Sandnes Sparebank (Norway) Performance
| SADG Stock | NOK 98.71 0.49 0.49% |
Sandnes Sparebank has a performance score of 5 on a scale of 0 to 100. The entity has a beta of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sandnes Sparebank are expected to decrease at a much lower rate. During the bear market, Sandnes Sparebank is likely to outperform the market. Sandnes Sparebank right now has a risk of 1.64%. Please validate Sandnes Sparebank total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Sandnes Sparebank will be following its existing price patterns.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Sandnes Sparebank are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Sandnes Sparebank may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
| Begin Period Cash Flow | 488.6 M | |
| Total Cashflows From Investing Activities | 1 B |
Sandnes |
Sandnes Sparebank Relative Risk vs. Return Landscape
If you would invest 9,299 in Sandnes Sparebank on February 29, 2024 and sell it today you would earn a total of 572.00 from holding Sandnes Sparebank or generate 6.15% return on investment over 90 days. Sandnes Sparebank is generating 0.1178% of daily returns and assumes 1.6428% volatility on return distribution over the 90 days horizon. Simply put, 14% of stocks are less volatile than Sandnes, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Sandnes Sparebank Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sandnes Sparebank's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sandnes Sparebank, and traders can use it to determine the average amount a Sandnes Sparebank's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0717
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| Cash | Small Risk | SADG | High Risk | Huge Risk |
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Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Sandnes Sparebank is performing at about 5% 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 Sandnes Sparebank by adding it to a well-diversified portfolio.
Sandnes Sparebank Fundamentals Growth
Sandnes Stock prices reflect investors' perceptions of the future prospects and financial health of Sandnes Sparebank, and Sandnes Sparebank fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sandnes Stock performance.
| Return On Equity | 0.0823 | |||
| Return On Asset | 0.0086 | |||
| Profit Margin | 0.42 % | |||
| Operating Margin | 0.49 % | |||
| Current Valuation | 11.49 B | |||
| Shares Outstanding | 20.97 M | |||
| Price To Earning | 8.55 X | |||
| Price To Book | 0.58 X | |||
| Price To Sales | 2.85 X | |||
| Revenue | 610.38 M | |||
| EBITDA | 550.47 M | |||
| Cash And Equivalents | 4.72 B | |||
| Cash Per Share | 205.36 X | |||
| Total Debt | 13.21 B | |||
| Book Value Per Share | 161.98 X | |||
| Cash Flow From Operations | 502.47 M | |||
| Earnings Per Share | 8.70 X | |||
| Total Asset | 29.37 B | |||
| Retained Earnings | 917 M | |||
| Current Asset | 869 M | |||
| Current Liabilities | 10.91 B | |||
About Sandnes Sparebank Performance
To evaluate Sandnes Sparebank Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Sandnes Sparebank generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Sandnes Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Sandnes Sparebank market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Sandnes's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Sandnes Sparebank, an independent savings bank, provides a range of banking and investment products to retail and corporate customers in Norway. Sandnes Sparebank was founded in 1875 and is headquartered in Sandnes, Norway. SANDNES SPAREBANK is traded on Oslo Stock Exchange in Norway.Things to note about Sandnes Sparebank performance evaluation
Checking the ongoing alerts about Sandnes Sparebank for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sandnes Sparebank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sandnes Sparebank has high likelihood to experience some financial distress in the next 2 years | |
| About 23.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Sandnes Sparebank's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sandnes Sparebank's stock is overvalued or undervalued compared to its peers.
- Examining Sandnes Sparebank's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sandnes Sparebank's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sandnes Sparebank's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sandnes Sparebank's stock. These opinions can provide insight into Sandnes Sparebank's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sandnes 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Sandnes Stock analysis
When running Sandnes Sparebank's price analysis, check to measure Sandnes 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 Sandnes Sparebank is operating at the current time. Most of Sandnes Sparebank's value examination focuses on studying past and present price action to predict the probability of Sandnes 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 Sandnes Sparebank's price. Additionally, you may evaluate how the addition of Sandnes Sparebank to your portfolios can decrease your overall portfolio volatility.
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