Sparebank (Norway) Today
| SRBNK Stock | NOK 131.00 0.40 0.30% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Sparebank is selling at 131.00 as of the 28th of April 2024; that is -0.3 percent down since the beginning of the trading day. The stock's open price was 131.4. Sparebank has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Sparebank 1 SR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2024 and ending today, the 28th of April 2024. Click here to learn more.
SpareBank 1 SR-Bank ASA, together with its subsidiaries, provides various financial products and services for personal and corporate customers in Southern and Western Norway. SpareBank 1 SR-Bank ASA was founded in 18 and is headquartered in Stavanger, Norway. The company has 255.72 M outstanding shares. More on Sparebank 1 SR
Moving together with Sparebank Stock
| 0.69 | SCHB | Schibsted ASA B | PairCorr |
Moving against Sparebank Stock
| 0.59 | MEDI | Medistim ASA | PairCorr |
Follow Valuation Odds of Bankruptcy
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Sparebank 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. Sparebank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sparebank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Financials, Banks, Banks—Regional, Financial Services (View all Sectors) |
Sparebank 1 SR (SRBNK) is traded on Oslo Stock Exchange in Norway and employs 1,600 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 31.45 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sparebank's market, we take the total number of its shares issued and multiply it by 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. Sparebank 1 SR operates under Banks sector and is part of Financials industry. The entity has 255.72 M outstanding shares.
Sparebank 1 SR has accumulated about 8.02 B in cash with (15.65 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.68.
Check Sparebank Probability Of Bankruptcy
Ownership AllocationSparebank 1 SR shows a total of 255.72 Million outstanding shares. Sparebank 1 SR 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. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Sparebank Ownership Details
Sparebank Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Sparebank jumping above the current price in 90 days from now is about 5.68%. The Sparebank 1 SR probability density function shows the probability of Sparebank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Sparebank has a beta of 0.0653. This usually implies as returns on the market go up, Sparebank average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sparebank 1 SR will be expected to be much smaller as well. Additionally, sparebank 1 SR has an alpha of 0.083, implying that it can generate a 0.083 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Sparebank to move above the current price in 90 days from now is about 5.68 (This Sparebank 1 SR probability density function shows the probability of Sparebank Stock to fall within a particular range of prices over 90 days) .
Sparebank 1 SR Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sparebank market risk premium is the additional return an investor will receive from holding 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 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 Sparebank's alpha and beta are two of the key measurements used to evaluate Sparebank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.9116 | |||
| Semi Deviation | 1.49 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.26 |
Sparebank Stock Against Markets
Picking the right benchmark for 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 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 Sparebank is critical whether you are bullish or bearish towards Sparebank 1 SR at a given time. Please also check how 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 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?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
| All Next | Launch Module |
Sparebank Corporate Management
Elected by the shareholders, the Sparebank's board of directors comprises two types of representatives: Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sparebank. The board's role is to monitor Sparebank's management team and ensure that shareholders' interests are well served. Sparebank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nina Edvardsen | Sustainability People | Profile | |
| Signe Helliesen | Ex Compliance | Profile | |
| Ella Skjorestad | Insight Services | Profile | |
| Tore Medhus | Ex Corp | Profile | |
| Frode B | Ex Management | Profile | |
| Roger Antonesen | Ex Market | Profile | |
| Inge Reinertsen | Chief Officer | Profile |
How to buy Sparebank Stock?
Before investing in 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 Sparebank. To buy Sparebank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of 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 Sparebank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sparebank 1 SR 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 Sparebank 1 SR 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 Sparebank 1 SR, 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 Sparebank 1 SR?
The danger of trading Sparebank 1 SR 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 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 Sparebank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sparebank 1 SR 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 Sparebank 1 SR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Sparebank Stock analysis
When running Sparebank's price analysis, check to measure 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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of 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 Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.
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