TYSNES SPAREBANK (Germany) Price on January 15, 2025
8QC Stock | EUR 9.38 0.06 0.64% |
If you're considering investing in TYSNES Stock, it is important to understand the factors that can impact its price. As of today, the current price of TYSNES SPAREBANK stands at 9.38, as last reported on the 31st of January, with the highest price reaching 9.38 and the lowest price hitting 9.38 during the day. TYSNES SPAREBANK owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0911, which indicates the firm had a -0.0911 % return per unit of standard deviation over the last 3 months. TYSNES SPAREBANK NK exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TYSNES SPAREBANK's variance of 1.41, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide.
TYSNES Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
TYSNES |
Sharpe Ratio = -0.0911
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Estimated Market Risk
1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TYSNES SPAREBANK is not performing at its full potential. However, 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 TYSNES SPAREBANK by adding TYSNES SPAREBANK to a well-diversified portfolio.
TYSNES SPAREBANK Valuation on January 15, 2025
It is possible to determine the worth of TYSNES SPAREBANK on a given historical date. On January 15, 2025 TYSNES was worth 9.56 at the beginning of the trading date compared to the closed value of 9.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TYSNES SPAREBANK stock. Still, in general, we apply an absolute valuation method to find TYSNES SPAREBANK's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TYSNES SPAREBANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TYSNES SPAREBANK's related companies.
Open | High | Low | Close | Volume | |
9.61 | 9.61 | 9.61 | 9.61 | 38.00 | |
01/15/2025 | 9.56 | 9.56 | 9.56 | 9.56 | 1.00 |
9.59 | 9.59 | 9.59 | 9.59 | 38.00 |
Backtest TYSNES SPAREBANK | | | TYSNES SPAREBANK History | | | TYSNES SPAREBANK Valuation | Previous | Next |
TYSNES SPAREBANK Trading Date Momentum on January 15, 2025
On January 16 2025 TYSNES SPAREBANK NK was traded for 9.59 at the closing time. The highest daily price throughout the period was 9.59 and the lowest price was 9.59 . The daily volume was 38.0. The net trading volume on 01/16/2025 added to the next day price rise. The daily price change to closing price of the next trading day was 0.31% . The trading price change to current closing price is 1.36% . |
TYSNES SPAREBANK Fundamentals Correlations and Trends
By evaluating TYSNES SPAREBANK's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TYSNES SPAREBANK's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TYSNES financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TYSNES SPAREBANK Stock history
TYSNES SPAREBANK investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TYSNES is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TYSNES SPAREBANK will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TYSNES SPAREBANK stock prices may prove useful in developing a viable investing in TYSNES SPAREBANK
Tysnes Sparebank, a savings bank, provides banking products and services for private and business customers in Tysness and surrounding areas. The company was incorporated in 1862 and is headquartered in Tysnes, Norway branches in Kvinnherad, Bergen, Odda, and Stord. TYSNES SPAREBANK is traded on Frankfurt Stock Exchange in Germany.
TYSNES SPAREBANK Stock Technical Analysis
TYSNES SPAREBANK 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.
Price Boundaries
TYSNES SPAREBANK Period Price Range
Low | January 31, 2025
| High |
0.00 | 0.00 |
TYSNES SPAREBANK NK cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
TYSNES SPAREBANK January 31, 2025 Market Strength
Market strength indicators help investors to evaluate how TYSNES SPAREBANK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TYSNES SPAREBANK shares will generate the highest return on investment. By undertsting and applying TYSNES SPAREBANK stock market strength indicators, traders can identify TYSNES SPAREBANK NK entry and exit signals to maximize returns
TYSNES SPAREBANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TYSNES SPAREBANK's price direction in advance. Along with the technical and fundamental analysis of TYSNES Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TYSNES to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | 1.65 |
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Complementary Tools for TYSNES Stock analysis
When running TYSNES SPAREBANK's price analysis, check to measure TYSNES 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 TYSNES SPAREBANK is operating at the current time. Most of TYSNES SPAREBANK's value examination focuses on studying past and present price action to predict the probability of TYSNES 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 TYSNES SPAREBANK's price. Additionally, you may evaluate how the addition of TYSNES SPAREBANK to your portfolios can decrease your overall portfolio volatility.
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