Storebrand ASA (Norway) Alpha and Beta Analysis
| STB Stock | NOK 106.90 0.20 0.19% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Storebrand ASA. It also helps investors analyze the systematic and unsystematic risks associated with investing in Storebrand ASA over a specified time horizon. Remember, high Storebrand ASA's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Storebrand ASA's market risk premium analysis include:
Beta (0.03) | Alpha 0.21 | Risk 1.48 | Sharpe Ratio 0.18 | Expected Return 0.27 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Storebrand |
Storebrand ASA Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible 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. Alpha and beta are two of the key measurements used to evaluate Storebrand ASA's performance over market.| α | 0.21 | β | -0.03 |
Storebrand ASA expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Storebrand ASA's Buy-and-hold return. Our buy-and-hold chart shows how Storebrand ASA performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Storebrand ASA Market Price Analysis
Market price analysis indicators help investors to evaluate how Storebrand ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Storebrand ASA shares will generate the highest return on investment. By understating and applying Storebrand ASA stock market price indicators, traders can identify Storebrand ASA position entry and exit signals to maximize returns.
Storebrand ASA Return and Market Media
The median price of Storebrand ASA for the period between Thu, Feb 1, 2024 and Wed, May 1, 2024 is 93.19 with a coefficient of variation of 4.6. The daily time series for the period is distributed with a sample standard deviation of 4.31, arithmetic mean of 93.69, and mean deviation of 2.95. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
| Timeline |
About Storebrand ASA Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Storebrand or other stocks. Alpha measures the amount that position in Storebrand ASA has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Storebrand ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Storebrand ASA's short interest history, or implied volatility extrapolated from Storebrand ASA options trading.
Build Portfolio with Storebrand ASA
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Storebrand ASA Backtesting, Storebrand ASA Valuation, Storebrand ASA Correlation, Storebrand ASA Hype Analysis, Storebrand ASA Volatility, Storebrand ASA History and analyze Storebrand ASA Performance. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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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Storebrand ASA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.