Aasen Sparebank Financials
| AASB Stock | NOK 122.22 5.14 4.39% |
Aasen |
Understanding current and past Aasen Sparebank Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Aasen Sparebank's financial statements are interrelated, with each one affecting the others. For example, an increase in Aasen Sparebank's assets may result in an increase in income on the income statement.
Aasen Sparebank Stock Summary
Aasen Sparebank competes with Grong Sparebank, Melhus Sparebank, Aurskog Sparebank, Sparebanken Ost, and Tysnes Sparebank. Aasen Sparebank provides various banking products and services in Norway. Aasen Sparebank was founded in 1862 and is based in sen, Norway. AASEN SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 30 people.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010672181 |
| Business Address | Stasjonsvegen 1, sen, |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Benchmark | Dow Jones Industrial |
| Website | aasen-sparebank.no |
| Phone | 47 74 08 63 00 |
| Currency | NOK - Kroner |
You should never invest in Aasen Sparebank without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Aasen Stock, because this is throwing your money away. Analyzing the key information contained in Aasen Sparebank's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Aasen Sparebank Key Financial Ratios
There are many critical financial ratios that Aasen Sparebank's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Aasen Sparebank reports annually and quarterly.| Return On Equity | 0.0669 | |||
| Return On Asset | 0.0076 | |||
| Target Price | 119.0 | |||
| Number Of Employees | 33 | |||
| Beta | 0.35 |
Aasen Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Aasen Sparebank's current stock value. Our valuation model uses many indicators to compare Aasen Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aasen Sparebank competition to find correlations between indicators driving Aasen Sparebank's intrinsic value. More Info.Aasen Sparebank is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 0.11 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Aasen Sparebank is roughly 8.80 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aasen Sparebank's earnings, one of the primary drivers of an investment's value.Aasen Sparebank Systematic Risk
Aasen Sparebank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Aasen Sparebank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Aasen Sparebank correlated with the market. If Beta is less than 0 Aasen Sparebank generally moves in the opposite direction as compared to the market. If Aasen Sparebank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Aasen Sparebank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Aasen Sparebank is generally in the same direction as the market. If Beta > 1 Aasen Sparebank moves generally in the same direction as, but more than the movement of the benchmark.
Aasen Sparebank Thematic Clasifications
Aasen Sparebank is part of Banks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All money banks and credit services. Large and small money and credit banks and credit services
This theme covers All money banks and credit services. Large and small money and credit banks and credit services. Get More Thematic Ideas
| Banks | View |
Aasen Sparebank November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Aasen Sparebank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Aasen Sparebank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Aasen Sparebank based on widely used predictive technical indicators. In general, we focus on analyzing Aasen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Aasen Sparebank's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0266 | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 2.23 |
Other Information on Investing in Aasen Stock
Aasen Sparebank financial ratios help investors to determine whether Aasen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aasen with respect to the benefits of owning Aasen Sparebank security.