 Totens Sparebank 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 Totens Sparebank is critical whether you are bullish or bearish towards Totens Sparebank at a given time. Please also check how Totens Sparebank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Totens Sparebank 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?
Run Correlation Analysis Now
Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated |
| All Next | Launch Module |
Totens Sparebank Corporate Directors
Totens Sparebank corporate directors refer to members of a Totens Sparebank board of directors. The board of directors generally takes responsibility for the Totens Sparebank'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 Totens Sparebank's board members must vote for the resolution. The Totens Sparebank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Oystein Lovbakke | Director, Employee Representative | Profile | |
| Kjell Nyhus | Director, Employee Representative | Profile | |
| Jan Seierstad | Director, Employee Representative | Profile | |
| Jorn Wroldsen | Director | Profile |
How to buy Totens Stock?
Before investing in Totens Sparebank, 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 Totens Sparebank. To buy Totens Sparebank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Totens Sparebank. 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 Totens Sparebank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Totens Sparebank 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 Totens Sparebank 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 Totens Sparebank, 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 Totens Sparebank?
The danger of trading Totens Sparebank 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 Totens Sparebank 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 Totens Sparebank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Totens Sparebank 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 Totens 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Totens Stock analysis
When running Totens Sparebank's price analysis, check to measure Totens 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 Totens Sparebank is operating at the current time. Most of Totens Sparebank's value examination focuses on studying past and present price action to predict the probability of Totens 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 Totens Sparebank's price. Additionally, you may evaluate how the addition of Totens Sparebank to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |